The airline will cover 20 to 30 percent of the cost itself, with the remainder financed by international lenders, including a USD 500 million pledge from the African Development Bank.
The airline also stated that it transported 20.7 million customers during the fiscal year.
Measures Taken Against Over 24,500 Business Entities Engaged in Illegal Trade
The company announced that a financing package exceeding $400 million has been arranged for the project, adding that the Ethiopian government holds a 17% stake.
Preliminary legal procedures have been completed, and the suspects along with the seized drugs have been referred to the competent legal authority.
The Report Indicates that the Full Removal of Fuel Subsidies is the Key Reform Among those Proposed
Key Agenda Items Include Constitutional Reform, Government Structure, and the Status of Addis Ababa and Dire Dawa
Critics Warn of Risky "Pyramid" Model Dependent on New Member Contributions
Ministry Pledges Continued Diplomatic Push to Protect Citizens Still Facing Hardship in Saudi Arabia
Manual QR-Coded Invoices Permitted as Contingency, Subject to 72-Hour Reporting Deadline
Saudi Arabia Executes Nearly 100 This Year, Mostly Foreign Nationals in Drug Cases
Failure to immediately report a lost device and deactivate mobile banking leaves account holders legally responsible for any subsequent fraud, warn officials.
