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Uruguayan Foreign Minister Rodolfo Nin Novoa expressed its country’s intention to open an embassy in Addis Ababa, Ethiopia, to bring Uruguay closer to the African continent.

Commercial Bank of Ethiopia (CBE) said its reserve has peaked to 242 billion Birr.

The Ministry of Water, Irrigation and Energy is to launch new petroleum quality detecting digital laboratories and fuel analyzers worth 12 million Birr, Addis Fortune reported.

Yobek Electrical Enterprise, a local private company inaugurated its newly built business center, worth 360 million Birr in Lideta Sub-city, Senga Tera, according to The Reporter.

Ministry of Trade has put in place a new directive that regulates the loads of agricultural and manufactured products air passengers can carry in flight, according to Addis Ababa.

The Oromo Diaspora Festival was officially launched for the first time on August 2, 2015, at the Oromo Cultural Center, Walta Information Center reported.

Metals and Engineering Corporation (METEC) said it is ready to assemble 130 wagons for Addis Ababa-Dewelle railway project.

Habesha Beer commenced distribution on July 11, 2015, to Debre Birhan, Addis Ababa and Adama markets, Addis Fortune reported.

The 10th Ethiopian Diaspora Business Forum was held on August 1, 2015, at The George Washington University, according to The Daily Monitor.

The Economist Events’ Ethiopia Summit is going to be held on October 28th and 29th, 2015, at the Sheraton Hotel in Addis Ababa, The Reporter reported.