Netanyahu Has No Post-War Plan for Gaza
More than five weeks into Israel’s war with Hamas, Prime Minister Benjamin Netanyahu has not outlined his future vision for Gaza. Growing U.S.-Israeli FrictionsWith so many key questions left unanswered, there is a growing disconnect between Netanyahu and the Biden administration in the United States. By contrast, Netanyahu has said Israel will need to retain control over security in Gaza after the war. After the war, Netanyahu doubtless hopes to resume governing with this coalition, so he must take their interests into account when it comes to formulating a post-war plan for Gaza. And this would allow him to burnish his tarnished credentials as Israel’s security guarantor.
Source:Ethiopian News
November 16, 2023 16:40 UTC
MEA Joint Secretary Anil Kumar Rai appointed as India’s next ambassador to Ethiopia
Anil Kumar Rai has been appointed as the next ambassador of India to Ethiopia, the Ministry of External Affairs said in a statement. Anil Kumar Rai is currently serving as the Joint Secretary in the Ministry of External Affairs. According to the MEA, he “has been appointed as the next Ambassador of India to the Federal Democratic Republic of Ethiopia.”Anil Kumar Rai is expected to take up the assignment shortly, the MEA stated. According to the MEA, India’s relations with Ethiopia have been traditionally close and friendly. However, their relations have passed through various phases, largely in response to the change in regimes in Ethiopia.
Source:Ethiopian News
November 16, 2023 16:35 UTC
MIGA increases guarantees for 50-MW geothermal project in Ethiopia
The Multilateral Investment Guarantee Agency of the World Bank (MIGA) has increased the guarantees for a 50-MW geothermal project in Ethiopia, representing the first phase of a planned 150-MW greenfield geothermal power plant. The guarantees were issued in 2021 to Tulu Moye SAS of France to cover its equity and quasi-equity investments in Tulu Moye Geothermal Operations Plc, the Ethiopian company building the geothermal power plant in Oromia Regional State, against the risks of breach of contract, expropriation and war and civil disturbance for a period of up to 15 years. The original sum of USD 67.5 million has now been increased to USD 117 million (EUR 108m), MIGA said on Wednesday. The facility will help Ethiopia diversify its energy resources beyond hydropower, which makes the country susceptible to droughts. MIGA said it also used the IDA Private Sector Window MIGA Guarantee Facility, which provides a shared first loss layer of up to USD 40.95 million, of which IDA’s share is USD 32.76 million.
Source:Ethiopian News
November 16, 2023 16:29 UTC
Rolls Royce : and Ethiopian Airlines sign a... -November 16, 2023 at 11:26 am EST
Rolls-Royce (LSE: RR., ADR: RYCEY) today announces it has signed a Memorandum of Understanding for a comprehensive TotalCare service agreement with Ethiopian Airlines for 22 Rolls-Royce Trent XWB-84 engines. TotalCare is designed to provide operational certainty for customers by transferring time on wing and maintenance cost risk back to Rolls-Royce. Ethiopian Airlines became Africa's first A350 operator in 2016, and has been a customer of Rolls-Royce for many years. This order will complement the airline's existing fleet of 40 Rolls-Royce Trent XWB-84 engines. Rolls-Royce also powers the airline's fleet of 10 Boeing 787s with their Trent 1000 engine.
Source:Ethiopian News
November 16, 2023 16:27 UTC
Ethiopia working on full banking-sector opening, central bank governor Mihretu says
Ethiopia’s central bank is working on a plan to fully open the country’s banking system to foreign investment, governor Mamo Mihretu tells The Africa Report. There's more to this storyGet unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Subscribe Nowcancel anytimeAlready a a subscriber Sign In
Source:Ethiopian News
November 16, 2023 15:13 UTC
Dubai Air Show 2023 - Day Three
TIM ROBINSON FRAeS and BELLA RICHARDS provide a look at some of the most exciting news and highlights from the third day at the Dubai Air Show 2023. This Dubai Air Show coverage brought to you in partnership with AMAC AerospaceWith commercial airliner announcements slowing to a trickle, there was still much to see, do and learn at the third trade day of the Dubai Air Show. UAE Space Agency invests in young EmiratisThe UAE is keen to promote space careers to the young. (UAE Space Agency)After a relatively quiet week for space news at Dubai, the UAE Space Agency unveiled a new initiative, dubbed the ‘National Space Academy’, focused on the “acquisition and enrichment of space-related knowledge among Emirati youth”. He also opined that urban air mobility, above populated centres, would be a far harder challenge from a safety and public perception angle.
