Category: News in English
Ethiopian Bank Auctions Foreign Currency To Combat Exchange Rate of US Dollar
#Araweelo_News_Network Addis Ababa (ANN)- The government of Ethiopia, which is dealing with the devaluation of its currency, has imposed a new order that the state bank will be able to control the exchange of the dollar and its currency. “The
MiddleEast: Height of tension
Middle east: Height tension and escalation of situation #Araweelo_News_Network The situation in the Middle East region has worsened, and there is a great sense of fear in the region, considering the movement of weapons and the preparation of air defenses
Dahabshiil Company is keen to expand its Ethiopian presence
#Araweelo_News_Network HARNESSING THE DIASPORA Hargeisa (ANN)- Dahabshiil targets Ethiopia expansion after M‑Pesa Safaricom partnership, Abdirashid Duale says. Abdirashid Duale sees remittances as a key driver of development in sub-Saharan Africa. Dahabshiil is keen to
Mogadishu: Government of Somalia has spoken about an explosion that caused serious damage
#Araweelo_News_Network. Mogadishu, Somalia, (ANN)-The Federal Government of Somalia has spoken about an explosion that caused serious damage last night at Lido Beach in Mogadishu after a suicide attack was used while hundreds of people were partying. The
Ethiopian PM Abiy has talked about the serious problems of private banks
#Araweelo_News_Network. Addis Ababa (ANN)-Ethiopian PM Abiy Ahmed urged private banks to think about merging to become stronger. He criticized the current situation, where there are over 30 private banks, which he called “kiosks.” He encouraged these banks
DP World scored another win its ongoing legal wrangle with the Government of Djibouti
“The authorities in Djibouti have repeatedly shown an utter contempt for the rule of law and the norms of good business, with no respect for legal agreements. is bad for business,” said a spokesman from DP World. #Araweelo_News_Network
Ethiopia and Kuwait have a dispute over workers
Kuwait rejected Ethiopian Federal Goverment Request #Araweelo_News_Network. Kuwait City (ANN)-Kuwait and the Government of Ethiopia disagreed on a request to increase the salary of Ethiopians working in Kuwait, which is one of the richest countries in the Gulf, but
Urgent Need to Uphold Parliamentary Privilege and Immunity
#Araweelo_News_Network. Subject: Urgent Need to Uphold Parliamentary Privilege and Immunity Dear Hon. Mr. Speaker, I write with deep concern about the blatant and persistent disregard for Parliamentary Privileges and Immunities by the executive branches and certain Members of
US court enforces $200 million award for DP World against Djibouti
#Araweelo_News_Network Washington (ANN)-The US District Court for the District of Columbia has enforced a $200 million award won by a subsidiary of the UAE’s DP World against Djibouti,confirming a partial award issued in 2022 in a long-running arbitration over
The president of Kenya appointed new ministers
The president of Kenya appointed new ministersPresident William Ruto has given four important positions to the opposition, #Araweelo_News_Network. Nairobi (ANN) Kenyan President William Ruto has announced an expanded cabinet, which includes members of the opposition. Ruto, speaking at the