Ethiopian Airlines and Holiday Inn Dhaka City Centre forge strategic partnership
Ethiopian Airlines, the national carrier of Ethiopia, and Holiday Inn Dhaka City Centre have recently entered into a long-term partnership agreement aimed at enhancing service offerings and providing mutual benefits to both organisations. Under this agreement, the crew of Ethiopian Airlines will be accommodated at the Holiday Inn Dhaka City Centre with exceptional and luxurious hospitality. The event was attended by key executives from both parties, including Mr. Masuduzzaman, Head of Business Development, Rhythm Group and GSA of Ethiopian Airlines Bangladesh, Mr. Tanvir Ahmed, Director of Finance and Business Support at Holiday Inn Dhaka City Centre, alongside senior management officials from both Ethiopian Airlines and Holiday Inn Dhaka. Under the terms of the partnership, Holiday Inn Dhaka City Centre will offer a range of exclusive services to Ethiopian Airlines crew, further enhancing the experience for the travelling crew between the two brands. Ethiopian Airlines, recognized for its excellence in air travel, continues to build a strong presence in Bangladesh, while Holiday Inn Dhaka City Centre remains a premier choice for both business and leisure travelers in the heart of Dhaka.
Source:Ethiopian News
November 18, 2024 13:30 UTC
Ethiopia, Pakistan agree to enhance health sector cooperation
ISLAMABAD, NOV 18 /DNA/ – The Federal Democratic Republic of Ethiopia (FDRE) and the Islamic Republic of Pakistan on Monday explored various avenues of enhancing the bilateral cooperation in the health sectors, mainly joint efforts in research and development areas. Dr. Jemal Beker Abdula, Special Envoy and Ambassador Extraordinary of the FDR Ethiopia to the Islamic Republic of Pakistan, and Coordinator to the Prime Minister of Pakistan on National Health Services, Regulation and Coordination H.E. The Ambassador also highlighted the strong attachment of Ethiopian students who studied from Pakistan, recalling their eagerness to help Pakistan during the flash floods 2022. He said there is a huge potential for the people of Pakistan to invest in the pharmaceutical and surgical sector of Ethiopia which imports a major chunk from various countries. He agreed to work closely with the Ethiopian Embassy Islamabad for initiating collaboration in research and development sector, and cooperation for exchange of research in health sector, and provision of medical and allied health professional education.
Source:Ethiopian News
November 18, 2024 13:17 UTC
The Daily Boeing – key news for 18 November 2024
Today’s news about Boeing includes a new board member, a new defense executive, and a large agenda for CEO Ortberg. Tim Buckley, the former CEO of Vanguard, will join Boeing’s board. In another executive move, Boeing has hired Colin Miller from Northrop Grumman to head its Phantom Works research efforts for the Pentagon. With the strike ended, CEO Kelly Ortberg has a lot of work to do at Boeing. The Boeing turnaround will also have a significant impact on the Pacific Northwest region.
Source:Ethiopian News
November 18, 2024 12:18 UTC
Brand launches innovative massage chairs, bed for home relaxation
With innovation at the core of its creations, Coway Berex’s inaugural product line-up includes Pebble and Mine massage chairs, as well as the innovative Massage Bed, each catering to various rest and relaxation needs. Mine is a compact massage chair designed for a comprehensive full-body massage experience. It is Malaysia’s first compact massage chair that offers convertible knee-to-calf massage therapy. Massage Bed offers high-powered full-body massage with a 90cm-long flat track massage concept targeting the spine down to the tailbone. Malaysians are invited to explore Coway Berex’s “revolution in relaxation” firsthand by trying out the Pebble, Mine and Massage Bed.
Source:Ethiopian News
November 18, 2024 11:42 UTC
COP29 Spotlight: Ethiopian Scientist’s Vision for Climate-Resilient Agriculture
Dr Belay focuses on the critical struggles faced by smallholder farmers in Southwest and Central Ethiopia. Dr Belay’s findings underscore the pressing need for resilient strategies tailored to smallholder farmers, a theme at the forefront of this year’s COP agenda. Scalable solution: Promoting data-driven decision-making and incorporating similar analyses into policy design could improve the effectiveness of climate adaptation programs globally. A: There are several valuable lessons that other African countries can learn from the adaptive strategies of smallholder farmers in Ethiopia. By enhancing these aspects, Rsif can play a pivotal role in transforming Africa’s agriculture and ensuring smallholder farmers’ food security.
