Friday 09th October 2015


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.”

blog comments powered by Disqus


1. Do you think the Addis Ababa Light Railway will ease the transport problem in the city?

(250 votes)

42.8%   (107)
20.4%   (51)
36.8%   (92)


2. Do you think the mega projects in the country will affect small businesses?

(141 votes)

53.2%   (75)
12.8%   (18)
34%   (48)

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


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...


Name: Fikir Bezabih
Education: Diploma in Fine Arts and Design 
Company name: Vivid Studio
Studio title: General Manager 
Founded: 2006
What it does: Graphic design, printing and engraving


Indeed, the rains have failed in many areas in the country this year and the prospective of things getting better soon is bleak. Semi-arid areas are especially affected and the people living there are facing widespread food insecurity. read more...


The world’s geography shows us that with rare exceptions like landfill extensions or China's artificial islands in the South China Sea, the quantity of land on our planet Earth is fixed. read more...