2merkato

Commercial Bank of Ethiopia (CBO)’s total asset has reached 242.7 Billion Birr by the end of the previous fiscal year. This figure is just eight Billion Birr short of quarter of a trillion.

Ethiopian Revenue and Customs Authority (ERCA) aims to open a laboratory which detects forged receipts by the coming year. Currently the Authority depends on the Federal Police Forensics to detect false receipts.

Ethiopian Revenue and Customs Authority (ERCA) announced it aims to collect a total of 132.7 Billion Birr in the just began fiscal year.

After holding talks on the possibility of strengthening cooperation in various fields, Premiers of Seychelles and Ethiopia, President James Michel and Prime Minister Hailemariam Desalegn respectively, concluded an agreement for the creation of a joint commission between their two countries.

Ethiopian Airlines disclosed its aviation academy, Ethiopian Aviation Academy, joined the IATA’s global training partner network to make it an IATA Authorized Training Center.

Ethiopian Airlines disclosed it is planning to expand its U.S. presence by commencing a flight to Los Angeles by June 2015.

Ethiopian Airlines disclosed it received its ninth Boeing 787 Dreamliner, which it decided to call “Great Wall of China”, on Sunday, August 3, 2014.

A delegation from Ethiopia consisting of high level government officials and leading business companies held a business summit with US Investors in Los Angeles California.

Ethiopia secured U.S $ 3.3 Billion from export in the just ended fiscal year, which is a 5.8 percent increase when compared to the nation’s performance during the year preceding it. This is partly attributable to the increase in oilseed revenue, which is the nation’s second highest export earning item.

Ethiopian Civil Aviation Authority (ECAA) disclosed it will in the near future make official Ethiopia’s new Air Transport Policy.