Qatar's Sheikh Tamim Engages Somali and Ethiopian Leaders Amid Red Sea Deal Dispute"
Qatar's Sheikh Tamim Engages Somali and Ethiopian Leaders Amid Red Sea Deal Dispute"MOGADISHU, Somalia - The emir of Qatar, Sheikh Tamim bin Hamad Al Thani, recently held separate phone conversations with Somali President Hassan Sheikh Mohamud and Ethiopian Prime Minister Abiy Ahmed amid escalating tensions between the two neighboring countries. The discussions were centered around a controversial deal that Ethiopia reached with the breakaway region of Somaliland earlier this year, which granted Ethiopia access to the Red Sea. During the phone talks, Sheikh Tamim emphasized the importance of resolving the dispute through dialogue and peaceful means. The emir's conversations with the Somali and Ethiopian leaders come at a critical time, as the dispute over the Red Sea deal threatens to further destabilize an already volatile region. Sheikh Tamim's phone talks with President Hassan Sheikh and Prime Minister Abiy Ahmed are seen as part of Qatar's efforts to defuse tensions and promote dialogue between the two countries.
Source:Ethiopian News
June 13, 2024 11:48 UTC
Ethiopia shifts sale focus to local investors
Ethiopia halted the sale of shares of its state-owned operator Ethio Telecom to foreign companies, to prioritise domestic retail investors instead, reported Bloomberg. The government wanted to sell 45% of Ethio Telecom to foreign investors in a move to keep the operator competitive against Safaricom. Eid added that Ethiopia will push to sell a 10% stake to retail investors who are “showing appetite. But a sale to foreign investors is not off the table as the process will resume after the company lists on the Ethiopian Securities Exchange that starts operations in October. According to Bloomberg, Ethio Telecom had 74.6 million subscribers in January and reported 11 billion birr ($191.6 million) profit its H1 results.
Source:Ethiopian News
June 13, 2024 11:44 UTC
First-ever U.S. Baggage Sanitization System Debuts at John F. Kennedy International Airport's Terminal 7
"We are thrilled to be the nation's first airport terminal to make this groundbreaking technology available to our passengers," said Steve Thody, CEO, JFK Millennium Partners. About JFK Millennium PartnersJFK Millennium Partners (JMP) is the company selected by the Port Authority of New York & New Jersey (PANYNJ) to build and operate John F. Kennedy International Airport's new world-class, $4.2 billion Terminal 6, currently under construction and set to open in 2026. As part of its agreement with the Port Authority, JMP also currently manages JFK Terminal 7, which will be demolished in 2026 to make way for the second phase of Terminal 6 construction. With its scalable technology, strong value proposition, and growing network of partners, Clean is well-positioned to revolutionize travel hygiene and become an indispensable asset for airports and airlines worldwide. View original content to download multimedia:https://www.prnewswire.com/news-releases/first-ever-us-baggage-sanitization-system-debuts-at-john-f-kennedy-international-airports-terminal-7-302171449.htmlSOURCE JFK Millennium Partners
Source:Ethiopian News
June 13, 2024 11:18 UTC
Grenfell Tower fire: The East African communities uniting for justice
The East African communities uniting for Grenfell justice8 hours ago By Ayshea Buksh , BBC News ShareBBC Members of the Grenfell Ethio-Eritrea Group, pictured near the tower blockOf the 72 people who lost their lives in the Grenfell Tower fire seven years ago, the Ethiopian and Eritrean communities were among the hardest hit. Bedriya, who describes them as a "wonderful family", tells me: "I don't wish anybody to go through this, losing five members of their family. They included the Royal Borough of Kensington and Chelsea, the London Fire Brigade and companies involved in the refurbishment of Grenfell Tower, such as Arconic, Celotex and Kingspan. Outside of official events, the Ethio-Eritrea Grenfell group meet up regularly to socialise, share information and support each other. Daniel has also guided them through the lengthy, complex and at times technical Grenfell Tower Public Inquiry.
Source:Ethiopian News
June 13, 2024 11:16 UTC
Trans row as Sharron Davies lambasts BBC’s director of sport over ‘massively offensive’ comment: 'It's sex! It's biology!'
Sharron Davies has taken a swipe at the BBC’s new director of sport after he made a “massively offensive” comment in 2019. Alex Kay-Jelski wrote an article stating that the likes of Davies and Martina Navratilova were “not experts” on the issue of trans competitors in women’s events. His piece, written in The Times, had also suggested having separate categories for trans athletes was similar to having “special categories for Jamaican sprinters and Ethiopian marathon runners”. The Olympic silver medallist said the comments were “massively offensive” as she questioned the broadcaster’s decision. “My daughter is mixed race and does track and field, I take massive offence to that.
Source:Ethiopian News
June 13, 2024 10:47 UTC
UN refugee agency says record 117 mln people forcibly displaced in 2023
GENEVA: The United Nations refugee agency on Thursday said the number of people forcibly displaced stood at a record 117.3 million as of the end of last year, warning that this figure could rise further without major global political changes. “These are refugees, asylum seekers, internally displaced people, people being forced away by conflict, by persecution, by different and increasingly complex forms of violence,” said Filippo Grandi, the UN High Commissioner for Refugees (UNHCR). “Conflict remains a very, very deep driver of displacement.” In its report on global trends in forced displacement, UNHCR said that there had been a yearly increase in the number of people forcibly displaced over the last 12 years. More that 9 million people have been internally displaced and another 2 million have fled to neighboring countries including Chad, Egypt and South Sudan, Grandi said. In Gaza, Israel’s bombardment and ground campaign have caused around 1.7 million people – nearly 80 percent of the Palestinian enclave’s population – to become internally displaced, many of them multiple times.
