Ethiopia launches first stock exchange in 50 years
The Peninsula
Addis Ababa:Ethiopian Prime Minister Abiy Ahmed on Friday officially launched the country s first stock exchange in more than 50 years, describing it...
Addis Ababa: Ethiopian Prime Minister Abiy Ahmed on Friday officially launched the country's first stock exchange in more than 50 years, describing it as a "historic milestone" for the nation's economy.
The Ethiopian Securities Exchange (ESX) is seen as a significant step toward establishing "a vibrant capital market ecosystem" in the East African nation, aligning with the Ethiopian government's recent efforts to liberalize the country's economy and financial sector.
"In a historic milestone for our economic and financial landscape, we have officially rung the bell to launch the Ethiopian Securities Exchange," Abiy said after ringing the bell to mark the opening of the stock exchange.
The launch of the ESX would enhance the country's financial system and contribute to the development of an inclusive economy, he said, adding that the government has invested significant time and conducted extensive research to ensure the exchange's effectiveness.
Doha, Qatar: The National Food Security Strategy 2030 targets to make Qatar 55 percent self sufficient in local vegetable production. The strategy als...
Doha, Qatar: The National Food Security Strategy 2030 targets to make Qatar 55 percent self sufficient in local vegetable production. The strategy als...
Port Sudan, Sudan: The commander of the Sudanese paramilitary Rapid Support Forces said his troops lost Wad Madani , the state capital of Al Jazira,...
Gaza:Nine Palestinians were killed and several others injured today in Israeli airstrikes that targeted various locations across the Gaza Strip. Fo...
Cape Canaveral: A quarter of a century after its founding, Jeff Bezos s Blue Origin is finally ready for its maiden orbital voyage on Sunday with a br...
Milan, Italy: Juventus were held to yet another draw on Saturday after a spiky local derby at Torino ended 1 1. Nikola Vlasic earned a point for To...
Addis Ababa: Somalia and Ethiopia announced Saturday that they will restore full diplomatic relations following a visit by Somalian President Hassan S...
Berlin: Two people were killed Saturday in an accident involving a Flixbus coach travelling between Germany and Poland, the firm said in a statement....
Addis Ababa:Ethiopian Prime Minister Abiy Ahmed on Friday officially launched the country s first stock exchange in more than 50 years, describing it...
Beijing:China and Pakistan held the fourth round of political consultations in Beijing today. It was co chaired by Chinese Vice Foreign Minister Sun W...
Doha:Qatar Red Crescent Society (QRCS), in collaboration with Somalia s Ministry of Health (MOH), dispatched Little Hearts medical convoy to Somalia...