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Ethiopia, Dubai Record Sharp Rise in Non-Oil Trade


Ethiopia, Dubai Record Sharp Rise in Non-Oil Trade

Non-oil trade between Ethiopia and Dubai reached 22.3 billion UAE dirhams in 2025, marking a sharp year-on-year increase of 236.6pc. The figures were announced following a trade mission to Addis Abeba that brought together Ethiopian and Dubai-based companies for bilateral meetings aimed at expanding investment and commercial partnerships across multiple sectors. The “Dubai–Ethiopia Business Connect” forum was organised in collaboration with the Ethiopian Investment Commission(EIC), the Ethiopian Chamber of Commerce and Sectoral Associations, (ECCSA) the Addis Abeba Chamber of Commerce, and the UAE Embassy in Ethiopia. Mohammad Ali Rashed Lootah said the mission aims to deepen economic ties and unlock new private-sector opportunities between the two markets. The delegation included 21 Dubai-based companies operating in construction materials, engineering, electronics, food and beverages, pharmaceuticals, mining, oil and gas, textiles, and garments, while 91 Ethiopian firms joined the Dubai Chamber in the first quarter of 2026, bringing total Ethiopian membership to 1,676.

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MOENCO Introduces BYD Shark 6 as Hybrid Demand Gains Ground

Motor & Engineering Company of Ethiopia (MOENCO), the sole authorised dealer for BYD in Ethiopia, officially launched the BYD Shark 6, a plug-in hybrid electric vehicle (PHEV) pickup truck, at the Science Museum in Addis Abeba on May 22, 2026. The high-profile launch drew senior government officials, industry leaders, and representatives from BYD. Unlike the fully electric models previously introduced by MOENCO, the Shark 6 combines electric and fuel-powered performance to navigate both c...


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Ethiopia, Djibouti Explore New Petroleum, Gas Pipeline Network

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Addis Abeba Relaxes Procurement Restrictions to Prevent Health Crisis

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