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Two New Luxury Hotels To Be Built In Addis

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Limitless LLC, a subsidiary company of Dubai World, has finally reached an agreement with Addis Ababa City Administration to lease two huge plots to construct two five star luxury hotels.

Ethiopia Withnessed Large Fiscal Deficit, Lower Licensed Investments In Third Quarter

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ederal government overall fiscal operations resulted in an overall fiscal deficit (including grants) of 5.05 billion birr compared to a surplus of 1,478 million birr in the preceding second quarter of the year 2008/9, while licensed invetment projects declined by 16 percent from last year same period.

Last Updated on Tuesday, 08 December 2009 07:10