Ethiopian Airlines Group CEO Mesfin Tasew has announced that the groundbreaking ceremony for a new mega airport in Bishoftu will be held in early December 2025. The planned airport is designed to reshape Ethiopia’s aviation sector and strengthen its position as a major hub for international travel.
The growth of deposits in private banks, in Ethiopia, is expected to decline said a study conducted by Access Capital. Increase in deposits is to lower to 24% in 2012 from the 36% registered in 2011 according to the research.
The slow down is a reflection of more stringent monetary policies and stronger competition from widely expanding state banks noted the study.
Guang Dong province, China’s prominent economic and trade hub is interested in strengthening its trade and investment ties with Ethiopia, provincial authorities said.
Guinness Beer, the internationally known stout beer and product of Diageo, has been introduced to Ethiopia’s market at Sheraton Addis on Friday, April 7, 2017.
Gulf Air, the national carrier of the Kingdom Bahrain, has appointed Mr. Salah AlShawosh as the airline’s country manager to the Federal Democratic Republic of Ethiopia. Mr. AlShawosh, a Bahraini national, was previously based in India where he held the position of airport manager in Bombay for six years.
