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Abiy Ahmed

Ethiopian PM’s party secures win in national election

Published 22 Jun, 2026 05:36am

ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed’s Prosperity Party (PP) won a landslide victory in legislative...

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

Published 05 Jul, 2024 03:17am

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

Nobody dying from hunger in Ethiopia, says PM

Published 07 Feb, 2024 05:30am

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

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

Published 15 Mar, 2023 12:13pm

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

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

Published 13 Jan, 2022 04:55pm

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

Armed with drones, Turkey explores African arms sales

Published 16 Dec, 2021 04:00am

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

Blinken calls for speedy negotiations over Ethiopia military escalation

Published 27 Nov, 2021 11:35am

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

Ethiopia's Abiy: From peace laureate to wartime ruler

Published 04 Oct, 2021 09:19am

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

Tigray rebels take control of UNESCO site Lalibela

Published 06 Aug, 2021 04:18am

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

Ethiopia resumes filling Nile mega-dam reservoir

Published 07 Jul, 2021 04:28am

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

Ethiopia rights commission says no 'massive' abuses during poll

Published 27 Jun, 2021 03:56am

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

Ethiopians vote in poll overshadowed by Tigray

Published 21 Jun, 2021 09:44am

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

Covid, conflict and debt hinder Ethiopia's economic reforms

Published 16 Jun, 2021 11:22am

There are signs foreign investors remain upbeat.

Ethiopia grants telecoms licence to Safaricom-led consortium

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.

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

Published 05 May, 2021 11:44am

"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.

Eritrea says troops in Ethiopia's Tigray, vows pullout

Published 17 Apr, 2021 03:54pm

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

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

Published 23 Mar, 2021 05:37pm

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

15 UN peacekeepers from Tigray refuse to return to Ethiopia

Published 23 Feb, 2021 10:14am

"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.

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

Published 03 Feb, 2021 10:09am

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.

Ethiopia's Tigray conflict revives bitter disputes over land

Published 06 Jan, 2021 09:41am

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.

Ethiopia's Tigray conflict revives bitter disputes over land

Published 30 Dec, 2020 11:34am

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

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

Published 26 Dec, 2020 09:41am

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.

Ethiopia sets national election for June 5, 2021

Published 25 Dec, 2020 05:16pm

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.

Ethiopia's Abiy says has Tigray leaders in his sights

Published 30 Nov, 2020 05:32pm

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

Rockets target Eritrea capital after Ethiopia declares victory in Tigray

Updated 29 Nov, 2020 06:42pm

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

PM Abiy meets AU envoys for talks on Ethiopia conflict

Published 27 Nov, 2020 08:06pm

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

Ethiopia PM orders final offensive against dissident Tigray leaders

Published 26 Nov, 2020 04:56pm

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.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Abiy Ahmed

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