Enkutatash is the name for the Ethiopian New Year, and means “gift of jewels” in the Amharic language. The story goes back almost 3,000 years to the Queen of Sheba of ancient Ethiopia and Yemen who was returning from a trip to visit King Solomon of Israel in Jerusalem, as mentioned in the Bible in I Kings 10 and II Chronicles 9. She had gifted Solomon with 120 talents of gold (4.5 tons) as well as a large amount of unique spices and jewels. When the Queen returned to Ethiopia her chiefs welcomed her with enku or jewels to replenish her treasury.

https://www.rastafari.tv/enkutatash-the-history-of-ethiopian-new-year-sept-11/