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Mohammed Hussein Al Amoudi

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186: 66: 25: 607:, and grain production. In March 2011, Saudi Star announced a further investment of $ 2.5 billion in Ethiopian rice projects. Some 10,000 hectares have been taken up in 60-year leases and the company plans to rent an additional 290,000 hectares. The company had reportedly purchased $ 80 million in equipment from 766:
case of 2005. M. Brisard had made serious and unwarranted allegations concerning engagement in the funding of terrorism in the wake of 9/11 but had subsequently apologised for the accusation. The judge found the statements to be untrue and stated that Al Amoudi "is implacably opposed to terrorism in
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at approximately $ 10.billion and a relative fall in net value was linked to the global fall in oil and gold prices at the time of estimation. He was also listed as Ethiopia's richest man, the second richest Saudi Arabian citizen in the world and the second richest person of African descent in the
827:, Al Amoudi splits his residence between central London, Surrey and Saudi Arabia. He is married to Sofia Saleh Al Amoudi who is a Saudi citizen and shareholder of MIDROC Construction. They have eight children. In July 2024, Al Amoudi announced return to Ethiopia after his departure in 2017, with 586:
Midroc which was founded in 2008. His major cement plant near Chancho was backed in part by the World Bank's International Finance Corporation. In July 2011, it was announced that the Ethiopian Electric Power Company (EEPco) would provide the Derba cement plant with 50 MW of electricity.
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interests in Ethiopia and it is reported that MIDROC Gold Mine (a subsidiary of MIDROC Ethiopia) has paid the Ethiopian government 100.1 million birr in royalties, the largest contribution of any mining company. Midroc Gold is Ethiopia's sole gold exporter. Its
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of Ethiopia stated that “a substantial investment in agricultural development was key to improving the quality of life across Africa” and that Saudi Star's investment programme would benefit both Ethiopia and its important trading partner, Saudi Arabia.
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of Ethiopia, it has only covered 1,010 hectares with coffee and shade trees, with the rest remaining as natural vegetation. In 2011, he donated 10 million birr (US$ 500k) to the proposed Ethiopian National Coffee Museum in Ethiopia's Kaffa Zone.
1379: 575:. 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 1.2m tonnes to 3.1m tonnes per annum between 2011 and 2014. 1765: 713:, Africa's oldest football cup competition, in 2005 and 2006, the tournament was named the Al Amoudi Senior Challenge Cup as a result in those years. He also supports Ethiopian Premier League Club 1196: 464:
Al Amoudi owns a broad portfolio of businesses in construction, energy, agriculture, mining, hotels, healthcare and manufacturing amongst others. His businesses are largely to be found within two
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Al Amoudi was honoured for his achievements in economics and philanthropy at the 19th Arab Economic Forum Summit in 2011, with special reference to his commitment to sustainable development.
486:, also known as MIDROC, won a contract to build Saudi Arabia's estimated $ 30 billion nationwide underground oil storage complex in 1988. MIDROC acquired Yanbu Steel in Saudi Arabia in 2000. 1602: 1170: 519:
and, in September 2011, it was announced that he planned to invest around US$ 1.07bn (4bn Saudi Riyals) in two major Saudi industrial projects (phosphate derivatives and sulfur) in
564: 1426: 729:. In January 2017, The Sheikh Mohammed Hussein Ali Al-Amoudi Stadium was opened. The Stadium reportedly cost more than $ 22 million, and took four and a half years to complete. 511:
He has recently pledged US$ 275 million alongside other Saudi and South Korean investors through MIDROC to finance a factory to build Saudi Arabia's first car, to be called
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Yemeni origin and an Ethiopian mother. He grew up in Ethiopia, before emigrating to Saudi Arabia with his brother Mauricet and becoming a Saudi citizen.
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On 4 November 2017, Mohammed Hussein Al Amoudi was arrested upon the orders of Crown Prince Mohammad Bin Salman (MBS) and held captive in
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in North West Ethiopia which will triple the country's hydro-electric power, Al Amoudi pledged a donation of 1.5bn birr (around US$ 88m).
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tried to secure his release, but was unsuccessful. Finally, he was released on January 27, 2019 after 14 months of detention.
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in a "corruption crackdown" conducted by Mohammed Bin Salman's "royal anti-corruption" committee. Ethiopian Prime Minister
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Al Amoudi has committed funds to support healthcare and sport in Saudi Arabia, the US, Europe and Africa. He funded a
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Al Amoudi has invested in Ethiopia since the mid-1980s. He now has business interests there, largely operated through
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in Sweden and Morocco. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden.
