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Ministry of Mines, Petroleum and Natural Gas disclosed Ethiopia made 309 million USD from the sales of different minerals in the international market.

Ethiopian Airlines has contracted Lufthansa Technik to provide comprehensive component support for the airline’s future Airbus A350 fleet. The corresponding Total Component Support TCS agreement will run for a period of ten years and includes 14 aircraft. The contract comprises component maintenance, repair and overhaul as well as access to a pool of spares.

Ethiopia’s Public Procurement and Property Disposal Service earned 193 million Birr from the disposal of used materials in the just concluded fiscal year. The revenue was generated from the sales of scraps metals, vehicles and other office materials.

Ethiopian Roads Authority (ERA) disclosed a total of 1,412 kilometers of roads were constructed all over Ethiopia in the just concluded fiscal year. Nonetheless, the Authority’s plan was to construct about 1,557 kilometers of road, meaning the performance was 93 percent of the target set.

Agricultural Land Investment Administration Agency has served 7 commercial farm developers with warning letters. The commercial farm developers who occupy 37,500 hectares of land in Ethiopia, are served with the letters for leaving land unutilized for so long.

Ministry of Agriculture and Natural Resource (MANR) disclosed it has prepared 13 million hectares of land across Ethiopia to be cultivated in Meher season.

The federal legislature of Ethiopia, House of Peoples’ Representatives (HPR), promulgated a new income tax law today July 26, 2016.

The World Bank has granted 6 million USD to one of public universities in Ethiopia, Haromaya University. The grant is to assist the higher learning institution’s effort to become one of the leading research center of excellence in the African Continent.

Geological Survey of Ethiopia (GSE) disclosed in the just concluded fiscal year 20 new areas rich in mineral resources were identified.

Ministry of Foreign Affairs disclosed during the first 10 months of the just concluded fiscal year, Ethiopia earned 4 billion USD in remittance.