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Updated throughout the day

Wednesday, July 29, 2026

10 stories

Birr Metrics·4:37 PM

Government’s Confidence Left Ethiopian Airlines Chief Questioning His Retirement

Mesfin Tasew, group chief executive officer of Ethiopian Airlines, said the government’s continued confidence in his leadership left him uncertain at one point about whether he would eventually step down, after his planned departure was extended beyond the original timeline. Mesfin, who is scheduled to retire on August 6, 2026, was initially expected to...

New Business Ethiopia·2:43 PM

Hundreds of Ethiopian Women Rescued from Misery in Saudi Arabia

Hundreds of Ethiopian women immigrants are rescued from misery in Saudi Arabia. A total of 1,834 Ethiopian nationals who had been living in difficult circumstances in Saudi Arabia have returned to Ethiopia, says Ministry of Women and Social Affairs of Ethiopia.

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Birr Metrics·4:06 PM

Nib Insurance Registers 2.8 Million Shares With ECMA as More Financial Firms Prepare for Capital Market

Nib Insurance S.C. has registered more than 2.8 million shares with the Ethiopian Capital Market Authority (ECMA), becoming the latest financial institution to complete a key regulatory requirement as participation in the country’s nascent capital market gathers pace. The regulator approved the registration of 2,818,305 shares on July 28, comprising...

The Reporter·2:22 PM

ET Posts USD 9.1bln Revenue

CEO Mesfin Tasew awaits green light for retirement The Ethiopian Airlines Group announced an impressive 20 percent jump in earnings to wrap up what will likely be CEO Mesfin Tasew’s final year in charge with USD 9.1 billion in total revenue. The performance included a 16 percent rise in cargo volume, with the state-owned carrier […]

New Business Ethiopia·1:06 PM

Ethiopia Plans to Boost Manufactured Goods Export Income to One Billion USD

Ethiopia, whose export trade is heavily reliant on raw agricultural commodities and minerals, aims to increase its income from manufactured goods export to one billion USD next year.

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Birr Metrics·12:28 PM

Ethiopian Airlines Revenue Climbs to $9.1bn as Middle East Crisis Pushes Up Costs

Ethiopian Airlines Group, Africa’s largest aviation group, reported record revenue of 9.1 billion US dollars in the financial year ended June 30, but said rising operating costs driven by global geopolitical tensions, particularly the Middle East crisis, weighed on performance. Speaking at a press briefing in Addis Ababa on Wednesday, Chief Executive...

New Business Ethiopia·12:35 PM

Ethiopia – US Security Partnerships Can Lead to Commercial Opportunities, Says AFRICOM

The African Communications and Logistics Symposium (ALCS) 2026 brought together military leaders, government officials, industry representatives, and delegates from more than 40 countries at the Hilton Hotel Addis Ababa, Ethiopia.

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The Reporter·12:00 PM

አሜሪካ ዘመናዊ ቴክኖሎጂዎቿን ለአፍሪካ አገሮች...

The Reporter·12:00 PM

በነዳጅ ግብይትና ሥርጭት የሚፈጸም ሕገወጥነትን...

The Reporter·12:00 PM

አዲስ አበባና ሸገር ከተሞች የሚኖራቸውን...

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