Source:Ethiopian News
November 18, 2024 11:31 UTC
UN chief urges G20 'leadership' on stalled climate talks
UN Secretary-General Antonio Guterres on Sunday called on G20 leaders gathering in Rio de Janeiro to rescue stalled concurrent UN climate talks in Azerbaijan by showing "leadership" on cutting emissions. They account for 80 percent of global emissions," Guterres said, calling on the group to "lead by example." Climate was an issue advanced by several of the leaders as they converged on Rio. The European Union is the world's biggest contributor for climate financing, most of which goes through multilateral funds. Brazil is hoping to channel the focus on climate in the two-day G20 summit for it to feature prominently in the meeting's final declaration.
Source:Ethiopian News
November 18, 2024 11:28 UTC
Ethiopia's Defense Ministry Denies Helicopter Crash Reports in Bahir Dar as Misleading
Ethiopia's Defense Ministry Denies Helicopter Crash Reports in Bahir Dar as MisleadingADDIS ABABA, Ethiopia — The Ethiopian Ministry of Defense on Sunday refuted claims circulating on social media of a military helicopter crash in Bahir Dar, labeling the reports as "misleading and baseless," in a statement released to the public. The military activities in question, the Ministry clarified, were part of a routine training exercise by the Western Air Command, conducted on November 16. The Ministry assured that "no helicopter was harmed or faced any mishap during these operations." The Ministry went on to assure that all aircraft involved in the training returned to base safely, and all mission objectives were met successfully. Following the exercises, Bahir Dar airport has returned to regular civilian operations.
Source:Ethiopian News
November 18, 2024 10:45 UTC
Ethiopia Commodity Exchange (ECX) Daily Trade Data – 15 November 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
November 18, 2024 10:22 UTC
Ethiopia’s Foreign Earnings from Pulses and Oilseeds Surge
In a statement, Minister of State for Trade and Regional Integration, Yasmin Wahbrebi highlighted that Ethiopia's agricultural exports, including pulses and oilseeds, are showing positive growth despite challenges in fully capturing the foreign currency potential that the country’s production capacity offers. The earnings were split between USD 66 million from oilseeds and USD 90 million from pulses. Last year, Ethiopia exported 6.3 million quintals of pulses and oilseeds, generating a total of USD 675 million. In similar news, Ethiopia is set to host the 13th International Grains and Oilseeds Conference from November 20 to 21, 2024, in Addis Ababa. The conference is seen as a crucial platform for promoting Ethiopia’s agricultural products to the global market and attracting potential investors.
Source:Ethiopian News
November 18, 2024 09:57 UTC
Explainer: How the Ethiopian Birr’s Devaluation Ate into Safaricom’s Earnings
Safaricom, which owns a majority stake of 51.7% in Safaricom Ethiopia, is required to consolidate 100% of the earnings from its Ethiopian joint venture, as per International Financial Reporting Standards (IFRS). This means that despite the majority of the earnings being attributable to other shareholders in Safaricom Ethiopia, the parent company had to reflect these in its consolidated financials. The resulting forex losses had a direct bearing on the Group’s reported revenue and profits for the earnings period. Revenue Growth in EthiopiaDespite the negative impact of the Birr’s devaluation, Safaricom’s service revenues grew by 12.9%, reaching KSh 177.5 billion for the period under review. Mobile data remains the primary revenue driver for Safaricom Ethiopia, contributing 76.9% of its total service revenue.
Source:Ethiopian News
November 18, 2024 08:56 UTC
ZPMC delivers three STS cranes for Hateco’s new berths in Lach Huyen ‣ WorldCargo News
News 18 Nov 2024 by Jasmina Ovcina MandraHateco Hai Phong International Container Terminal (HHIT) takes delivery of three STS cranes intended for its two new deep-water berths. Crane delivery © Hateco Hai Phong International Container Terminal (HHIT)China’s ZPMC has delivered three STS cranes from its Changxing branch to Vietnam’s Hateco Hai Phong International Container Terminal (HHIT). The project involves a total of five STS cranes, designed with an outreach of 68m, a back reach of 16m, and a lifting height of 52.5m. The cranes are intended for Hateco’s two new deep-water berths, each 450 metres long, with a combined length of 900m, that are being constructed at Lach Huyen port. The infrastructure and equipment deployment, including five STS cranes and 14 RTG cranes, are expected to be completed by the end of 2024, with operations commencing in early 2025.
