2merkato

Ministry of Trade (MoT) announced Ethiopia earned USD 81.81 Million from the export of live animals during the first six months of the current fiscal year.

Expansion work being carried out on transformer manufacturing plant which is owned by Ethiopian Power Engineering Industry (EPEI) has reached 95 percent completion rate.

Ministry of Trade announced the retail price for a liter of ethanol blended benzene in Addis Ababa is going be 18.73 Birr from Friday, January 9, 2015 to Sunday, February 8, 2015.

Ethiopian Petroleum Supply Enterprise disclosed Vitol Bahrain is going to start supplying 30 percent of Ethiopia’s import diesel and benzene from this month on.

Ethiopian Government is considering to let private investment in the multimodal (land, sea or road) transportation services.

Berhan International Bank (BIB) got Abreham Alero as its new President after securing the approval of National Bank of Ethiopia (NBE).

Addis Ababa City Housing Construction Project Office (AAHCPO) disclosed it will finalize the construction of around 73,000 houses by next year.

Turkish state owned agricultural bank, Ziraat Bank, approached the Ethiopian government and tabled its proposal to open a branch here in Ethiopia. However, this is regardless of the strict prohibition of the government foreign nationals and companies owning entering the financial sector.

Garages in the capital of Ethiopia got a go-ahead from Addis Abba City Bureau (AACTB) to renew their license without complying with the standards Federal Transport Authority (FTA) set back in 2012.

Yetebaberut Beherawi Petroleum S.C. (YBP) is set to build a 12 storey building which will serve as its headquarter. The building is going to lay on 400 Square Meters behind YBP’s service station site at CMC and expected to cost 50 Million Birr.