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
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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
447:
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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551:
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
618:
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.
630:
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.
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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
800:
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.
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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
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.
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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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79:
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564:
1427:"Ethiopia: Al-Amoudi pledges 1.5 Billion Br. for Renaissance dam » Ethiopian News - Everything that Happens!"
706:'s nomination as Secretary of State. He is reported to have donated between US$ 5m and US$ 10m to the foundation.
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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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1895:"Ethiopia Football: Sheikh Al Amoudi donates 100 million birr for Mekelle Stadium & road project"
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and five other companies in the national petrol market and is establishing a steel plant (Tossa) in
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1376:"Ethiopia's Challenge: Balancing Agriculture with Environmental Protection | NewBusinessEthiopia"
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626:. Of the 2,295 hectares (5,670 acres) of land acquired by Ethio Agri-CEFT (which he owns) in the
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755:. In July 2011 Kifle was ordered to pay £175,000 in damages for publishing false information.
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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.
1023:"Midroc to Get 55% of Saudi Car Plant for $ 275 Million, SPA Says - Bloomberg Business"
722:
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research chair. He also fully funded the King Abdullah Institute for Nanotechnology at
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It may require cleanup to comply with Knowledge (XXG)'s content policies, particularly
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1236:"Ethiopian Cement Plants to Double Capacity Amid Building Boom - Bloomberg Business"
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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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657:
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520:
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2014:"Saudi Investor Honored At Economic Forum | MIDROC Ethiopia Technology Group"
1350:"Ethiopia pledges to work closely with the Kingdom in manpower sector - Arab News"
489:
In addition to his business interests in Ethiopia, he also owns oil refineries in
2076:"Mohammed Al-Amoudi to Return to Ethiopia with Grand Rolls-Royce Spectre Welcome"
2053:
1825:
1526:"Future Saudi king tightens grip on power with arrests including Prince Alwaleed"
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1119:"Ethiopia Aiming to License 50 Mineral Projects Every Year - Bloomberg Business"
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1988:
1582:"Billionaire Saudi Prince Alwaleed Bin Talal arrested in corruption crackdown"
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In February 2011, Al Amoudi acquired 69% of Ethiopia's sole tyre manufacturer
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1872:"Ethiopia Football: Legendary Player & Coach Mengistu Worku returns home"
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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.
320:
1766:"1st nanotechnology institute to be launched on 11-11-11Healthcare - Zawya"
1678:
1644:"Saudi Arabia Arrests 11 Princes, Including Billionaire Alwaleed bin Talal"
1453:"Factbox: Saudi Arabia detains princes, ministers in anti-corruption probe"
1603:"Saudi Princes, Former Ministers Arrested in Apparent Power Consolidation"
2095:
1948:
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1601:
Stancati, Margherita; Said, Summer; Farrell, Maureen (5 November 2017).
1679:"Official Web Site - Sheikh Al Amoudi | Authorized & Official"
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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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1849:"Ethiopia Football: Can Giuseppe Dossena end Saint George's Misery?"
1966:
1921:"Sheikh Mohammed Al-Amoudi Stadium to be Inaugurated on January 14"
1479:"Saudi Arabia arrests 11 princes, 38 ministers in corruption probe"
752:
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and he has a substantial investment in cement production through
1822:"allAfrica.com: Rwanda: Challenge Cup Preps on Course - Musonye"
1586:
634:
In September 2011, in response to an appeal from Prime Minister
1328:"Saudi Billionaire Invests in Ethiopian Farms, Fortune Reports"
1078:
The land grabbers : the new fight over who owns the Earth
179:
104:
from the article and its talk page, especially if potentially
59:
18:
1301:"Al-Amoudi to invest $ 2.5b in Ethiopia farm | Business"
737:
In December 2010 Al Amoudi initiated a claim in the English
1197:"Al-Amoudi's Horizon Acquires Matador-ATC's 69pc for $ 18m"
1281:
1279:
910:"Home - Sheikh Al Amoudi | Authorized & Official"
808:
Al Amoudi was born in the north-central Ethiopian city of
775:
Al Amoudi has been ranked among the 100 richest people by
1171:"Bidding for 1.3m tones Steel Factory Sees Nine Interest"
932:"Yanbu Steel Company | Business Excellence Magazine"
438:
with his brother Mauricet and becoming a Saudi citizen.