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had also repeated unwarranted material relating to his family and to matters previously dealt with in the
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and five other companies in the national petrol market and is establishing a steel plant (Tossa) in
2150: 651: 79: 1376:"Ethiopia's Challenge: Balancing Agriculture with Environmental Protection | NewBusinessEthiopia" 790: 626:. Of the 2,295 hectares (5,670 acres) of land acquired by Ethio Agri-CEFT (which he owns) in the 392: 386: 83: 2115: 786: 524: 465: 755:. In July 2011 Kifle was ordered to pay £175,000 in damages for publishing false information. 738: 684: 1478: 2110: 688: 516: 2013: 8: 1607: 828: 615: 501:) and is engaged in energy exploration and production off West Africa and elsewhere. His 479:, both which he owns and manages. He employs over 70,000 people through these companies. 1648: 1023:"Midroc to Get 55% of Saudi Car Plant for $ 275 Million, SPA Says - Bloomberg Business" 782: 687:
research chair. He also fully funded the King Abdullah Institute for Nanotechnology at
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Donors, according to information released as part of an obligation placed on former
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and covered the medical expenses of one of Ethiopia's most celebrated footballers,
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In addition to his business interests in Ethiopia, he also owns oil refineries in
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It may require cleanup to comply with Knowledge's content policies, particularly
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In February 2011, Al Amoudi acquired 69% of Ethiopia's sole tyre manufacturer
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which was created in 1994. In 2011, it made 1.4bn birr (US$ 70m) of profits.
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has a yearly average production of around 4,500 kg of gold and silver.
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Stancati, Margherita; Said, Summer; Farrell, Maureen (5 November 2017).
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since 2006, being ranking 82nd on the list in 2015. He was awarded an
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up to 500,000 hectares (1,200,000 acres) of Ethiopian land for sugar,
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Mohammed International Development Research and Organization Companies
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and he has a substantial investment in cement production through
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In September 2011, in response to an appeal from Prime Minister
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The land grabbers : the new fight over who owns the Earth
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from the article and its talk page, especially if potentially
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In December 2010 Al Amoudi initiated a claim in the English
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Al Amoudi was born in the north-central Ethiopian city of
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Al Amoudi has been ranked among the 100 richest people by
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with his brother Mauricet and becoming a Saudi citizen.
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world. Al Amoudi made his fortune in construction and
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A major contributor to this article appears to have a
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In 2008, Al Amoudi funded King Saud University's an
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Ethiopian-Saudi billionaire businessman (born 1946)
1943: 1941: 997:"KSU mobilizes $ 500 million for new car company" 508:is said to be among the finest hotels in Africa. 2102: 1220: 1218: 1949:"Ethiopian billionaire wins libel action in UK" 1524:Kalin, Stephen; Paul, Katie (5 November 2017). 874: 1938: 1892: 1846: 1869: 1798:. PolitiFact.com. 7 July 2016. Archived from 1215: 638:for popular support for the financing of the 482:Al Amoudi's construction company consortium, 278: 1989:"Yemen : Moving Forward With Optimism" 1641: 272: 53:Learn how and when to remove these messages 430:and Ethiopian mother from the province of 97:about living persons that is unsourced or 2161:Saudi Arabian people of Ethiopian descent 1642:Kirkpatrick, David D. (4 November 2017). 1523: 770: 426:Born in Ethiopia to a Yemeni father from 243:Learn how and when to remove this message 225:Learn how and when to remove this message 168:Learn how and when to remove this message 2036:"Mohammed Hussein Ali Al Amoudi Profile" 1080:. Boston: Beacon Press. pp. 12–20. 851: 849: 847: 845: 843: 530: 441:In 2016, his net worth was estimated by 1914: 1912: 645: 397:question marks, boxes, or other symbols 2166:Saudi Arabian people of Yemeni descent 2103: 1553:"Corruption crackdown in Saudi Arabia" 1325: 1258:"Derba Midroc Wants 50 MW for Factory" 1075: 459: 1579: 880: 840: 812:and brought up in the nearby town of 732: 1909: 1580:David, Javier E. (5 November 2017). 