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Egypt announced the failure of the fourth and final round of negotiations on the Grand Ethiopian Renaissance Dam (GERD), which was held on Monday and Tuesday in the Ethiopian capital, Addis Ababa. Cairo said, “In light of these Ethiopian positions, the negotiating paths have ended.”The Egyptian Ministry of Water Resources and Irrigation indicated that the meeting held within the course of the GERD negotiations between Egypt, Sudan and Ethiopia, which was previously launched within the framework of the three countries’ agreement to accelerate the completion of the agreement on the rules for filling and operating the dam within four months, did not produce any results. In a statement following the meeting on Tuesday, that the meeting failed due to “the continuation of the same Ethiopian positions refusing over the past years to adopt any compromise technical and legal solutions that would secure the interests of the three countries, and Ethiopia’s persistence in reneging on the understandings reached that meet its declared interests.”Egypt said that it has become clear that the Ethiopian side is determined to continue exploiting the negotiating cover to establish the status quo on the ground, and to negotiate to extract an instrument of approval from the two downstream countries on absolute Ethiopian control of the Blue Nile in isolation from international law. Egypt confirmed that it will closely monitor the process of filling and operating the dam, and that Cairo reserves its right guaranteed under international conventions to defend its water and national security in the event it is exposed to harm.

Ethiopian Airlines is a longstanding client of Citi’s Treasury and Trade Solutions (TTS) business, and their support and partnership have been instrumental to reaching the deal. The USD $450 million loan is Citi’s largest aircraft financing in Ethiopia within the last decade and will help support both the bank’s bid to increase its footprint in the region, and the airline’s ambitious growth plan. The five new aircraft will bolster Ethiopian Airline’s fleet to 150 in total and delivery of all the aircraft will be completed in the U.S. state of Washington in December. Ethiopian Airlines has ambitions to grow its fleet to over 270 aircraft by 2035. Ethiopian Airlines Group CEO Mesfin Tasew said: "We are pleased to announce that we have reached an agreement with Citi to secure a USD $450m loan.

(Adds Ethiopia foreign ministry statement paragraph 3, final two paragraphs)DUBAI, Dec 20 (Reuters) -Egypt said the latest talks over the Grand Ethiopian Renaissance Dam (GERD) had failed but it would monitor the process of filling and operating the dam. In a statement, Ethiopia's foreign ministry said Egypt had "misrepresented" Ethiopia's positions in the talks, adding that Egypt's "colonial era mentality and erected roadblocks against efforts toward convergence". Egypt has long opposed the project because of worries about its future supplies of water from the Nile, on which it is heavily dependent. Sudan, another downstream country, has expressed concern about the regulation and safety of its own water supplies and dams. "Ethiopia remains committed to reach an amicable and negotiated settlement that addresses the interests of the three countries and looks forward to the resumption of the negotiation," the foreign ministry statement said.

Her extended family was asleep when the strike leveled their apartment building in Rafah before dawn, said Suzan Zoarab, the infant’s grandmother and survivor of the blast. Hospital officials said 27 people were killed, among them Amira and her 2-year old brother, Ahmed. The Zoarab family were among the few Palestinians in Gaza who remained in their own homes. When the strike hit, it killed at least 13 members of the Zoarab family, including a journalist, Adel, as well as displaced people sheltering nearby. As Mahmoud lay in his bed at Rafah’s Kuwati Hospital, Suzan brought him the two children for a final goodbye before they were buried.

Egypt said on Tuesday that a four-month deadline agreed to with Ethiopia to negotiate an end to a long-running dispute over a dam on the Nile has expired without any progress made. It has for years wanted Addis Ababa to agree to a legally binding deal on the filling and operation of the dam. Ethiopia has insisted the hydroelectric dam on the Blue Nile is crucial to the nation's development and that Egypt and fellow downstream country Sudan have nothing to fear. Sudan, which will also be affected by the building of the dam, has consistently been a party to the negotiations. “In view of these Ethiopian positions, the path of negotiations has now ended.”A view of the Nile River in Cairo, Egypt.

Israeli troops have raided a series of hospitals and shelters in the north, detaining men in a search for militants and expelling others taking refuge there. Israel has killed hundreds of Hamas militants there and detained another 500 suspected militants, according to a statement from division commander Brig. The war began after Hamas and other militants killed some 1,200 people in Israel, mostly civilians, and abducted 240 others. Israeli troops seized northern Gaza’s Al Awda hospital on Sunday after besieging it for 12 days, the international aid group Doctors Without Borders said Tuesday. There was no immediate comment from the Israeli military about the hospital raids.

