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Enat Bank S.C. opened its fifth branch on Saturday, July 12, 2014 at Mekato, Dubai Tera. The branch is named after the first female Member of Parliament.

Abay Bank started rendering card banking via Automatic Teller Machines (ATM) on Saturday, July 12, 2014.

For the 2014/2015 fiscal year the Oromia State Council passed the budget to be over 31.6 Billion Birr.

Africa Oil, a Canadian oil company, is going to collect seismic data in Arba Minch, Ethiopia, at a new oil exploration block.

Ethiopia’s Central Statistics Agency (CSA) revealed the nation’s inflation rate fell from 8.7 to 8.5 percent in the year.This is attributed to the slowing rise in food prices.

Agricultural inputs that are worth 8.5 Billion Birr are being distributed in Ethiopia by Agricultural Input Supply Enterprise (AISE). The inputs are being distributed for the 2006/2007 crop season.

According to Canadian Ambassador to Ethiopia, David Usher, investors from his country with a total capital of CAD $ 367 Million have managed to secure license in order to work in Ethiopia.

The Ethiopian President Mulatu Teshome and his Chinese counterpart Xi Jinping held talks on Wednesday, July 9, 2014 and agreed to boost the cooperation the two nations have.

Multilateral Investment Guarantee Agency’s (MIGA) Vice President and Chief Operating Officer, Michel Wormser, is visiting Ethiopia from July 8 to July 11, 2014. According to the press release by MIGA, the visit is to underscores the Agency’s continued support to Ethiopia’s development goals via private investment.

The Ethiopian Aviation Enterprise (EAE) is looking for bidders to construct the Hawassa Airport.