Friendship Park Generated Nearly 1 Billion Birr in Four Years, Abiy Says
Prime Minister Abiy Ahmed says Addis Ababa’s Friendship Park generated nearly 1 billion birr over four years, offering a new measure of the public space’s financial activity.
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UK development chief says Ethiopia partnership will shift toward long-term investment
Britain’s development director for Ethiopia says the bilateral relationship will increasingly emphasize long-term investment, technical expertise and multilateral financing as global aid budgets tighten.
Development Bank of Ethiopia adopts new disclosure and financial-crime policies
The state-owned Development Bank of Ethiopia has approved new privacy, risk, audit and financial-crime controls, including permanent protection for specified client, legal and security records.
Ethiopian Securities Exchange sets rules for cancellations and block trades
A new ESX Main Market Trading Manual defines trading hours, settlement-failure procedures and a five-percent market-capitalization threshold for block trades as Ethiopia’s securities market moves toward full operation.
FAA orders Boeing 737 Max fuselage inspections over possible cracks
The US Federal Aviation Administration has ordered inspections of an estimated 471 Boeing 737 Max aircraft for possible cracks in a fuselage component.
Roku reports 22% revenue growth and record quarterly profit
Roku reported second-quarter 2026 revenue of $1.35 billion and net income of $164.2 million, while withholding an outlook during its pending sale to Fox Corp.
Diageo plans major Guinness expansion alongside job cuts
Diageo will invest $1 billion to raise Guinness capacity from 8.2 million to 15.7 million hectolitres by 2031 while cutting jobs and targeting $1 billion in annual savings.
EasyJet accepts £5.7 billion takeover offer from Apollo
EasyJet has agreed to a £5.7 billion takeover by Apollo Global Management after rival bidder Castlelake withdrew, with completion expected by the end of March 2027.