Ethiopian Airlines, Africa’s largest carrier, has announced a USD $450 million loan agreement to finance the acquisition of five new Boeing aircraft. Ethiopian Airlines has set ambitious goals for its fleet, aiming to grow it to over 270 aircraft by 2035. The new aircraft, consisting of three Boeing 737-8 MAXs and two Boeing 777 Freighters, will increase Ethiopian Airlines’ fleet to a total of 150. “Citi has been serving Ethiopian Airlines for many decades, and we are pleased to support its growth with financing for five new aircraft. RELATED; Ethiopian Airlines Set to Own 49% Stake in New Nigeria Air

Pictures released by the joint task forces show several weapons on display. Addis Ababa – Ethiopia’s Joint Security and Intelligence Task Force said security forces “completely foiled terrorist attack” by Somalia-based militant group, Al-Shabaab, that were planned to be carried out in the city of Jigjiga, the capital of Somali region, and various cities and areas in the regional state. The joint task force added that members of al-Shabaab were deployed to carry out terrorist attacks in Jigjiga, Fiq, Warder and Bike areas of the Somali region. In September this year, the national army said that “Al-Shabaab planned to attack the Ethiopian Defense Forces at a place called Robdirre inside in Somalia, but the plan was completely thwarted by [members of] defense forces” stationed in Somalia. The attacks were repulsed after reinforcement members of the ENDF were dispatched to join the Somali region’s security forces.

Ethiopia Nigd Bank, also known as Commercial Bank of Ethiopia (CBE) has been flying high this season in the Premier League but also among the Clubs and players sanctioned after week 8 fixtures.. The Ethiopia Premier League discipline committee has fined players and clubs after reports from match referees. The Clubs sanctioned include Ethiopia Nigd Bank, Hambericho Durame , Ethiopian Insurance and Hadiya Hosaena, all fined 5 000 birr because five or more than five players received yellow cards in their respective matches of the week.

The World Health Organization (WHO) proudly launched the Health Transformation Leaders training program on December 18, 2023. High-level representation from national and regional levels, including state ministers of health, heads of regional health bureaus, director generals, and deputies of agencies, was in attendance, making this event a resounding success. Dr. Lia Tadesse, Minister, Ministry of Health, Ethiopia, said, "Investing in the professional growth of our health leaders is crucial to creating a sustainable future for our healthcare system. This training program represents a vital step in building capacity and enhancing the competencies required to respond effectively to the evolving demands of our health sector." Distributed by APO Group on behalf of World Health Organization (WHO) - Ethiopia.

Ethiopian Investment Holdings (EIH) has announced ongoing negotiations to transfer ownership of certain sugar plants to both local and international companies. EIH CEO Abdurehman EidTahir stated that bids for some sugar mills are open to foreign and local investors, with the government ready to engage in negotiations. The government aims to reform the sugar industry and is actively encouraging potential investors to submit bids for sugar mills located across the country. Abdurehman emphasized the need for private investors, including foreign companies, to tap into this significant market opportunity. He highlighted challenges faced by the seven sugar mills, including the necessity for intensive maintenance and substantial foreign currency for spare parts.

Ethiopian Airlines has secured a $450 million loan with Citi Corporate Banking and Export Agency and Finance to finance the purchase of three Boeing MAX 8s and two 777Fs. The loan secures the financing of Ethiopian’s fleet renewal. All five aircraft are scheduled for delivery before the end of the year. So far, only one MAX 8 has been delivered on December 15. When delivered, the fleet will have grown to 150 aircraft.

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"The recent escalation in reckless Houthi attacks originating from Yemen threatens the free flow of commerce, endangers innocent mariners and violates international law," Austin said in a statement Monday. Austin said the countries involved in the new task force "- dubbed Operation Prosperity Guardian "- include the US, the UK, Bahrain, Canada, France, Italy, the Netherlands, Norway, the Seychelles and Spain. It will be run under the umbrella of a pre-existing grouping in the region, the Combined Maritime Forces, and the leadership of its Task Force 153, which focuses on the Red Sea. Austin, speaking at a briefing in Tel Aviv with his Israeli counterpart earlier in the day, said he would convene a virtual ministerial meeting Tuesday to discuss ways to protect ships in the Red Sea. The Houthis have claimed repeated attacks in the Red Sea on commercial vessels in the last several days, incidents that the US and allies say are intended to provoke a wider Middle East War.