He was born and brought up in Ethiopia, before emigrating to Saudi Arabia. The Ethiopian government is forcibly displacing indigenous pastoral communities in Ethiopia’s Lower Omo valley without adequate consultation or compensation to make way for state-run sugar plantations, Human Rights Watch said in a … His father, a local businessman, Haji Hussein Al Amoudi was Yemeni and his mother, Weyzero Rakiya Mohammed Yassin, Ethiopian. 10 MIDROC Newsletter Special Issue # 45 March 2013 Addis Ababa, Ethiopia Pihak berwenang Saudi telah menangkap Mohammed Hussein al-Amoudi yang mempunyai dua kewarganegaraan, Arab Saudi dan Ethiopia. His father, a local businessman, Haji Hussein Al Amoudi was Yemeni and his mother, Weyzero Rakiya Mohammed Yassin, Ethiopian. Al-Amoudi, who is also known as "the Sheikh", has invested in almost every sector of Ethiopia's economy, including hotels, agriculture and astrology. AL AMOUDI BEVERAGE INDUSTRIES COMPANY is located in Jeddah, Saudi Arabia and is part of the Nonalcoholic Beverage Manufacturing Industry. "Investments outside Saudi Arabia that are owned by the Sheikh have not been yet affected by these changes," said Tim Pendry, Al-Amoudi's spokesman in the UK. His son and heir is Abdul Rahman Al Amoudi. The 69-year-old is close to the Saudi royal family. born July 21, 1946 from his mother Rakiya Mohammed Yassin (Wollo) and his father Haji Hussein Al-Amoudi (Saudi Arabia). Al-Amoudi is single largest investor in Ethiopia. He attempted to reassure the country that Amoudi's investments in Ethiopia would not be affected by the moves in Riyadh. His breakthrough deal came in the late 1980s when Saudi Arabia was trying to strengthen its security during the Iran-Iraq war. Henok Gabisa, a visiting academic fellow at Washington and Lee University School of Law in Virginia and an Ethiopian researcher, said that the Addis Ababa government are now "panicking", reported Middle East Eye. The specific charges against the 71-year-old Ethiopian-born billionaire, who holds Saudi citizenship are unclear, but he joins dozens of Saudi royal figures, ministers and businessmen being detained at the Ritz-Carlton in Riyadh. Al-Amoudi's arrest is especially important because it could potentially destabilize the economy of an entire country, according to Middle East Eye. Award ensures maximum vindication. Join Facebook to connect with የሀራ ከተማ አስተዳደር and others you may know. However his arrest is also causing shockwaves more than 1,000 miles away in Ethiopia, where he is the single most important figure in one of Africa's fastest growing economies. The 69-year-old is close to the Saudi royal family. Addis Ababa (HAN) September 22, 2014 – International trade and Investment news.By William Davison, Bloomberg. US President Donald Trump backed the moves in Riyadh earlier this month. Follow @shmhalamoudi Mohammed Hussein Al Amoudi is a globally successful international entrepreneur, businessman and philanthropist. Mohammed Hussein Al Amoudi. Sheikh Mohammed Hussein Ali Al Amoudi is a Saudi Arabian/Ethiopian businessman and billionaire who lives in Ethiopia and… – In 2020, Mohammed Al Amoudi’s net worth was estimated to … Speaking on the occasion Chairman and owner of MIDROC Ethiopia Sheik Mohammed Hussein Ali Al-Amoudi said, “the Technology Group led by the Chief Executive Officer, with ... Haji Ali Hussein, WANZA’s 3rd. የሀራ ከተማ አስተዳደር is on Facebook. Al Amoudi owns a broad portfolio of businesses in construction, energy, agriculture, mining, hotels, healthcare and manufacturing amongst others. At a separate function, President Kibaki held talks with a leading Saudi investor, Sheikh Mohammed Hussein Al-Amoudi, who paid him a courtesy call. He has four brothers and three sisters. In a reserved judgment, HHJ Parkes QC sitting in the High Court has awarded Sheikh Mohammed Hussein Al-Amoudi £175,000 damages for libel against Mr Elias Kifle, the publisher and editor in chief of an online news