Source:Ethiopian News
November 16, 2023 14:52 UTC
Emirates Buys 15 Airbus Jets in Reprieve From Engine Row
COMPARE OFFERS Move left Interactive Brokers Account Minimum $0 Fee $0 Low commission rates start at $0 for U.S. listed stocks & ETFs*. SoFi Invest Account Minimum $0 Fee $0 Active investing with SoFi makes it easy to start investing in stocks and ETFs. Yieldstreet Account Minimum $10,000 Fee 0% to 2.5% Invest in private market. Robinhood Account Minimum $0 Fee $0 No commission fees to trade stocks, options or crypto, and no account minimums to start. Rolls-Royce acknowledged its engine for the A350-1000 would need more servicing than Emirates would like, but denied Clark's suggestion that the XWB-97 engine was "defective".
Source:Ethiopian News
November 16, 2023 14:16 UTC
Ethiopian equips its new A350-1000s with Thales’ AVANT Up inflight entertainment
The first of Ethiopian Airlines’ Airbus A350-1000 aircrafts on order is set to be delivered in the third quarter of 2024. ADDIA ABABA – Ethiopian Airlines Group announce that it selects AVANT Up inflight entertainment solution for its upcoming aircraft Airbus A350-1000. Ethiopian, a multi award winner including SKYTRAX awards for six years in a row, will introduce the latest technology inflight entertainment system from Thales Inflyt Experience with a new user interface to enhance passengers’ experience, several digital services such as, interactive maps, shopping, and meal and beverage selections. We are delighted to introduce the AVANT Up inflight entertainment solution for our upcoming Airbus A350-1000 aircraft where passengers will enjoy the finest immersive and cinematic experience. Thales’ AVANT Up brings to Ethiopian the latest consumer technologies and capabilities to the aircraft.
Source:Ethiopian News
November 16, 2023 14:14 UTC
Ethiopian PM Abiy Ahmed Reportedly Labels Eritrean President “Anti-Ethiopian”
Isaias Afeworki (Left) and Abiy Ahmed (right)borkenaEthiopian Prime Minister Abiy Ahmed reportedly characterized Eritrean President Isaias Afeworki as anti-Ethiopian. “It is known that Abiy Ahmed sharply criticized President Isaias Afeworki during a meeting of Prosperity Party senior leaders,” the report stated. Sources suggest that the relationship between Abiy Ahmed and the Eritrean president deteriorated after Abiy Ahmed’s government signed the Pretoria agreement in November 2022, which concluded the two-year war between the TPLF and Abiy Ahmed’s government. Allegedly, differences between Abiy Ahmed and Isaias Afeworki (and Eritreans in general) escalated after Abiy Ahmed made claims, in October of this year, concerning the Red Sea by any means necessary. Ethiopian PM was awarded the Nobel Peace Prize for “ending hostility with Eritrea.” Eritrean president a noticeably high number of supporters in Ethiopia.
Source:Ethiopian News
November 15, 2023 22:47 UTC
Sudan’s al-Burhan holds talks with Ethiopian PM and African Union chief
November 15, 2023 (PORT SUDAN) – Sudan’s Sovereign Council Chairman Abdel Fattah Al-Burhan travelled to Ethiopia on Tuesday to discuss the ongoing crisis in his country with Ethiopian Prime Minister Ahmed Abiy and African Union Commission Chairman Moussa Faki. Al-Burhan was accompanied by Darfur Governor Minni Minawi and the head of Sudan’s General Intelligence Service. This marks the second time that Minawi has travelled with al-Burhan to meet with African leaders to discuss the Sudanese crisis, which has recently been marred by violence in Darfur. During his meeting with Faki, al-Burhan discussed the situation in Sudan and the efforts being made to resolve the crisis, according to the Sovereign Council statement. The African Union is working with IGAD to launch an inclusive process to resolve Sudan’s crisis once a durable ceasefire agreement is reached under the Jeddah platform.
