The Ethiopia-Somaliland deal aggravates regional tensionsTalmiz AhmadEthiopia’s prime minister Abiy Ahmed and Somaliland president Muse Bihi Abdi at the signing of the agreement. Through the agreement, Ethiopia would replace Djibouti as Somaliland’s principal trading outlet, an arrangement that was worth $1.5 billion a year to Djibouti in port fees, and loss of this income will deal a body-blow to the country. Ethiopia has also announced it is developing a navy that would be based on the Red Sea coast. But Prime Minister Ahmed faces numerous challenges. Taking all of this together, therefore, Ethiopia’s agreement with Somaliland threatens to ignite the embers of wider regional conflict.

Regulatory perspective: The Ethiopian Banking Authority (EBA) Corporate governance principles for Ethiopian Banks state that an effective risk governance framework requires robust communication about risk issues, including the Ethiopian bank’s risk strategy. APPLY INTEGRATED RISK MANAGEMENT FRAMEWORKAn integrated risk management (IRM) approach allows Ethiopian Banks to manage disparate risk types across the organization, top to bottom. This is taken from the NBE Guidance on supervisory interaction with Ethiopian Banks on risk culture and Regulators Corporate Governance principles for Ethiopian Banks. Quantitative risk appetite: Defining a Ethiopian bank’s risk capacity is a crucial step in developing a comprehensive and effective Risk Appetite Statement (RAS). Ethiopian Banks should develop forward-looking reporting capabilities to provide early warnings of any potential breaches of risk limits that may exceed the Ethiopian bank’s risk tolerance/appetite.

Riyadh expo focuses on sustainable aquacultureRIYADH: The third Saudi International Marine Exhibition began on Sunday at the Riyadh International Convention and Exhibition Center, highlighting international expertise and the latest technologies in aquaculture, fisheries and seafood industries. Al-Fadhli emphasized the government’s commitment to the aquaculture sector, announcing direct government spending of about SR1 billion ($266 million). The event features the participation of 35 countries represented by more than 120 international and local companies, with the attendance of 3,000 local and international businessmen. During the exhibition, more than 20 technical workshops will be organized, featuring the participation of international speakers, companies and universities. An exhibition featuring farmed fish products will be organized as part of the event.

Reading Time: 2 minutesEthiopian soldiers killed more than 50 civilians this week in a town in the Amhara region during house-to-house searches that followed fighting with a local militia, three residents told Reuters. Spokespersons for Ethiopia’s army and government and for the Amhara regional administration did not immediately respond to requests for comment about the reported killings in Merawi. The incident followed clashes between the army and Fano on Monday, said three residents and a Fano fighter who participated in the fighting. After Fano fighters left Merawi, army soldiers began to go from house to house killing civilians, said the three residents, two of whom said they hid in their houses for hours. The residents said they believed the soldiers were punishing them for Fano’s actions but said they had nothing to do with the militia.

Students and scholars alike met in conversation this past weekend to share research, differing opinions and international perspectives in a reflection of the Ethiopian revolution ahead of its 50-year anniversary in February. Speakers ranged from local researchers and professors at UM, to international scholars in African academia. “I crafted this project two years ago when I was at James Madison University, and I was well aware that the Ethiopian Revolution will turn 50 years in 2024. I was born and raised in Ethiopia, and lived through the legacies of that revolution,” Dinka said. The current political happenings in Ethiopia stems from the Ethiopian revolution.

Addis Ababa — Prime Minister Abiy Ahmed stressed the need for building on the momentum of wheat productivity through collaborative efforts and realize the country's agricultural potential. Attached with pictures he posted on X, the premier said this is "a glimpse of the current irrigated wheat productivity." He then urged: "Let us build on the momentum through collaborative efforts and realize our agricultural potential."

The two countries' line ministers met on the margins of the Arab Health ExhibitionEgyptian Minister of Health and Population Khaled Abdel Ghaffar met with his Emirati counterpart Abdul Rahman Al Owais on the margins of the Arab Health Exhibition, which was held in Dubai, United Arab Emirates. Hossam Abdel Ghaffar, spokesperson for the Ministry of Health and Population, said they discussed opportunities to enhance co-operation in training in the latest medical technologies and digital health. The meeting also discussed developing partnerships in the fields of medical research, pharmaceutical industry, medical products and supplies and localisation of the Arab pharmaceutical industry. Abdel Ghaffar added that the ministers also reviewed the achievements of the two countries in the fields of human and animal health, food and water safety, and climate change. In addition, the meeting touched upon public health and digital transformation.

0 shares ShareTweetPinAddis Ababa, February 3, 2024 (Addis Walta) Ethiopian Airlines announced that it is about to start a daily flight to Canadian capital, Toronto, as of April 1, 2024. By adding two more schedule on the existing five times a week flight to Toronto, the Ethiopian Airline will commence a daily passenger flight to Toronto, the airlines indicated on its social media post. Including Toronto, Ethiopian Airlines has six international destinations in North America.

