daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > Continental Forums > Africa > East Africa > Ethiopia > Projects & Construction > Projects & Construction > General Ethiopia

Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Thread Tools
Old July 12th, 2008, 09:06 PM   #1
Matthias Offodile
Registered User
Matthias Offodile's Avatar
Join Date: Apr 2005
Posts: 35,607
Likes (Received): 15888

Ethiopia | Dubai unveils $100m investment plans

Dubai unveils $100m investment plans for Ethiopia

Published: July 11, 2008, 23:29


Addis Ababa: Dubai will invest about $100 million in several Ethiopian economic sectors beginning in October, a visiting group of financiers said.

Sultan Ahmad Bin Sulayem, head of the Dubai World delegation, said the Dubai government firm would invest in mining, trade, agriculture, real estate and catering.

"A team of experts from Dubai is in the process of finalising agreements with the governme-nt," he told state-run Ethio-pian television on Thursday.

Ethiopia has forecast economic growth in 2008 of 10.8 per cent, boosted by agriculture and services, but the country of 81 million people remains one of the world's poorest.

Sovereign wealth funds like Dubai World have been enriched by record oil and commodity prices, and are looking to emerging markets, as well as the richer economies, for new opportunities.
Matthias Offodile no está en línea   Reply With Quote

Sponsored Links
Old July 14th, 2008, 07:38 AM   #2
Hood Legend
skipperBill's Avatar
Join Date: May 2005
Location: Alexandria, Gedarif, Gondar
Posts: 1,187
Likes (Received): 6

I think they are getting started right away also with their plans.
Its amazing how quickly Dubai World was able to get everything setup..they invest heavily in Djbouti also.

here is a link to the original topic: http://africa.reuters.com/business/n...BAN137561.html
------a poor man's last dollar--------
skipperBill no está en línea   Reply With Quote


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity

All times are GMT +2. The time now is 09:34 AM.

Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu