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The Statistics Agency said on Monday, January 4, 2016, Ethiopia’s inflation rate unchanged at 10.0 percent year-on-year in December.

I.G. Entertainment Plc. in association with Wubshet Import & Export has organized an international exhibition for the first time in four European countries, Addis Fortune reported.

The Ministry of Construction (MoC) disclosed it has prepared a plan to modernize Ethiopia’s Construction sector in the GTP II period.

China’s POLY-GCL Petroleum Group Holdings Ltd has completed drilling two appraisal wells in southeast Ethiopia, according to a senior official.

The Chemical and Construction Input Industry Development Institute of Ethiopia announced its plans to secure USD 40 million from cement export in the GTP II period.

Radison Blu will open a second hotel in Ethiopia after negotiations with Sahle & Family Business Group, signing a management contract with Carlson Rezidor Group.

Ethiopia is said to host two major international conferences in the first two months of 2016, Ethiopian News Agency reported.

Vitol Group, a multinational energy and commodities trading company, has won the tender floated by the Ethiopian Petroleum Supply Enterprise (EPSE) for the supply of fuel to Ethiopia in 2016, according to The Reporter.

Starwood Hotels & Resorts Worldwide Inc. has inked a deal with Alemgenet Trade and Industry PLC to open Four Points by Sheraton in Addis Ababa. Four Points by Sheraton- a mid- scale brand- spearheads Starwood’s growth in the mid-market segment in Africa.

National Bank of Ethiopia (NBE) will launch implementing check standardization system as of January 1, 2016, Capital reported.