Dehai News

Dahabshiil long banner 728x90
Eritrea for mobile viewing

(FBC) Ethiopia, UAE agree to build oil pipeline linking Eritrea’s port city of Assab with Addis Ababa

Posted by: Semere Asmelash

Date: Friday, 10 August 2018

Ethiopia, UAE agree to build oil pipeline linking Eritrea’s port city of Assab with Addis Ababa

Ethiopia, UAE agree to build oil pipeline linking Eritrea’s port city of Assab with Addis Ababa

Addis Ababa, August 10, 2018 (FBC) – Ethiopia and the United Arab Emirates (UAE) have agreed to build an oil pipeline linking Eritrea’s port city of Assab with Addis Ababa.


This was revealed today during a meeting between Prime Minister Dr Abiy Ahmed and Reem Al Hashimy, UAE’s Minister of State for International Cooperation.

During the meeting, the two sides also discussed ways to implement previously concluded investment agreements, which among others, include development of real estate and resorts. 

The two countries also agreed to conduct a study to build an oil pipeline linking the port of Assab with Ethiopia.

After the discussion, Reem Al Hashimy told Fana Broadcasting Corporation (FBC) that the UAE is keen to exploit the investment opportunities available in Ethiopia.

The peace deal reached between Ethiopia and Eritrea is a good opportunity for the UAE to invest in Ethiopia, she added.


Ethiopia, UAE agree to build oil pipeline linking Eritrea’s port city of Assab with Addis Ababa


Dm eri tv subscribe

ERi-TV, Eritrea: Hamid Idris Awate's story - book released at Festival Eritrea Expo

Hamid idris awate book release

Hdri Media Books on Amazon.com
visit hdrimedia.com