2merkato

Radisson Blu Hotel opened as the third international hospitality chain in Ethiopia. The hotel is situated in a nine storey building found in the Kazanchis area of Addis Ababa.

The hotel has 204 rooms, including 44 business class, 16 luxury suites and one presidential suite. On opening it offers partial restaurant, bar and café services. ‘The Signature’ bar can serve a total of 132 people at one time while a luxury French restaurant ‘Verres en Vers’ can seat 144 customers.

Ethiopian President Mulatu Teshome said the country’s railway coverage will reach 5,000 km by 2025, Ethiopian News Agency reported.

The Ethiopian Railways Corporation (ERC) revealed plans to expand the national railway network to 5,700 kilometers within the next decade, aiming to drive economic growth and create efficient transport corridors across the country.

,the largest individual shareholder of Raya Brewery SC, has acquired additional 70 million birr worth of shares. The value of his total share has reached 125 million Ethiopian birr. This purchase makes Dawit the second top shareholder in Raya, after BGI Ethiopia, which has 30 percent share.

The board of directors of Raya, chaired by Lieutenant General Tsadkan Gebretensae, is expected to announce the increase of the company's paid up capital from 300 million birr to 500 million birr at the fifth general assembly and fourth extraordinary meeting of the company.

Ethiopia’s Ministry of Urban Development, Housing and Construction (MoUDHC) sets to review the registration held for different housing schemes two years back, according to Fana Broadcasting Corporate.