Ethiopian soldiers killed more than 50 civilians this week in a town in the Amhara region during house-to-house searches that followed fighting with a local militia, three residents told Reuters. The incident followed clashes between the army and Fano on Monday, said three residents and a Fano fighter who participated in the fighting. These have included the killing of civilians in house-to-house searches and air strikes, which Reuters has also documented. House-to-house killingsAfter Fano fighters left Merawi, army soldiers began to go from house to house killing civilians, said the three residents, two of whom said they hid in their houses for hours. The third, who was out of town, said he had been told by a friend in Merawi that at least 51 civilians had been buried.

Ethiopian soldiers killed more than 50 civilians this week in a town in the Amhara region during house-to-house searches that followed fighting with a local militia, three residents told Reuters. Spokespersons for Ethiopia's army and government and for the Amhara regional administration did not immediately respond to requests for comment about the reported killings in Merawi. The incident followed clashes between the army and Fano on Monday, said three residents and a Fano fighter who participated in the fighting. After Fano fighters left Merawi, army soldiers began to go from house to house killing civilians, said the three residents, two of whom said they hid in their houses for hours. The residents said they believed the soldiers were punishing them for Fano's actions but said they had nothing to do with the militia.

The Ethiopian Delegation was led by Dr. Eyob Tekalign Tolina, the State Minister of Fiscal Policy and Public Finance of Ethiopia. Finance Minister Dr. Shamshad Akhtar welcomed Dr. Eyob Tekalign Tolina and his delegation on their visit to Pakistan. The delegation was greatly impressed by Pakistan's effective resolution of economic challenges and expressed their keen interest in learning from the country's experiences. This interest underscored a global recognition of Pakistan's experience as a valuable lesson in economic recovery. Dr. Shamshad Akhtar briefed the delegates on the latest economic developments, fiscal policy adjustments, and tax reforms undertaken by the Caretaker government.

Examples of both veggie and meat options at Gursha Ethiopian Restaurant in Grand Rapids on Wednesday, Jan. 24, 2024. Hut where traditional coffee is served during special occasions at Gursha Ethiopian Restaurant in Grand Rapids on Wednesday, Jan. 24, 2024. “People come (for the holidays) and we have traditional dances, traditional food, traditional coffee,” Behareselase said. Customer Meselech Beld eats at Gursha Ethiopian Restaurant in Grand Rapids on Wednesday, Jan. 24, 2024. “Everything that’s served here, everything that’s in here, is traditional.”Utensils aren’t given out at Gursha Ethiopian Restaurant.

An Ethiopian delegation led by Minister of Fiscal Policy and Public Finance Dr Eyob Tekalign Tolina Friday called on Caretaker Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad AkhtarISLAMABAD, (UrduPoint / Pakistan Point News - 3rd Feb, 2024) An Ethiopian delegation led by Minister of Fiscal Policy and Public Finance Dr Eyob Tekalign Tolina Friday called on Caretaker Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad Akhtar. The Finance Minister welcomed the delegation on their visit to Pakistan and said that Pakistan highly values its bilateral ties with Ethiopia including trade and economic relations. Dr Shamshad Akhtar briefed the delegates on the latest economic developments, fiscal policy adjustments, and tax reforms undertaken by the Caretaker government. The delegation was greatly impressed by Pakistan's effective resolution of economic challenges and expressed their keen interest in learning from the country's experiences. The meeting was attended by Governor State Bank Jameel Ahmed, FBR Chairman Amjad Zubair Tiwana and Secretary Finance Imdad Bosal.

Public life came to a standstill during nearly a week of protests across Amhara state (file photo)Addis Abeba — Ethiopian Human Rights Commission (EHRC) said it was "gravely concerned" after the extension by lawmakers today of a state of emergency in the crisis-hit Amhara regional state. The Commissioner cautioned that lawmakers and the government "should duly consider necessity, legality [and] proportionality", of the state of emergency. Gonder has also witnessed civilian casualties and property damage, with reports of extrajudicial killings by security forces in Shewa Robit. On 28 April, the Ethiopian Joint Security and Intelligence Task Force announced that it started "taking decisive measures" against "extremist forces" that it accused of "trying to take control of regional state power by destroying the constitutional order in the Amhara regional state." The Amhara regional state has since been the epicenter of the latest militarized conflict involving government forces armed groups that swept large parts of the regional state.

ISLAMABAD - Pakistan and Ethiopia have agreed to pursue the twinning of their cities and promote tourist exchange besides underscoring enhanced coop­eration in the field of medicine and agricultural education. The bilateral cooperation was discussed as Paki­stan’s Ambassador to Ethiopia and African Union Atif Sharif visited the historic Ethiopian city of Aksum in Tigray where he also met City Mayor Abeve. The ambassador and mayor agreed to pursue the twinning of Aksum with a Pakistani city and to promote tourist exchange. The ambassador, who vis­ited the IDPs living in a school, also held an in­teraction with the Presi­dent of Aksum Universi­ty Professor Gebreyesus Brhane. The professor showed keen interest in collaborating with Pakistani universities in STEM, medicine, and agricultural education.