Doing Business

imported 2024-03-17 17:43:06

Marble industry is a very profitable business in Ethiopia, says MOAB Plc

Abeba Tesfaye, Managing Directress of MOAB Plc, GIRUM Food Complex
MOAB Plc and Girum Food Complex want to diversify their local production and include production of other nutritious foods like supplemental foods for children, lactating mothers and rehab patients, all to substitute for imports. MOAB is also present in the marble industry in Ethiopia. To develop its marble project, the company is looking for international partners with experience and technology required for the marble processing.

$25 Billion Spent on Development of Erbil Governorate Between 2004-2012

$25 billion had been spent on the development of the Erbil governorate in between 2004 and 2012, resulting in profound changes in different sectors, including construction and infrastructure, which predisposed Erbil to become an important trade center not only for Iraqi Kurdistan but for all of Iraq; thus becoming, for some, the economic capital of Iraq. Accommodating 37 nationalities and 27 consulates, Erbil boasts with an unemployment rate of about 5% and was named the tourism capital of 2014.

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