Source:Ethiopian News
November 15, 2023 22:28 UTC
Emirates, Ethiopian edge towards Airbus deals after Dubai talks
DUBAI (Reuters) - Emirates moved closer on Wednesday towards a potential agreement to buy dozens of Airbus A350-1000 jets after narrowing differences over performance and guarantees in talks with engine maker Rolls-Royce, industry sources said. Ethiopian Airlines was set to announce an order for around 10 of the smaller A350-900 after talks with Rolls-Royce at the Dubai Airshow that focused on service pricing, they said. None of the companies had any immediate comment. (Reporting by Alexander Cornwell, Pesha Magid, Editing by Tim Hepher)
Source:Ethiopian News
November 15, 2023 21:51 UTC
Ethiopian Airlines announces order of 11 Airbus airplanes
ADDIS ABABA, Nov. 15 (Xinhua) -- Ethiopian Airlines, Ethiopia's national flag carrier, on Wednesday announced it has placed orders for 11 Airbus airplanes. The airline said in a press statement that it has agreed to order 11 Airbus 350-900s airplanes. According to the statement, Ethiopian Airlines has plans to potentially order six more airplanes from the European airplane manufacturer. Founded in 1946, Ethiopian Airlines Group is the largest African carrier with more than 130 international passenger and cargo destinations across five continents. Ethiopian Airlines plans to increase its aircraft fleet from 140 currently to 271 by 2035.
Source:Ethiopian News
November 15, 2023 21:42 UTC
Ethiopian Airlines Upgrades Inflight Experience on A350-1000
Ethiopian Airlines Group, recognized as Africa's largest and a rapidly growing global airline brand, has announced the selection of the AVANT Up inflight entertainment system for its upcoming Airbus A350-1000 aircraft. The CEO of Ethiopian Airlines Group, Mr. Mesfin Tasew, emphasized the airline's commitment to maintaining its leading position by prioritizing exceptional onboard experiences. Bruno GUINAMAND, Regional Vice President at Thales Inflyt Experience, highlighted Ethiopian Airlines' decade-long trust in Thales as their inflight entertainment supplier. Ethiopian Airlines, consistently awarded as the best airline in Africa by SKYTRAX, continues to invest in technology to elevate its passengers' onboard experience. The first of the Ethiopian Airlines Airbus A350-1000 aircraft equipped with this state-of-the-art system is expected to be delivered in the third quarter of 2024.
Source:Ethiopian News
November 15, 2023 21:27 UTC
Airlines in last-minute talks to rescue Dubai Airshow deals
Delegates said a separate deal between Airbus and Ethiopian Airlines for 10 A350-900s had also been held up by last-minute negotiations between that airline and the A350 engine maker. A major Emirates order would help rebalance the show after Boeing and engine maker GE dominated the opening with a $50 billion order including 90 777X jets on Monday. But a common factor between those talks and the high-profile Emirates deal was tough negotiations on prices. UAE President Sheikh Mohamed bin Zayed Al Nahyan on Wednesday visited the Dubai Airshow, where he was seen briefly meeting with executives from Lockheed Martin and Saab . Dubai Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum and Emirates airline Chairman Sheikh Ahmed bin Saeed Al Maktoum were also seen at the show.
Source:Ethiopian News
November 15, 2023 19:11 UTC
Five Years After Fatal Crash, Ethiopian Airlines Orders More 737 Maxes
Ethiopian Airlines placed an order yesterday (Nov. 14), including 20 Boeing 737-9 and 737-11 Max single-aisle airliners. The deal comes five years after the crash of an Ethiopian Airlines 737 Max that killed all 157 on board. Fallout from that accident, as well as a fatal Max crash involving Indonesia’s Lion Air five months earlier, led to worldwide grounding of the Max fleet. In announcing the current agreement with Boeing, Ethiopian Airlines CEO Mesfin Tasew told reporters at the Dubai Air Show, “We believe we have checked and confirmed that the design defect of that aircraft has been fully corrected by Boeing. Yesterday’s Ethiopian Airlines order also included 11 Boeing 787 Dreamliner widebody aircraft.
Source:Ethiopian News
November 15, 2023 19:02 UTC