Ethiopian Airlines wins Aviation 100 award

Ali Mohammed, Ethiopian Airlines area manager Gulf, receives the award.
Updated 09 October 2018

Ethiopian Airlines wins Aviation 100 award

Ethiopian Airlines, the largest aviation group in Africa and Skytrax-certified four-star global airline, has won the Aviation 100 “Africa Lease Deal of the Year 2018” award by Airline Economics Magazine during the Airline Economics Growth Frontiers Dubai 2018 conference gala dinner.

The Aviation 100 awards recognize aviation’s most outstanding performers, as well as the most innovative and successful finance and leasing deals closed in the last 12 months. Winners of the Aviation 100 awards are decided by an industry-wide survey, a rigorous vetting process and editorial consideration.

Ethiopian Airlines Group CEO Tewolde Gebremariam said: “We are happy to receive this award from Airline Economics. It’s for the first time that the Japanese financing system, JOLCO, financed an aircraft deal with an African airline. JOLCO availed financing for our A350 aircraft. The deal shows the strong confidence of reputed global financiers in Ethiopian balance sheet and business plan.”


Malabar: Starlet Tamannaah opens new gold outlet in India

Updated 20 August 2019

Malabar: Starlet Tamannaah opens new gold outlet in India

Global jewelry retailer Malabar Gold & Diamonds launched its new showroom at Bannerghatta Road in Bengaluru on Aug. 16 — 26th in the state of Karnataka, India.

Indian film actress and Malabar Group’s brand ambassador Tamannaah Bhatia inaugurated the showroom in the presence of Chairman M.P. Ahammed, Managing Director (India Operations) Asher O, management team members of the group along with customers, media persons and guests. 

The showroom has an extensive collection of traditional and modern designs in tune with the taste of jewelry lovers. The group offers exquisite and beautiful jewelry — Ethnix — Handcrafted Designer Jewelry; Era — Uncut Diamond Jewelry; Mine — Diamonds Unlimited, Divine — Indian Heritage Jewelry, Precia — Gem Jewelry; and Starlet — Kids Jewelry. 

Malabar Gold & Diamonds has a product range that caters to tastes of all age group.

“We are thankful for the trust reposed by the customers. We are further expanding in the state of Karnataka in the days to come. We are committed to ensuring value for money to the customers by providing with high-quality products, new technology and through sincere trade,” said Ahammed.

Malabar Gold & Diamonds offers life-long maintenance service, one-year free insurance, zero deduction for gold exchange and buyback guarantee for all jewelry. 

The group has a retail network of 250 outlets spread across 10 countries.