Thursday 26th March 2015

banner.png

news menu leftnews menu right

Ethiopians in UAE purchase bonds worth USD 2.5 mln PDF Print E-mail
By Administrator   
Monday, 11 February 2013 11:59

Ethiopians living in the United Arab Emirates (UAE) have so far bought bonds worth USD 2.5 million issued by the Ethiopian government for the construction of the Grand Ethiopian Renaissance Dam (GERD).
They have also pledged to buy another USD 95,000 worth of bonds.
“Ethiopians in UAE, who rightly understood the significance of the GERD, has been supporting the project in an enthusiastic manner,” Ethiopia’s Consul General in the UAE, Misganu Arega, said at the festival held to celebrate the second anniversary of the beginning of the construction of the Dam.
This, he added, was “exemplary and showed that we can build the dam on our own”.
Reiterating his appreciation, he said “The overall support and enthusiasm shown by the Ethiopian people as a whole reflects its desire to extricate the nation from poverty.”
(WALTA)


blog comments powered by Disqus
 

POLL 1

1. Do you think the ever increasing house rent will calm down in the years to come?

(294 votes)

13.3%   (39)
84%   (247)
2.7%   (8)
Loading...

POLL 2

2. Do you think GM foods will be allowed to enter Ethiopia?

(142 votes)

4.2%   (6)
91.5%   (130)
4.2%   (6)
Loading...


Powered by Spearhead Softwares Joomla Facebook Like Button
Follow us on Twitter

PANKHURST'S CORNER

The Dramatic History of Addis Ababa Part 13: The Beginnings of Cabinet Government

The object of the present series of articles is to consider how the founding and early growth of Addis Ababa witnessed Transformation in other fields of Ethiopian economic, social and political life. read more...

ENTREPRENEUR PROFILE

Name: Michael Tadesse
Education: 10 +2,
Company Name: Ahun Fast Food
Studio Title: Owner
Founded: 2006
What it does: Restaurant service
HQ: Bole Medhanialem; behind Helzer Tower read more...

DOING BUSINESS

I recently had the privilege to travel to Washington DC to attend a conference. The Ethiopian Airlines flight to Washington departs in the evening so I used the last day in my office to complete some work read more...

BUSINESS & ECONOMY

History book well recorded the fact that a millennium ago, the Asian world was a place of great empires and large capital cities. In Southeast Asia were the kingdoms of Srivajaya, Pagan, Angkor, Champa and Dai Viet. read more...