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Dashen Bank along with American Express Card launched Ethiopia’s first American Express debit card for the bank’s clients. The bank will be giving 2 types of debit cards; Gold and Green cards.

Qatari delegation team of investors led by Former Prime Minister, Sheikh Hamad bin Jassim bin Jaber Al Thani, paid visit to Ethiopia and met with Ethiopia’s Premier, Hailemariam Desalegn.

During their meeting, Ethiopia’s Premier extended an offer for the investors to invest in Ethiopia. “Ethiopia wants Qatari investors to engage in a number of investment sectors. We have plenty and huge investment potentials,” Hailemariam said.

Oromia State of Ethiopia plans to create more than 800 thousand job opportunities with an investment of 2.4 billion Birr. The job opportunities are said to be created in the coming months of the current fiscal year.

The project aims to engage the youth in manufacturing, mechanized agriculture, construction, and mining. In order to achieve this, 200 tractors, 1,400 water pumps and 101 crushers have been prepared.

During the last 8 months of the current fiscal year, Ethiopia earned about 123 million USD, which is equivalent to 2.6 billion Birr, from the sale of electricity both for the local market and international market.

While presenting to the House of Peoples’ Representative, Motuma Mekassa, Minister for Water, Irrigation and Electricity, said “the Ethiopian Electric Service in general has collected a total of 2.6 billion birr in eight months, achieving 82 per cent of its target.”

Ethiopian Airlines, the fastest growing airline in Africa, is pleased to announce that it will commence scheduled thrice weekly flights to New York-Newark from Addis Ababa on 03 July 2016, via Lomé, Togo.

The Ethiopian Revenue and Customs Authority announced tax payers in Ethiopia woul be able to make their payment online starting from the next budget year.

Tender floated for Hawassa Industrial Park factory shed failed to attract any offer after only 9 companies bought the bid documents. Following this, Ethiopian Industrial Parks Development Corporation (IPDC) announced it would float the tender again which in the first place was only for local investors.

Stella Trade and Industry PLC is granted large-scale gold mining license to mine in Gambella State, Ethiopia. This makes Stella the first company to extract gold in Gambella.

According to Ethiopia Extractive Industries Transparency Initiative (EEITI) publication, currently there are more than 80 companies exploring for gold in Ethiopia. Nonetheless, it is only 4 companies that have been granted extraction license.

Amhara State of Ethiopia targets to harvest more than 2 million quintals of crop during the belg season. The announcement was made by the State’s Agriculture Bureau.

Commenting on the issue, Solomon Kumlachew, crop production expert at the Bureau, said around 253 thousand square meters of land is expected to be cultivated during the season. Thus far half of this land is covered with crop, he added.

EgyptAir opened their second office in the capital of Ethiopia, Addis Ababa. The office is situated in the premises of the African union (AU) headquarters.

The office is said to render different services including for tourists as well as flight ticket booking.