2merkato

Dashe Bank S.C. is going to launch an agent banking service by the end of the 2014 making it the first bank in Ethiopia to render the service.

United Insurance Company S.C. secured 62.7 Million Birr net profit in the last fiscal year. This figure is slightly higher than what the company managed to earn in the 2012/2013 fiscal year, 60 Million Birr.

Habtemariam Shumgizaw, Chief Executive Officer of National Insurance Company of Ethiopia (NICE), has stepped down from his authority to retirement. His retirement is going to be effective from Saturday, November 1, 2014.

Ethiopian Airlines concluded a code-share agreement with the Japanese airline group, ANA.

The Bangladesh based, BDL Group, is set to build textile and garment factory at an outlay of 765 Million Birr in the Tigray State capital, Mekele City.

The plan to build an abattoir facility in the Hanna Mariam area has been abandoned by the Addis Ababa Abattoirs Enterprise (AAAE) and the construction is going to move two kilometers away from the original location.

Abyssinian Pilot Training School bought three more trainer aircrafts at an outlay of U.S. $ 1.3 Million.

A potash exploration work that was taking place in Afar State by Yara Dallol BV, a subsidiary of Yara International, is finalized after a total cost of U.S. $ 100 Million.

A Career Fair event organized by LonAdd, a local human resource consultancy firm, is going to take place in October 23 at the United Nations Economic Commission for Africa (UNECA).

Emirates launched a special fares scheme for Ethiopian travelers that makes up to 25 percent discount on Business as well Economic Class flights to selected and exciting destinations across the world.