Ethiopian Airlines Launches New Route to Freetown via Ouagadougou, Expanding its African Network
Ethiopian Airlines Launches New Route to Freetown via Ouagadougou, Expanding its African NetworkFavoriteEthiopian Airlines, Africa’s most extensive network operator, is excited to announce the launch of its new passenger service to Freetown, Sierra Leone, via Ouagadougou, Burkina Faso, beginning today, May 31, 2024. This route is a significant addition to our ongoing network expansion, enhancing connectivity between African nations and offering travelers more efficient and convenient options. ET 942 from Freetown (FNA) to Ouagadougou (OUA) and back to Addis Ababa (ADD) on Wednesdays, Fridays, and Sundays. Freetown, Sierra Leone’s capital, lies along the Atlantic Ocean on Africa’s western coast and is the country’s largest city. Ethiopian Airlines celebrated the launch of its first flight to Freetown by extending its acclaimed hospitality to all passengers on board.
Source:Ethiopian News
June 02, 2024 11:20 UTC
Egypt’s Sudanese refugees using rich cuisine to build new lives
CAIRO: Sudanese entrepreneur Julie Samir’s dream of opening a restaurant has finally come true, but it’s a bittersweet achievement after she fled Egypt from her war-torn homeland of Sudan. “The name was my father’s idea, inspired by the Bible,” she said, explaining the reference to Kush, the ancient kingdom that straddled modern-day Egypt, Sudan and Ethiopia. “We serve all three cuisines,” she said proudly, but insisted the restaurant is still distinctly Sudanese. In the suburb of Sheikh Zayed, west of Cairo, Sudanese confectioner Qussay Biram’s dessert shop, “Jeeb Maak” — Arabic for “Bring Along” — sells deep-fried dough balls called ‘luqaimat’. “I want to hire a henna artist in the restaurant, I know Egyptians love that,” she said with a laugh.
Source:Ethiopian News
June 02, 2024 08:06 UTC
Ethiopia will never be our ally, Somalia says
Ethiopia will never be our ally, Somalia saysMOGADISHU, Somalia - Somalia says the Federal Republic of Ethiopia will never be its ally, noting that Addis Ababa has continuously violated its territorial integrity and sovereignty, adding that Ethiopian National Defense Forces (ENDF) will be leaving the country by the end of 2024. Ethiopia is one of the major security and development partners of Somalia before the recent fallout. For almost two decades, ENDF has been serving in the African Union Transition Mission in Somalia (ATMIS), contributing about 4,000 troops. The Ethiopian troops are credited for enforcing stability in several parts of Somalia. Hussein Sheikh Ali made the remarks a day after he disclosed that Somalia expects all Ethiopian troops to leave Somalia in seven months, unlike other AU troop-contributing countries that will play a role in the ATMIS Somalia mission.
Source:Ethiopian News
June 02, 2024 07:52 UTC
Ethiopia's construction sector reaches 21% of GDP
The industry is projected to grow at an annual rate of more than 8 per centDeputy Prime Minister Temeshgen Tiruneh has announced that Ethiopia's construction industry has reached a significant milestone and now contributes 21 per cent to the country's Gross Domestic Product (GDP). The announcement was made during the opening of the much-anticipated Big 5 Construct Ethiopia 2024 Expo in Addis Ababa, as reported ENA . The event highlighted the significant growth of Ethiopia's construction sector. He emphasised the vital role of the sector in infrastructure development and job creation, noting that Ethiopia is capable of supplying 80 per cent of construction materials to the domestic market. Minister of Urban Affairs and Infrastructure Chaltu Sani emphasised the importance of coordination among various stakeholders to ensure the continued development of the construction industry, which is a key driver of Ethiopia's economic transformation.
Source:Ethiopian News
June 01, 2024 21:34 UTC
Business And Trade Delegation From Pakistan Concludes Its Visit To Ethiopia
As a business and trade delegation from Pakistan concluded its visit to EthiopiaSIALKOT, (UrduPoint / Pakistan Point News - 1st Jun, 2024) As a business and trade delegation from Pakistan concluded its visit to Ethiopia. President Sialkot Chamber of Commerce and Industry (SCCI) Abdul Ghafoor Malik expressed heartfelt gratitude on behalf of the delegation. SCCI President Abdul Ghasfoor Malik highlighted the delightful experience of staying in Addis Ababa, noting the city's beauty, cultural heritage, the resilience and warmth of its people. The MoU was signed by President SCCI Abdul Ghafoor Malik and Ethiopian Investment Commissioner Hanna Arayaselassie. This significant agreement lays the groundwork for enhanced bilateral trading cooperation between the business communities of Pakistan and Ethiopia through joint ventures.
Source:Ethiopian News
June 01, 2024 21:33 UTC
JUST CORSECA Unveils Stylish and Powerful SSPEED and STORM Charger Range for Modern Consumers
JST916 12W Travel Charger : This compact and stylish charger offers combined USB-A and USB-C port outputs for up to 12W of power. It includes a Type-C to Type-C cable, also 1 meter in length, and supports data and sync functionalities. It includes a Type-C to Type-C cable, also 1 meter in length, and supports data and sync functionalities. STORM Series: Power and Sophistication for the Discerning TravelerJST920 PD20W Travel Charger: The JST 920 is a sleek, versatile PD20W travel charger designed for both portability and power. JST922 PD45W Travel Charger: The JST 922 impresses with a powerful 45W output and a refined, minimalist design.
