Kicking off the new Parliamentary Year and making history along the way in becoming the first Female President to address the Joint Session of the two Houses, President Sahle-work Zewde has presented the government’s agenda for the coming year.
The House of People’s Representatives (HPR) has held its first hand reviews on six draft loan bills, worth a combined amount of over USD 1 billion which the Ethiopian government has signed with various foreign lenders and multilateral organizations.
The Public Enterprises Holding and Administration Agency (PEHA) on Thursday disclosed that a total of 23 public enterprises under its supervision have bagged a combined profit of some 52.3 billion birr during the 2018/19 (2011 EC) fiscal year.
Delivering her a speech in Amharic at the 74th session of the United Nation’s General Assembly (UNGA), the first Ethiopian president do so in UNGA, Sahle-Work Zewdie reflected Ethiopia’s stance with regards to the Egyptian President’s earlier speech dwelling on the longstanding tripartite negotiations over the construction of the Grand Ethiopian Renaissance Dam (GERD), which is being constructed on the Nile River, the longest river in the world.
The Dubai Chamber of Commerce and Industry plans to enter the Ethiopian market with a primary focus of engaging in the tourism as well as the real estate sectors, while facilitating conditions that would enable Ethiopian businesses introduce their products to the United Arab Emirates (UAE).
A Saudi Arabian firm, ACWA Power, has won a USD 300 million worth solar Public Venture (PV) contract, becoming the first private company to win a mega project under the Public Private Partnership (PPP), after the PPP Board of Ethiopia approved the bid summited by the firm.
Pushing towards growth and development, the Government of Ethiopia said that it will continue to maintain its position on the Grand Ethiopian Renaissance Dam (GERD), despite Egypt’s unwavering attempts to pressure Ethiopia particularly on the length of time allotted to fill the dam, the Ministry of Foreign Affairs of Ethiopia (MoFA) told The Reporter.