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Addis Ababa residents should brace for significant traffic disruptions this Sunday, May 3, as several key roads will be closed to accommodate the International Zayed Charity 5K Street Run. Police have issued a detailed advisory regarding the closures and parking restrictions.
The United States has reportedly approved over $8.6 billion in arms sales to its key Middle Eastern allies, including Qatar, Israel, Kuwait, and the UAE. This significant move underscores ongoing strategic partnerships in the region.
Pniel Industry has inaugurated a 1.7 billion Birr input production facility in Ethiopia, set to cover 80% of the nation's bottle cap demand. The company, entirely self-funded, has also successfully trained a local workforce to replace foreign experts.
Ethiopia is facing a severe and worsening diesel shortage across several regions, leading to significant pressure on daily life. The crisis is exacerbated by rampant illegal fuel trade, driving up prices for transport and commodities.
Ethiopian running legend Haile Gebrselassie has inaugurated his 11th hotel, a four-star resort in Debre Berhan, representing a 1.9 billion Birr investment. The expansion continues with plans for new hotels in Gondar, Dire Dawa, and Harar.
As the world celebrates International Workers' Day, Ethiopian laborers voice deep concerns over stagnant wages and the lack of a national minimum wage amid soaring inflation.
The historic Al-Nejashi Mosque in Ethiopia has been provisionally added to the UNESCO World Heritage Tentative List, marking a significant step towards global recognition. The Tigray Culture and Tourism Bureau is seeking support from the Ethiopian Heritage Authority to secure its permanent inscription.
Addis Ababa is set to host the Zaid Kindness Run this Sunday, an international charity event offering the highest prize money in Ethiopian history for winning athletes.
Taxi owners in Addis Ababa express deep frustration as a long-promised program to replace aging Lada taxis with modern vehicles remains unfulfilled, leaving many in economic distress.
Finance Minister Ahmed Shide announced that over $750 million has been spent on early works for Ethiopia's new $12.5 billion mega-airport in Bishoftu.
Ethiopia's Federal Supreme Court has issued a new legal interpretation allowing employers to dismiss employees without warning for five consecutive days of unauthorized absence. This ruling significantly impacts labor law and employment practices across the country.
Ethiopia's National Bank has prepared a draft proclamation set to revolutionize the nation's insurance industry by opening it to foreign investors and establishing an independent regulatory authority.