448:
world. Al Amoudi made his fortune in construction and
194:
A major contributor to this article appears to have a
1507:"Saudi Arabia princes detained, ministers dismissed"
1055:"Ethiopia Earns $ 71.1 Million From Leather Exports"
683:
In 2008, Al Amoudi funded King Saud University's an
2050:"allAfrica.com: Ethiopia: Midroc Replaces Shimeles"
1967:"Count the readers before suing for internet libel"
1796:"Fact-checking donations to the Clinton foundation"
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Ethiopian-Saudi billionaire businessman (born 1946)
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997:"KSU mobilizes $ 500 million for new car company"
508:is said to be among the finest hotels in Africa.
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1949:"Ethiopian billionaire wins libel action in UK"
1524:Kalin, Stephen; Paul, Katie (5 November 2017).
1798:. PolitiFact.com. 7 July 2016. Archived from
638:for popular support for the financing of the
482:Al Amoudi's construction company consortium,
8:
278:
1989:"Yemen : Moving Forward With Optimism"
272:
53:Learn how and when to remove these messages
430:and Ethiopian mother from the province of
256:
97:about living persons that is unsourced or
2161:Saudi Arabian people of Ethiopian descent
1642:Kirkpatrick, David D. (4 November 2017).
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:
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441:In 2016, his net worth was estimated by
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397:question marks, boxes, or other symbols
2166:Saudi Arabian people of Yemeni descent
1553:"Corruption crackdown in Saudi Arabia"
1258:"Derba Midroc Wants 50 MW for Factory"
812:and brought up in the nearby town of
7:
1580:David, Javier E. (5 November 2017).
1287:"Official Web Site: Saudi Star Page"
857:"Forbes profile: Mohammed Al Amoudi"
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:
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:
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.
499:Svenska Petroleum Exploration AB
205:. Please discuss further on the
184:
64:
23:
1352:. 2 August 2011. Archived from
1303:. Saudi Gazette. Archived from
789:and has been honoured with the
42:or discuss these issues on the
2052:. 28 July 2013. Archived from
1725:. 16 June 2012. Archived from
745:of the Washington, D.C.-based
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"
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
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
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.
355:Corral Petroleum Holdings
271:
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:
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198:with its subject.
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78:needs additional
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1772:. Archived from
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1356:on 2 August 2011
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1199:. Archived from
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1173:. Archived from
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977:. 1 January 1970
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767:all its forms”.
760:Ethiopian Review
748:Ethiopian Review
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302:Ethiopian Empire
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2151:Hadhrami people
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2056:on 28 July 2013
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1955:. 29 July 2011.
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640:Renaissance Dam
609:Caterpillar Inc
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559:He owns 70% of
554:Lega Dembi Mine
545:
537:MIDROC Ethiopia
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1925:Ethiosports
1330:. Bloomberg
866:16 February
797:of Sweden.
743:Elias Kifle
591:Agriculture
549:gold mining
503:Addis Ababa
450:real estate
342:billionaire
336:Businessman
330:Occupations
309:Nationality
158:August 2015
2105:Categories
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1537:7 November
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835:References
739:High Court
711:CECAFA Cup
628:Sheka Zone
605:edible oil
580:Addis Tyre
428:Hadhramaut
128:newspapers
39:improve it
2020:12 August
1998:12 August
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1750:Archived
1103:Archived
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818:Hadhrami
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106:libelous
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861:Forbes
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444:Forbes
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