Ethiopia: Saudi Arabia Seeks to Expand Ties with Ethiopia
The departing Saudi Arabia’s Ambassador to Ethiopia Abdulbaqi Ahmed Ajlan expressed the growing interest of Saudi investors to do business in Ethiopia when he took leave of Ethiopian President Mulatu Teshome yesterday, on May 21, 2015, Ethiopian News Agency reported.
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Ethiopian Power Engineering Industry (EPEI) that operates under Metals and Engineering Corporation (METEC) unveiled its plan on Sunday, May 17, 2015 to export Ethiopian made transformers to neighboring countries within short period of time, Ethiopian Herald reported.
Awash Melkasa Aluminum Sulphate & Sulfuric Acid S.C. is to commence production of hydrogen peroxide in June 2015 with an investment of Birr 234 million, according to Addis Fortune.
Henok Teferra, Vice President for Corporate Strategy Communications and Alliances at Ethiopian Airlines is to take over from the outgoing CEO of ASKY, Yissehak Zewoldi, The Reporter reported.
