Al amoudi ethiopia biography template download

For a brief biography of Sheikh Mohammed Hussein Al Amoudi, and some of his investment activities in Ethiopia, as well as his contributions in the field of sports, please follow the link .

Born in Ethiopia to a Yemeni father from Hadhramaut and Ethiopian mother from the province of Amhara Region , he migrated to Saudi Arabia with his brother Mauricet and became a Saudi citizen. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden. Al Amoudi owns a broad portfolio of businesses in construction, energy, agriculture, mining, hotels, healthcare and manufacturing amongst others.

He employs over 70, people through these companies. In addition to his business interests in Ethiopia, he also owns oil refineries in Morocco and Sweden Svenska Petroleum Exploration AB and is engaged in energy exploration and production off West Africa and elsewhere. Al Amoudi has invested in Ethiopia since the mids. In , it made 1.

Its Lega Dembi Mine has a yearly average production of around 4, kg of gold and silver.

Mohammed Hussein Al Amoudi is an Ethiopian-Saudi billionaire businessman with significant investments across multiple sectors, including construction and energy.

This latter is Ethiopia's first industrial steel production plant and in intended to meet a major increase in domestic demand, estimated to rise from 1. The Al Amoudi-owned Saudi Star Agricultural Development Plc plans to develop up to , hectares 1,, acres of Ethiopian land for sugar, edible oil , and grain production. Al Amoudi also owns land used to produce coffee.

Of the 2, hectares 5, acres of land acquired by Ethio Agri-CEFT which he owns in the Sheka Zone of Ethiopia, it has only covered 1, hectares with coffee and shade trees, with the rest remaining as natural vegetation. In September , in response to an appeal from Prime Minister Meles Zenawi for popular support for the financing of the Renaissance Dam in North West Ethiopia which will triple the country's hydro-electric power, Al Amoudi pledged a donation of 1.

On 4 November , Al Amoudi was arrested upon the orders of Crown Prince Mohammad bin Salman and held captive in Saudi Arabia in a "corruption crackdown" conducted by Mohammed bin Salman's "royal anti-corruption" committee. Finally, he was released on 27 January after 14 months of detention.