UAE and China seal billion-dollar deal for 350 flying taxis
Addis Ababa, July 17, 2025 (FMC) — A company based in the United Arab Emirates, has signed a memorandum of understanding with Chinese electric vertical take-off and landing (eVTOL)…
Ethiopian lawmakers ratify amendments to income tax and electoral proclamations
Addis Ababa, July 17, 2025 (FMC) — Ethiopia’s House of People’s Representatives (HoPR) ratified two critical proclamation amendments during its second emergency session convened today.…
Ethiopia aims to curb inflation and strengthen fiscal discipline in 2025/26
Addis Ababa, July 17, 2025 (FMC) – Ethiopia’s 2025/26 fiscal plan prioritizes reducing inflation to single digits while modernizing tax administration and ensuring fiscal discipline, the…
Ethiopian gov’t targets 5.6 million jobs in 2025/26, expands overseas employment access
Addis Ababa, July 17, 2025 (FMC) – Ethiopia will work to create job opportunities for 5.6 million citizens in the 2018 Ethiopian fiscal year (2025/26), as part of its broader economic…
IGAD, Germany sign €8 million grant agreement to strengthen migration support in East Africa
Addis Ababa, July 17, 2025 (FMC) — The Intergovernmental Authority on Development (IGAD) has signed an €8 million grant agreement with the Federal Republic of Germany to expand support for…
Ethiopia eyes export-led growth, industrial substitution to drive development in 2025/26 FY
Addis Ababa, July 17, 2025 (FMC) – The Government of Ethiopia has prioritized increasing exports, substituting imports, and ensuring food security as central pillars of its national…
NISS says it fortified national security in the face of global and regional instability
Addis Ababa, July 17, 2025 (FMC) – The National Intelligence and Security Service (NISS) has undertaken extensive efforts to safeguard Ethiopia’s national security in the face of evolving…
GERD to generate $1 billion annually, powering economic transformation
Addis Ababa, July 17, 2025 (FMC) — The Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydropower project, is poised to generate an estimated $1 billion in annual revenue once fully…
Ethiopian Religious Leaders Call for Dialogue-driven Culture to Resolve Differences, Prevent…
Addis Ababa, July 16, 2025 (FMC) — Ethiopia’s religious leaders have emphasized the importance of fostering a dialogue-centered culture to resolve differences peacefully and steer the…
Daily flight to Abu Dhabi marks renewed commitment to Ethiopia–UAE partnership, says Ethiopian…
Addis Ababa, July 16, 2025 (FMC) — The launch of Ethiopian Airlines’ new daily passenger service to Abu Dhabi signals a renewed commitment to deepening the longstanding ties between Ethiopia…