Source:Ethiopian News
November 18, 2024 08:43 UTC
Call for policies to protect Ethiopia's gig workers
However, as this sector expands, there is a pressing need for policies specifically designed to protect gig workers, many of whom lack formal contracts and legal protections. Gig workers in Ethiopia typically engage in short-term tasks that can be completed within hours or days. This event was part of the Mesirat Program, which aims to reshape Ethiopia’s gig economy through a youth-centric approach. For the remaining 83% of contractors, platforms withhold 30% of their income, highlighting their responsibility to manage tax obligations on behalf of gig workers. Menna Tafesse, Director of the Mesirat Program, emphasized Ethiopia’s potential to lead in developing its gig economy using homegrown resources.
Source:Ethiopian News
November 18, 2024 08:36 UTC
NDLEA foils drug export attempts to U.K, Italy, others
Operatives of the National Drug Law Enforcement Agency, NDLEA, have thwarted attempts by drug syndicates to export large consignments of cocaine, methamphetamine, and opioids through Murtala Muhammed International Airport, Ikeja, Lagos State, and Nnamdi Azikiwe International Airport, Abuja, to the United Kingdom, Italy, Turkey, and Qatar. On November 5, 2024, NDLEA officers intercepted 13 parcels of cocaine weighing 4.40kg destined for the UK via Frankfurt on a Lufthansa Airlines flight at the export shed of the Lagos airport. Babafemi also disclosed the arrest of another businessman, identified as Adegbite Solomon, who attempted to export 7,800 pills of tramadol along with other drugs. NDLEA operatives arrested him after recovering the opioids concealed in food and other items while he attempted to board an Ethiopian Airlines flight to Italy. The pills were concealed in the body compartments of a Toyota Hummer Bus belonging to GUO Transport Company, driven by the suspect.
Source:Ethiopian News
November 17, 2024 16:56 UTC
UK, Italy, Turkey, Qatar-bound cocaine, meth consignments intercepted in Lagos, Abuja — National Accord Newspaper
The NDLEA spokesman, Mr. Femi Babafemi disclosed this in a statement issued on Sunday via the anti-graft ‘s X handle. He claimed to have travelled to Europe through the Mediterranean Sea and earned a living as a street beggar before delving into logistics business. The pills were concealed in the body compartments of a Toyota Hummer Bus belonging to GUO Transport Company, driven by the suspect. In Edo state, not less than 997kg cannabis was recovered during raids in parts of the state. These include: WADA enlightenment lecture to students and staff of Government Day Secondary School, Bazza, Adamawa; Community Secondary School, Ogan-Ama, Rivers state; NKST Secondary School, Adikpo, Benue state; Government Secondary School, Tambuwal, Sokoto state; Government Girls Secondary School, Kunchi, Kano; Ebele Chu Group of Schools, Nkpor Onitsha, Anambra; and Army Cantonment Senior Boys High School, Ojo, Lagos state, among others.
Source:Ethiopian News
November 17, 2024 15:45 UTC
Ethiopian Air Force Helicopter Crashes in Bahir Dar, Amhara region
Ethiopian Air Force Helicopter Crashes in Bahir Dar, Amhara regionFile Photo ( RamHari Neupane - Anadolu Agency )NAIROBI, Kenya - A military helicopter from the Ethiopian Air Force crashed on Saturday at Bahir Dar's Belay Zeleke International Airport, media reports confirmed, though specifics on who was aboard remain unconfirmed. The crash reportedly happened at noon in Bahir Dar, the administrative center of the Amhara region. Consequently, all air traffic, including Ethiopian Airlines flights, to and from Bahir Dar has been grounded. Just prior to this incident, Field Marshal Berhanu Jula, Ethiopia's defense chief, had been in Bahir Dar, meeting with local defense officials, and was pictured receiving a traditional ceremonial robe in state media. Beginning in August 2023, conflict returned to the Amhara region in the form of a violent anti-government insurgency led by Fano militias.
Source:Ethiopian News
November 17, 2024 15:11 UTC