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Global oil prices surged by over 5% on Monday, driven by escalating fears of a breakdown in the ceasefire agreement between the United States and Iran following the US seizure of an Iranian commercial vessel.
Prime Capital S.C. has received its operating license from the Ethiopian Capital Market Authority, becoming the sixth investment bank in the country's history.
Drivers transporting fuel from Djibouti to Ethiopia have debunked social media claims that the fuel crisis is over, reporting that daily truck loads have plummeted by over 80%.
Legendary athlete Haile Gebrselassie is set to open his 11th hotel and resort in the city of Debre Berhan this week, marking a major expansion for his hospitality brand.
Lt. Gen. Tadesse Werede, President of the Tigray Interim Administration, is currently delivering a statement on pressing regional matters in Mekelle.
The National Bank of Ethiopia has announced a one-time extension for the mandatory linking of bank accounts with the Fayda national digital ID system.
Reports indicate Iran has not dispatched a diplomatic delegation to Islamabad, Pakistan, with key officials confirmed to be in Iran. Al Jazeera cited Iranian Foreign Ministry and parliamentary sources for the information.
The National Election Board of Ethiopia has announced that today is the final day for voter registration, urging citizens to use the 'Mirchaye' digital platform or visit polling stations.
The Addis Ababa City Administration has officially conducted the 14th round of the condominium housing lottery, bringing thousands of residents closer to homeownership.
Ethiopia's Council of Ministers has approved €190 million in loan agreements from European partners to bolster economic reforms and rural financial access. The council also greenlit a major investment in a domestic urea fertilizer factory, aiming to enhance food security and save foreign currency.
Prime Capital S.C. has been granted an investment banking license by the Ethiopian Capital Market Authority, making it the sixth firm to enter the country's emerging capital market.
Professor Kindeya Gebrehiwot has issued a stern warning against recent TPLF Central Committee decisions, claiming they undermine the Pretoria Peace Agreement and threaten regional stability.