Source:Ethiopian News
June 13, 2024 08:25 UTC
Ethiopia Commodity Exchange (ECX) Daily Trade Data – 12 June 2024
For all other commodities, price is in (Birr/Quintals), 1 Quintal = 100Kg. To get more commodity trade information, you may call ECX on short number 929 or text to them on short number 934.
Source:Ethiopian News
June 13, 2024 08:02 UTC
Houthis blamed for attack on cargo ship in Red Sea
AL-MUKALLA: A commercial ship transiting the Red Sea was damaged on Wednesday in an attack by another vessel and a projectile thought to have been launched by the Houthi militia group, two UK maritime agencies said. A second maritime security service, Ambrey, identified the cargo ship as the Greek-owned Tutor and said it had suffered damage to its engine room. While the Houthis did not immediately claim responsibility for the attack, Ambrey said the boat seemed to have been launched by the militia group from Yemen. The judge was known for criticizing the Houthis for human rights violations and failing to pay public workers. Shortly before his abduction he voiced sympathy for a journalist who was attacked and beaten by the militia in Sanaa.
Source:Ethiopian News
June 13, 2024 07:53 UTC
Blinken says some of Hamas’ proposed changes to ceasefire plan in Gaza are workable
BEIRUT: US Secretary of State Antony Blinken said Wednesday that mediators would keep trying to close an elusive ceasefire deal for Gaza after Hamas proposed changes to a US-backed plan, some of which he said were “workable” and some not. The ceasefire proposal has global support but has not been fully embraced by Israel or Hamas. “Hamas has proposed numerous changes to the proposal that was on the table. Phase three would see the launch of a reconstruction plan for Gaza and the return of remains of deceased hostages. On the Israeli side, 15 soldiers and 10 civilians have been killed since the war in Gaza began.
Source:Ethiopian News
June 13, 2024 05:51 UTC
CEIR announces predict conference speakers
CEIR’s Predict Conference, set for September 2024, features futurists and experts discussing strategies to keep the B2B exhibitions industry resilient amid changing market dynamics. DALLAS – The Center for Exhibition Research (CEIR) announces the speaker lineup for Predict, CEIR’s Annual Exhibition Industry Outlook Conference to be held 12-13 September 2024 at the MGM National Harbor in Oxon Hill, Md. The Predict program is laser-focused on ensuring the business-to-business (B2B) exhibitions industry remains viable and resilient in the face of evolving market dynamics. “Predict delivers a well-rounded approach, looking to the future and the global dynamics that may impact the business-to-business exhibitions industry,” said CEIR CEO Cathy Breden, CMP-F, CAE, CEM. “Predict is meant to synthesize the information, helping Predict attendees to strategically position their exhibitions for success in our fast-changing business environment.”Predict speakers represent leading futurists who will provide forward-thinking content and strategies applicable to B2B events and beyond.
Source:Ethiopian News
June 13, 2024 05:26 UTC
Ethiopia Prioritizes Telecom Sale to Locals Over Foreign Buyers
Ethiopia has put on hold the sale of the state-owned telecommunications operator to foreign investors, opting to prioritize domestic retail investors ahead of listing on the nation’s new securities exchange. The government initially favored sale of 45% of Ethio telecom to foreign investors, but canceled the bidding process in November after Orange SA announced its decision to withdraw from the race. Emirates Telecommunications Group Co. had also been said to consider a bid.
Source:Ethiopian News
June 13, 2024 04:36 UTC
Ethiopia: Amhara Region Mines 19,950 Kilograms of Opal and Gold
The Amhara Region's Mineral Resources Bureau revealed that the region produced nearly 19,950 kilograms of opal and gold over the past nine months. Mr. Tamrat Demse, Deputy Head of the Bureau, credits recent efforts focused on exploration and development. The Bureau highlighted the traditional mining methods used to produce the 19,950 kilograms delivered to the central market. Mr. Tamrat emphasized ongoing efforts to discover new resources, organize investors and local youth, and address challenges within the sector. Desalegn Mola, Chairman of a local mining association, echoed this sentiment, highlighting the benefits experienced by members who participate in legal mining practices.
Source:Ethiopian News
June 13, 2024 01:34 UTC
Ethiopia's Diaspora Remits USD 4.5 Billion Annually, EDS
In the past five years, Ethiopians and foreign nationals of Ethiopian descent have sent an average of USD 4.5 billion back to Ethiopia annually. During a recent government evaluation session, Fitsum Assefa, Minister of Planning and Development, reported that remittances reached USD 4.2 billion in the most recent fiscal year alone. "The remittance from the diaspora has been on a steady rise," stated Belayneh Aknaw, Deputy Director General of the Ethiopian Diaspora Service. Over 1,745 members have opened domestic bank accounts, depositing over USD 2.2 million in the past eight months. Additionally, the diaspora has also invested Birr 17 billion in development projects, creating over 1,000 jobs.
Source:Ethiopian News
June 13, 2024 01:28 UTC
TPLF’s Failure to Learn from Past Mistakes
“YOU CAN’T TEACH AN OLD DOG NEW TRICKS”Isael Ze EtielThe Tigray People’s Liberation Front (TPLF) is a long-standing organisation that seems stuck in its ways, unwilling to learn from past mistakes. The TPLF’s actions have not received the condemnation they deserve, with the ongoing targeting of civilians and causing further tensions in the region. Learning from past mistakes and embracing new approaches is essential to avoid repeating the same catastrophic outcomes. Only through a peaceful resolution can the people of these regions rebuild their lives and achieve lasting peace. Only a peaceful resolution can bring an end to the ongoing humanitarian crisis and allow the people of Amhara to rebuild their lives.
Source:Ethiopian News
June 12, 2024 22:06 UTC