1287:"Official Web Site: Saudi Star Page" 857:"Forbes profile: Mohammed Al Amoudi" 542: 179: 59: 18: 1918: 1847:Markos Berhanu (29 November 2010). 1701:"Sheikh Mohammed Hussein Al Amoudi" 1429:. 27 September 2011. Archived from 597:Saudi Star Agricultural Development 412: 279: 13: 2156:Ethiopian people of Yemeni descent 1824:. 9 September 2010. Archived from 999:. 30 December 2010. Archived from 694:Al Amoudi was named as one of the 14: 2177: 2089: 1893:Markos Berhanu (4 January 2011). 1870:Solomon Amare (8 December 2010). 1378:. 16 October 2011. Archived from 1326:McLure, Jason (12 October 2009). 1121:. Bloomberg.com. 12 November 2010 1025:. Bloomberg.com. 29 December 2010 881:Nsehe, Mfonobong (5 March 2013). 725:for a stadium and access road in 34:This article has multiple issues. 803: 499:Svenska Petroleum Exploration AB 205:. Please discuss further on the 184: 64: 23: 2068: 2042: 2028: 2006: 1981: 1959: 1886: 1863: 1840: 1814: 1788: 1758: 1741: 1715: 1693: 1635: 1594: 1573: 1545: 1517: 1499: 1471: 1445: 1419: 1394: 1368: 1352:. 2 August 2011. Archived from 1342: 1319: 1303:. Saudi Gazette. Archived from 1293: 1250: 1228: 1189: 1163: 1153: 1143: 1133: 1111: 1094: 1069: 1047: 789:and has been honoured with the 667: 42:or discuss these issues on the 2052:. 28 July 2013. Archived from 1725:. 16 June 2012. Archived from 1037: 1015: 989: 963: 946: 924: 902: 745:of the Washington, D.C.-based 590: 405:Mohammed Hussein Ali Al Amoudi 1: 2016:. Midroc-ceo.com. 3 June 2011 1681:. Sheikhmohammedalamoudi.info 1260:. 21 May 2011. Archived from 912:. Sheikhmohammedalamoudi.info 883:"The Black Billionaires 2013" 834: 816:. He was born to a father of 696:William J. Clinton Foundation 2126:Saudi Arabian businesspeople 1238:. Bloomberg.com. 20 May 2011 515:, in a project initiated by 452:before branching out to buy 117:"Mohammed Hussein Al Amoudi" 75:biography of a living person 7: 1969:. Out-law.com. 15 June 2006 624:land used to produce coffee 290:1946 (age 77–78) 274:Muhammad Husseen Al Amuudii 102:must be removed immediately 10: 2182: 2136:Saudi Arabian billionaires 1402:"Walta Information Center" 934:. Bus-ex.com. 6 April 2011 649: 614:In August 2011, President 266:Mohammed Hussein Al Amoudi 678:King Abdulaziz University 473:Corral Petroleum Holdings 471:and operating companies, 423:billionaire businessman. 372: 364: 355:Corral Petroleum Holdings 349: 329: 308: 286: 271: 259: 2131:Ethiopian businesspeople 709:Al Amoudi sponsored the 652:2017 Saudi Arabian purge 1105:13 January 2012 at the 791:Order of the Polar Star 2141:Ethiopian billionaires 787:Addis Ababa University 771:Honors and recognition 563:, which competes with 525:Jubail Industrial City 385:This article contains 273: 89:Please help by adding 2146:Saudi Arabian Muslims 1752:23 March 2012 at the 1723:"Arab News Newspaper" 1076:Pearce, Fred (2012). 751:claiming damages for 685:enhanced oil recovery 561:National Oil Ethiopia 531:Ethiopian investments 413:محمد حسين علي العمودي 368:Sofia Saleh Al Amoudi 353:Owner and manager of 203:neutral point of view 1703:. Economist Insights 1433:on 27 September 2011 971:"Mohammed Al Amoudi" 957:14 June 2012 at the 795:King Carl XVI Gustaf 764:Al Amoudi v. Brisard 689:King Saud University 646:Arrest and captivity 622:Al Amoudi also owns 595:The Al Amoudi-owned 517:King Saud University 95:Contentious material 1994:. Summitreports.com 1828:on 9 September 2010 1776:on 10 February 2013 1608:Wall Street Journal 1203:on 11 February 2011 1003:on 30 December 2010 829:Rolls-Royce Spectre 676:research centre at 616:Girma Wolde-Giorgis 460:Business activities 415:; born 1946) is an 2121:People from Jeddah 1649:The New York Times 1623:on 5 November 2017 1382:on 16 October 2011 1177:on 3 November 2011 783:honorary doctorate 733:Defamation actions 702:when he supported 387:special characters 1919:Berhanu, Markos. 1561:. 6 November 2017 1511:www.aljazeera.com 1487:. 5 November 2017 1459:. 5 November 2017 1406:www.waltainfo.com 1307:on 3 October 2015 823:According to the 715:Saint George S.C. 700:President Clinton 543:Natural resources 434:, he migrated to 393:rendering support 380: 379: 280:محمد حسين العمودي 253: 252: 245: 235: 234: 227: 198:with its subject. 178: 177: 170: 152: 78:needs additional 57: 2173: 2096:Official website 2084: 2083: 2072: 2066: 2065: 2063: 2061: 2046: 2040: 2039: 2032: 2026: 2025: 2023: 2021: 2010: 2004: 2003: 2001: 1999: 1993: 1985: 1979: 1978: 1976: 1974: 1963: 1957: 1956: 1945: 1936: 1935: 1933: 1931: 1916: 1907: 1906: 1904: 1902: 1890: 1884: 1883: 1881: 1879: 1867: 1861: 1860: 1858: 1856: 1844: 1838: 1837: 1835: 1833: 1818: 1812: 1811: 1809: 1807: 1792: 1786: 1785: 1783: 1781: 1772:. 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"Mohammed Hussein Al Amoudi"
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Sheikh
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