Emirates to Resume Flights to Addis Abeba

Jul 18 , 2020


Emirates, a state-owned airline and flag carrier of the United Arab Emirates, is set to resume flying to Addis Abeba starting on August 1, 2020. The airline has announced its decision to resume flights after it stopped on March 31, 2020, due to the Novel Coronavirus (COVID-19) pandemic. The airline is also resuming flights to Tehran, Iran and Oslo, Norway, starting on July 17 and August 4, 2020, respectively. Operating with its Boeing 777-300ER aircraft, Emirates will fly to a total of 62 destinations by the coming month. It has introduced air travel protocols to restrict the transmission of the pandemic during flights. Travelers from and to Dubai are required to have travel insurance covering COVID-19 along with a negative polymerase chain reaction (PCR) test certificate. Customers whose travel plans were disrupted due to COVID-19 restrictions are able to rebook to fly at a later time or to request refunds since their tickets will be valid for 24 months. The airline demands travelers follow COVID-19 safety measures such as wearing face masks and gloves and bringing hand sanitiser kits with them.


Radar

Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


Radar

Authority Reports Fuel Import Stats

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


Radar

Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...


Back
WhatsApp
Telegram
Email