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Abay Bank, reported 38.04 million birr profit after tax and earnings per share of 14.3 Br from 12.2 birr, Fortune reported.

Bank of Abyssinia (BoA) signed a contract with S2M – a Moroccan company –, on Saturday, December 28, 2013, for the installation of 200 Point of Sale (PoS) machines and Electronic Fund Transfer (EFT) switch machines, Fortune reported.

North Holdings Investment Inc., U.S. based Ethiopian-American company is to build a cement factory with US$ 800 million investment near Dejen town, in Amhara Regional State, according to The Reporter.

The Commercial Bank of Ethiopia (CBE) earned US$ 1.1 billion from export trade in the 2012/13 fiscal year, according to The Reporter.

Ethiopian Airlines, the fastest growing and the most profitable Airline in Africa, has graduated 52 Aviation Maintenance Technicians, 47 Marketing and 25 Finance trainees on December 26, 2103 at a graduation ceremony held at the airline's Headquarters.

Expansion work on the Aluto-Langano Geothermal Power Plant launched on Wednesday, Ethiopian News Agency reported.

Construction on Megech Irrigation and Drinking Water Dam Project is launched, Fana Broadcasting Corporation reported.

Ethiopian Airlines, the fastest growing and most profitable airline in Africa has been voted as "Africa's Best Business Class Airline" by passengers at the 9th Annual Best Travel Media Award ceremony held on 18 December 2013 in Beijing, China, in the presence of over 200 top travel professionals, travel agents, national tourism office representatives, and the media across China.

Ethiopian Airlines, the fastest growing and the most profitable Airline in Africa, has celebrated its ten years of continuous service to Guangzhou, the third largest Chinese city, on December 19, 2013. Mr. Zhu Qianhong Vice-President of Guangdong Airports Management Group, Mr. Melaku Legesse, Consul-General of Ethiopia in Guangzhou, graced the event.

Ethiopian Seed Enterprise (ESE) expects to harvest over 304 thousand quintals of select seed during the ‘Meher’, a major harvest season in Ethiopia.