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Ethiopian Airlines announced that its annual revenue had grown by 40 percent in the 2010/11 fiscal year which ended on 7 July 2011. The airline made it in spite of airplane fuel price hike, Tewolde Gebremariam, CEO of the carrier, said.

According to Tewelde, the number of passengers Ethiopian carried in the 2010/11 fiscal year has also grown by 34 percent. 

Ethiopian Airlines flies to 63 destinations around the globe and to 17 destinations locally. According to Tewelde, flights to Banguwi, Hanju, Malacal, Milan and Muputo were launched in the fiscal that just ended. 

The fuel price hike has claimed 41 percent of the airline’s expenditures according to the ailines’s CEO.

Source: Walta Information Centre

Sufian Ahmed, Minister for Finance and Economic Development presented Ethiopia’s 2014/2015 budget bill on Monday, June 9, 2014 to the House of Peoples’ Representatives (HPR) suggesting the fiscal year’s budget to be 178.6 Billion Birr. After the presentation the House sent the bill for further examination to the House’s Finance and Budget Affairs Standing Committee.

The 43-year-old Ethiopian Prime Minister Abiy Ahmed, the youngest African incumbent leader, has been awarded the 100th Nobel Peace Prize of 2019. The Nobel Committee announced Abiy has been selected "for his efforts to achieve peace and international cooperation, and in particular for his decisive initiative to resolve the border conflict with neighboring Eritrea."

Ethiopia’s newly formed accreditation office, the Ethiopian National Accreditation Office, has received applications from five laboratories in Addis Ababa. ENAO will evaluate the laboratories and assess if they are able to meet the standards set by it.

ENAO accreditation means third party attestation that a laboratory has demonstrable competence to carry out its task said Genet Gebremedhin, Accreditation Director with ENAO.

In the past Ethiopian laboratories had to receive accreditation from international agencies from countries such as Germany and South Africa at a great deal of expense.

The International Civil Aviation Organization (ICAO) confirms the Ethiopia's airports are free from security threats. This announcement follows a rigorous security audit conducted by ICAO.