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TAAG Angola Airlines Gets Its 1st Boeing 787 Dreamliner

2025-02-01 by EthioStockMarket.com Reporter

Angolan flag carrier TAAG Angola Airlines has received the first of four Boeing 787 Dreamliners just over a year after placing the order. The airline is undergoing significant transformation, with new …

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Ethiopia’s Forex Rules Set to Change Under IMF Deal

2025-02-01 by EthioStockMarket.com Reporter

Ethiopia will ease several foreign currency restrictions while maintaining key controls on businesses, the International Monetary Fund said Thursday in its …

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Security doubts, political tensions lead to massive deposit rush in panic-ridden Tigray

2025-02-01 by EthioStockMarket.com Reporter

Recent statements from Tigray’s security forces have triggered a massive deposit rush in Mekelle and elsewhere, with banks reportedly witnessing more than half a billion birr or more in withdrawals in …

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Fleeing Ethiopia: The unbearable price of survival

2025-02-01 by EthioStockMarket.com Reporter

I never wanted to leave Ethiopia. I had dreams like any young man—building a career, marrying the woman I love, and caring for my mother. But those dreams …

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EIH reports 901 bln birr in six-month revenues

2025-02-01 by EthioStockMarket.com Reporter

Ethiopian Investment Holdings (EIH) reports the state-owned enterprises under its wing amassed 901 billion birr in total revenues over the first half of the fiscal year.

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Abyssinia Bank, Chaka Coffee Launch First Café-Integrated Bank

2025-02-01 by EthioStockMarket.com Reporter

Abyssinia Bank and Chaka Coffee have unveiled Ethiopia’s first café-integrated banking experience, merging modern banking with a coffeehouse setting. The …

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EIH reports 901 bln birr in six-month revenues

2025-02-01 by EthioStockMarket.com Reporter

Ethiopian Investment Holdings (EIH) reports the state-owned enterprises under its wing amassed 901 billion birr in total revenues over the first half of the fiscal year.

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Ethiopia opens first stock market since Emperor Haile Selassie

2025-02-01 by EthioStockMarket.com Reporter

Before civil war broke out, Ethiopia, one of the poorest countries in the world, had grown at about 10 per cent annually for 15 years, according to World Bank data. Government officials said that …

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Ethiopia: A Stock Market Relaunch Heralds Economic Transformation

2025-02-01 by EthioStockMarket.com Reporter

On January 10, it shed the tag with the relaunch of the Ethiopian Securities Exchange (ESX). For Prime Minister Abiy Ahmed, ringing the bell to mark the opening of ESX was a momentous occasion and …

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Ethiopia relaunches securities exchange to lure investors

2025-02-01 by EthioStockMarket.com Reporter

was the first company to list on the exchange. Ethiopian Insurance Corporation, Ethiopian Shipping and Logistics Services Enterprise, and Berhanena Selam Printing joined Ethiopia Telecom as …

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Ethiopia relaunches securities exchange to lure investors

2025-02-01 by EthioStockMarket.com Reporter

was the first company to list on the exchange. Ethiopian Insurance Corporation, Ethiopian Shipping and Logistics Services Enterprise, and Berhanena Selam Printing joined Ethiopia Telecom as …

Categories News Tags Ethiopian Insurance Corporation Leave a comment

Willis hires Marsh’s Pat Donnelly as Head of Risk & Broking, NA

2025-01-31 by EthioStockMarket.com Reporter

Brokerage Willis, a WTW business, has appointed Pat Donnelly as the Head of Risk & Broking (R&B), North America (NA), reporting to Lucy Clarke, …

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Ethiopian Lawyers Turn to International Alliances as New Securities Exchange Launched

2025-01-31 by EthioStockMarket.com Reporter

Wegagen Bank, a private bank with more than $520 million in assets, is the first to list on the exchange but over 30 state-owned companies including Ethio Telecom are expected to join within months.

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Ethiopia: Foreign Bank Entry – Gateway to Global Financing

2025-01-31 by EthioStockMarket.com Reporter

Experts believe that allowing foreign banks to operate in Ethiopia would significantly benefit the local financial sector. They argued that this move would boost competitiveness among local banks, …

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Advancing African Agenda

2025-01-31 by EthioStockMarket.com Reporter

Advancing African Agenda By Staff Writer Addis Ababa, January 31, 2025 (ENA) Over the past three years, Ethiopia’s diplomatic journey has been marked by significant milestones, solidifying its …

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Ethiopia’s Digital Leap – a Timeline of Significant Changes

2025-01-31 by EthioStockMarket.com Reporter

In June 2020, the Government of Ethiopia launched the Digital Ethiopia 2025 Strategy, a national digital transformation strategy aiming to lay the foundation for a digital economy by the end of 2025.

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Foreign Bank Entry – Gateway to Global Financing

2025-01-31 by EthioStockMarket.com Reporter

Experts believe that allowing foreign banks to operate in Ethiopia would significantly benefit the local financial sector. They argued that this move would boost competitiveness among local banks, …

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Ethiopia Climbing Higher in Tourism Ranking

2025-01-31 by EthioStockMarket.com Reporter

Ethiopia has emerged as Africa’s fastest-growing tourist destination, achieving an impressive 40% increase in international arrivals over the past five years, according to a 2024 report from the …

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DC Plane Crash Update as Black Boxes Found in Potomac River, NTSB Confirms

2025-01-31 by EthioStockMarket.com Reporter

The crash occurred on Wednesday night, involving a CRJ700 regional jet from Kansas and a Sikorsky H-60 military helicopter.

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