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.
Add a comment Add a commentIsrael 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.
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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.
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Ethiopian Airlines is pleased to announce that it has received the 2013 "GOLD Level Boeing Performance Excellence Award" for its outstanding performance at the Wire Kits Harness Manufacturing Plant.
A delegation of 50 Italian companies will be arriving in Addis Ababa, with the head of the Italian Trade Agency, to participate in the 18th Addis Chamber International Trade Fair, Fortune reported.
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The World Bank Group’s International Financial Corporation (IFC) is considering a US$ 19 million investment in an international standard hotel in Addis Ababa, Ethiopia, Fortune reported.
The Commercial Bank of Ethiopia (CBE) has earned a gross profit of 4.6 billion birr in the first half of the 2013/14 fiscal year, Fortune reported.
Ethiopian Airlines is pleased to announce the completion of a Turnkey contract Agreement for construction of its cargo terminal 2 and apron ,with Unitechnik Systems GmbH of Germany, and Varnero Construction on January 10, 2014. The total cost of the Cargo Terminal project is 107 million EURO.
