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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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Radar

Tariff Reform Powers EEP Revenue to 119 Billion Br

Ethiopian Electric Power (EEP) collected 119 billion Br in revenue during the 2025-2026 fiscal year, up 57.8pc from the previous year, while recording a gross profit of 39.5 billion Br. The performance comes as EEP faces public scrutiny over a multi-year electricity tariff reform. EEP achieved 92pc of its 129.8 billion Br revenue target. It attributed the performance to improved revenue collection systems and better coordination, following a period in which the utility operated at a significa...


Radar

ESX Names Yodit Kassa CEO in Leadership Handover

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Radar

Enat Bank Enlists Partners to Develop Gender Bond

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