Trends - Abiy Ahmed - Business Recorder

Abiy Ahmed

Ethiopia hoping for $10.5bn financial aid in coming years: PM

ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed said on Thursday he was expecting about $10.5 billion in financial...

Published 05 Jul, 2024 03:17am

World

Nobody dying from hunger in Ethiopia, says PM

ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed on Tuesday denied that people were dying of hunger in the Horn of...

Published 07 Feb, 2024 05:30am

World

Blinken to meet Ethiopia’s Abiy in bid to renew ties

ADDIS ABABA: US Secretary of State Antony Blinken was set to meet Ethiopia’s Prime Minister Abiy Ahmed on Wednesday...

Published 15 Mar, 2023 12:13pm

World

Abiy has 'special responsibility' to end Tigray conflict: Nobel panel

OSLO: The Norwegian Nobel Committee, which awards the Nobel Peace Prize, said Thursday that Ethiopian Prime Minister...

Published 13 Jan, 2022 04:55pm

Opinion

Armed with drones, Turkey explores African arms sales

Armed with battle-tested drones, Turkish President Recep Tayyip Erdogan has been deepening defence ties with African...

Published 16 Dec, 2021 04:00am

World

Blinken calls for speedy negotiations over Ethiopia military escalation

NAIROBI: US Secretary of State Antony Blinken is greatly concerned about Ethiopia's military escalation and called...

Published 27 Nov, 2021 11:35am

World

Ethiopia's Abiy: From peace laureate to wartime ruler

ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed came to power vowing sweeping reforms that earned him a Nobel Peace...

Published 04 Oct, 2021 09:19am

World

Tigray rebels take control of UNESCO site Lalibela

ADDIS ABABA: Rebels from Ethiopia's war-hit Tigray region on Thursday seized Lalibela, a UNESCO World Heritage Site...

Published 06 Aug, 2021 04:18am

World

Ethiopia resumes filling Nile mega-dam reservoir

CAIRO: Ethiopia has started the second phase of filling the reservoir of its mega-dam on the upper Blue Nile, Egypt...

Published 07 Jul, 2021 04:28am

World

Ethiopia rights commission says no 'massive' abuses during poll

ADDIS ABABA: The Ethiopian Human Rights Commission said Saturday that while there was some violence recorded during...

Published 27 Jun, 2021 03:56am

World

Ethiopians vote in poll overshadowed by Tigray

Observers have pointed out that logistical support usually comes from the military, which is largely tied up Tigray, leaving organisers short on manpower.

Published 21 Jun, 2021 09:44am

World

Covid, conflict and debt hinder Ethiopia's economic reforms

There are signs foreign investors remain upbeat.

Published 16 Jun, 2021 11:22am

World

Ethiopia grants telecoms licence to Safaricom-led consortium

ADDIS ABABA: Ethiopia has granted an operating licence to a consortium of firms including Kenya’s Safaricom,...

Updated 23 May, 2021 05:15pm

World

Situation in Ethiopia’s Tigray ‘horrific’: WHO

GENEVA: Ethiopia’s conflict-hit Tigray region is facing a horrifying situation with people dying of hunger, health...

Updated 18 May, 2021 09:36am

World

Ethiopia postpones landmark polls

ADDIS ABABA: The head of Ethiopia's election board said Saturday it would be impossible to hold parliamentary...

Published 16 May, 2021 04:26am

World

Ethiopia postpones June 5 parliamentary elections

Prime Minister Abiy Ahmed and his Prosperity Party face challenges from increasingly strident ethnically-based parties seeking more power for their regions.
"We will let everybody (know) soon as to how many additional weeks/days to complete the delayed tasks ... Wouldn't be more than 3 weeks," she added.

Published 15 May, 2021 07:12pm

World

Troubles pile up ahead of Ethiopia's first polls under Abiy

"There is a broad acknowledgement that these elections won't be perfect, to say the least -- that there will be shortcomings, there will be grounds for criticism and for a lot of improvement," a Western diplomat said.

Published 05 May, 2021 11:44am

World

Eritrea says troops in Ethiopia's Tigray, vows pullout

Abiy finally acknowledged the Eritreans' presence in March while speaking to lawmakers, and vowed soon after that they would leave.

Published 17 Apr, 2021 03:54pm

World

'We don't want war' with Sudan: Ethiopian PM Abiy

A string of deadly clashes followed, with both sides trading accusations of violence and territorial violations.

Published 23 Mar, 2021 05:37pm

World

15 UN peacekeepers from Tigray refuse to return to Ethiopia

"They are receiving support from the South Sudanese Ministry of Refugee Affairs," Dujarric continued, and the UN High Commissioner for Refugees (UNHCR) is "aware" of the situation and in contact with South Sudanese authorities.

Published 23 Feb, 2021 10:14am

World

UN worries about humanitarian situation in Tigray ahead of Security Council meeting

Grandi, the UNHCR head, visited Ethiopia, including the Mai Aini refugee camp, over the weekend for the first time since the conflict began in November. The camp is one of two camps in southern Tigray the UN has been able to access.

Published 03 Feb, 2021 10:09am

World

Ethiopia's Tigray conflict revives bitter disputes over land

But the impromptu parade this month in Alamata, a farming town in southern Tigray flanked by low, rolling mountains, was unrelated to any kind of battlefield victory.

Published 06 Jan, 2021 09:41am

World

Ethiopia's Tigray conflict revives bitter disputes over land

Hailay told AFP he's afraid even to speak in Tigrinya, the Tigrayan language, for fear of reprisals from Amhara officials and security forces.

Published 30 Dec, 2020 11:34am

World

Death toll from attack in western Ethiopia reaches 222, Red Cross says

Prime Minister Abiy Ahmed called the attack a “massacre” and deployed federal troops there the next day.
- The military killed 42 armed men accused of attacking the village.

Published 26 Dec, 2020 09:41am

World

Ethiopia sets national election for June 5, 2021

Ethiopia has a federal system comprising 10 regions with freedom to set some taxes, run security forces and pass laws.
Prime Minister Abiy Ahmed is facing outbreaks of deadly violence in several regions, including a conflict in the northern Tigray region.

Published 25 Dec, 2020 05:16pm

World

Ethiopia's Abiy says has Tigray leaders in his sights

A communications blackout in Tigray has made it difficult to verify claims from both sides about how the fighting is going.

Published 30 Nov, 2020 05:32pm

World

Rockets target Eritrea capital after Ethiopia declares victory in Tigray

Abiy also said his government would focus on rebuilding Tigray and providing humanitarian assistance to the population of six million.

Updated 29 Nov, 2020 06:42pm

PM Abiy meets AU envoys for talks on Ethiopia conflict

Abiy ordered the military into Tigray after alleged attacks by TPLF forces on federal army camps in the region.

Published 27 Nov, 2020 08:06pm

World

Ethiopia PM orders final offensive against dissident Tigray leaders

The ultimatum was rejected by the leaders of the region, whose forces have been fighting federal troops in the country's north for three weeks, displacing over 40,000 people and killing hundreds.

Published 26 Nov, 2020 04:56pm

World

Calls to protect civilians in Ethiopia as decisive battle looms

The government said Tuesday that "a large number of Tigray militia and special forces are surrendering" following the issuance of Abiy's 72-hour ultimatum.

Published 24 Nov, 2020 04:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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Abiy Ahmed

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