UAE plans oil pipeline from Ethiopia to Eritrea in latest Horn of Africa move

UAE plans oil pipeline from Ethiopia to Eritrea in latest Horn of Africa move NAIROBI (Reuters) – The United Arab Emirates plans to build an oil pipeline connecting Eritrea and Ethiopia, the... Read more »

UAE to give Ethiopia $3 billion in aid and investments

The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage, government spokesman Ahmed Shide said. FILE: Ethiopia’s Prime Minister Abiy Ahmed delivers a... Read more »

Abu Dhabi allocates Dh11b development aid for Ethiopia

Fund deposits Dh3.7 billion in Ethiopia’s central bank during Mohammad Bin Zayed’s visit Shaikh Mohammad Bin Zayed Al Nahyan and Abiy Ahmad, Prime Minister of Ethiopia, tour the Jubilee Palace in Addis... Read more »

Abu Dhabi fund allocates $3bn aid package to Ethiopia

Abu Dhabi Fund for Development (ADFD), the national entity for development aid, has allocated a AED11 billion ($3 billion) economic aid package to the Ethiopian government to support sustainable socio-economic development. ADFD... Read more »

Ethiopia, UAE Ink Political Consultation MoU

By Desta Gebrehiwot Ethiopia and United Arab Emirates (UAE) signed Memorandum of Understating (MoU) for political consultation as the second Joint Ministerial Commission forum was held yesterday. The two sides were represented... Read more »

Somalia rejects Somaliland port deal with Ethiopia and UAE company

The government of Somalia has rejected the agreement signed between Ethiopia, Somaliland and United Arab Emirates (UAE) logistics company DP World. In a statement declaring the agreement ‘null and void’, government said... Read more »

Ethiopia to join Somaliland, UAE port development venture | Djibouti News

Dubai‘s state-owned DP World said on Thursday the Ethiopian government had taken a 19 percent stake in Somaliland’s Port of Berbera. The port operator said it would retain a 51 percent stake... Read more »

Djibouti seizes control of Dubai-run Doraleh port | Djibouti News

The government of Djibouti has seized control of a container terminal operated by United Arab Emirates-based DP World, saying that the contract between the two parties was damaging the sovereignty of Djibouti.... Read more »

Ethiopia, UAE keen to propel bilateral relations – Xinhua

ADDIS ABABA, Jan. 11 (Xinhua) — Ethiopia and the United Arab Emirates (UAE) on Thursday underscored the need to further strengthen socio-economic relations, with due emphasis given to finance, investment and employment... Read more »

Ethiopia: Minister Urges UAE Investors to Tap the Industry Sector –

By Bilal Derso UAE investors can benefit from Ethiopia investment opportunity. Industry Minister Ahmed Abitew has called on investors from the United Arab Emirates (UAE) to tap the investment opportunity in Ethiopia.... Read more »