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The World Bank’s Board of Executive Directors approved US$ 320 million to finance a new type of asphalt road in Ethiopia, according to Capital.

The Ethiopian Chamber of Commerce and Sectoral Associations announced that Ethiopia-United Arab Emirates (UAE) business forum will be held March 18, 2014 in Addis Ababa, The Ethiopian Herald reported.

Ethiopian Airlines, the fastest growing and most profitable African airline, is pleased to announce the start of daily flights to London starting from July 8, 2014.

The state-owned, Ethiopian Shipping & Logistics Services Enterprise (ESLSE) reported 5.37 billion birr earning during the first half of the fiscal year, according to Walta Information Center.

Ethiopian Airlines is pleased to announce that its strategic partner for the southern Africa region, Malawian Airlines, has launched its first international flight to Johannesburg on 17 February 2014.

Metals and Engineering Corporation (METEC) and Addis Ababa University Institute of Technology yesterday signed a Memorandum of Understanding for consultancy service on the construction of the Grand Renaissance Dam (GRD).

The Privatization and Public Enterprises Supervising Agency (PPESA) announced that it has earned 1.7 billion birr from privatization of state-owned enterprises, previous sales arrears and state dividend from privatized companies, according to The Ethiopian Herald.

Israel Chemicals Group (ICG) has bought a 19.9 percent stake in Allana Potash, the Canadian company preparing to mine potash minerals in the Dallol depression of the Afar Regional Sate, in Ethiopia, according to The Reporter.

The state-owned Russian Railway Company is in discussions with the government of Ethiopia on potential opportunities to engage in railway development projects, according to The Reporter.

The Lamberet Bus Terminal commenced operation after years of delay on February 8, 2014, Fortune reported.