Source:Ethiopian News
June 01, 2024 21:28 UTC
Somalia Sets Deadline for Ethiopian Troops Withdrawal
Somalia Sets Deadline for Ethiopian Troops WithdrawalMOGADISHU, Somalia - Somalia has announced a significant development in its military and diplomatic relations with Ethiopia, signaling a major shift in the region's security dynamics. The Somali government has set a deadline for the complete withdrawal of all Ethiopian troops from its territory by the end of December 2024. The move to expel Ethiopian troops is a significant step in Somalia's efforts to assert its sovereignty and control over its internal security matters. The withdrawal of Ethiopian troops is expected to have significant implications for the security situation in Somalia. As the deadline for the Ethiopian troops' withdrawal approaches, all eyes will be on Somalia and Ethiopia to see how this development will impact the broader security and political dynamics in the Horn of Africa.
Source:Ethiopian News
June 01, 2024 18:50 UTC
Stock markets evolution and top markets in 2024 – New Business
By Anwar Hussen Mohammed – The Government of Ethiopia has recently announced completing its preparations to introduce stock market by forming Ethiopian Capital Market Authority, which regulates both capital market and stock exchange. But, first thing first, let’s define capital market and stock market:A capital market is where companies go to raise financial capital (money) in general. The Future of Capital Markets:• The future of capital markets is likely to be shaped by continued technological advancements, such as blockchain and artificial intelligence. The top 10 stock markets in the world (2024)The global stock market landscape continues to shift, with some surprising climbers in 2024. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are leading the charge.
Source:News Business Ethiopia
June 01, 2024 17:57 UTC
Saudi Arabia condemns Israeli attempts to undermine UNRWA efforts
Attendees explored the latest advances and emerging trends in museum education and innovation. Al-Saraj highlighted the platform’s ability to support the growth of a vibrant museum sector and benefit various stakeholders, including students, recent graduates, museum professionals and the public. Adam Habib, vice-chancellor of SOAS University of London, and Reem Al-Madani, dean of admissions at Effat University, signed the agreement. This idea of experiential learning in museums by shadowing professionals was particularly important. Al-Saraj said that developing a blended, experiential learning program required a balance between global knowledge and local expertise to create a robust curriculum.
Source:Ethiopian News
June 01, 2024 17:55 UTC
Business About Town for June 2
Close Get email notifications on {{subject}} daily! Your notification has been saved. There was a problem saving your notification. {{description}}Email notifications are only sent once a day, and only if there are new matching items.
Source:Ethiopian News
June 01, 2024 17:13 UTC
Labour unions in Nigeria to begin indefinite strike over minimum wage
The two main labour unions in Nigeria have declared an indefinite strike as from Monday over what they terms as a disagreement on a new minimum wage with the government. The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) both had issued warnings on Friday that they would proceed with the strike shoulkd the government fail to head their grievances over minimum wage requirement. They had on Tueday called for the minimum wage to be increased to 60,000 Naira but the government refused the proposal. The Friday meeting was wa s a no-show by the government representatives a move that angered the two unions. The two unions are also demanding the government to stop the electricity tariff hike effected last month.
Source:Ethiopian News
June 01, 2024 13:34 UTC
Damtew, Belaybeh and Debebe suspended
Dire Dawa striker Carlos Damtew, Adane Beleneh of Wolkite City and Fasil Kenema’s Mignot Debebe topped the league sanctions for week 26, when the Ethiopia Premier League disciplinary committee met to review the week’s infractions. A total of six players were punished with sanctions including fines and suspensions. The players, Carlos Damtew, Adane Belayneh and Mignot Debebe received their fifth yellow cards of the season which cost them fines of 1500 Birrs and a one-week suspension each. Gatuoch Panom of Fasil Kenema and Tsegaab Yohannes of Hawassa City were both sent off during the week’s match after receiving two yellow cards each. They too were suspended for one game, meaning the next league match, and fined 1500 birrs.
Source:Ethiopian News
June 01, 2024 12:13 UTC
Ethiopia, Yapi Merkezi arbitration hearing begins in London
The first hearing in the case involving the state-owned Ethiopian Railway Corporation and Yapi Merkezi, a Turkish contractor, took place earlier this month, according to reliable sources. It centers around the 392-kilometer Awash-Woldiya-Hara Gebeya railway project kicked off in 2015 with USD 1.7 billion in financing from the state-owned Turk Exim Bank. Systra MD, a French firm, was awarded the contract for consulting on the project, while Yapi Merkezi was in charge of the construction work. Attorneys representing the Corporation and the government traveled to London days before the hearing and have since returned to Ethiopia. Only the arbitration judges and representatives of Ethiopia and the contractor know,” said the executive.
Source:Ethiopian News
June 01, 2024 11:01 UTC