service, Ethiopian Review. Horizon Plantations Ethiopia Plc, majority-owned by Saudi billionaire Mohamed al-Amoudi, plans to almost double annual revenue within three years by investing at least $500 million in coffee and orange projects. November 23, 2017 at 4:11 am | Published in: Ethiopian-born Saudi billionaire Mohammed Hussein Al-Amoudi [Capital/Facebook]. ).This includes Muslims before the divide between Sunni and Shia as well as people who may have been Sunni at one point in their lives. Al-Amoudi was born July 21, 1946 from his mother Rakiya Mohammed Yassin (Wollo) and his father Haji Hussein Al-Amoudi (Saudi Arabia). As Ethiopia switched to a free market economy, Al-Amoudi moved quickly to acquire large stakes in industries that had been nationalised. Dr Awol Allo, a law lecturer at the Keele University, said: He is a person whose presence or absence might affect the country's economy. Al-Amoudi's influence grew in the country of his birth in the early 1990s following the coup that ended the 17-year-old Marxist Derg regime. His child and beneficiary are Abdul Rahman Al Amoudi. ADDIS ABABA, May 20 (Reuters) – Saudi Arabia will soon release Mohammed Hussein Al Amoudi, an Ethiopian-born Saudi billionaire arrested in November during a crackdown on corruption, Ethiopia’s prime minister said. His businesses include MIDROC … August 30, 2011. He is, without doubt, one of the most inspirational figures in the Muslim world. He is married to Sofia Saleh Al Amoudi. In the few days after Al-Amoudi's arrest, Ethiopian Prime Minister Hailemariam Desalegn felt the need to hold his first press conference in two months. He has three sisters (Tuiba, Nur, Fitum) and four brothers (Seid, Hassen, Abdella, Salih). President Dr Jakaya Mrisho Kikwete with First Ladies, Health Minister for Tanzania Mainland Dr Hadji Mponda and his Zanzibar coounterpart, Mr Juma Duni Haji (third and second right respectively), Ambassador Amina Ali, AU Permanent representativ to the UN (left) and Roll Back Malaria Goodwill Anbassador Yvonne Chakachaka pose after the bell. Award ensures maximum vindication. Those detained include at least 11 princes, two of whom are nephews of the king, Salman bin Abdulaziz Al Saud. Investor Sheik Al-Amoudi, whose net worth is estimated at $10.3bn, will share quarters with the kingdom's richest man Prince Alwaleed bin Talal, whose $16.7bn wealth has come from a broad range of holdings including stakes in Citigroup, Twitter and the Four Seasons hotel group. While bin Talal's arrest has gained most media attention. A spokesman for the Ethiopian Investment Authority added: "The country's economy can never ever sustain itself by a single investor – it's a 100 million population for heaven sakes. He added: "He is a person whose presence or absence might affect the country's economy.". Abiy Ahmed made the remarks late on Saturday... Saudi-led alliance gears up for battle in key Yemen port city For heaven's sake, we are 100 million people, how can we depend on one investment?! He is married to Sofia Saleh Al Amoudi. During the conference, he answered questions related to Al-Amoudi and stressed that the government does not believe that this will affect Al-Amoudi's investments in Ethiopia. Mohammed Al Amoudi. ADDIS ABABA, May 20 (Reuters) – Saudi Arabia will soon release Mohammed Hussein Al Amoudi, an Ethiopian-born Saudi billionaire arrested in November during a crackdown on corruption, Ethiopia’s prime minister said. The school provides elementary school education from grade 1 to grade 8. President Dr Jakaya Mrisho Kikwete with First Ladies, Health Minister for Tanzania Mainland Dr Hadji Mponda and his Zanzibar coounterpart, Mr Juma Duni Haji (third and second right respectively), Ambassador Amina Ali, AU Permanent representativ to the UN (left) and Roll Back Malaria Goodwill Anbassador Yvonne Chakachaka pose after the bell. He was ranked by Forbes magazine as the world’s 63rd-richest person and was worth $12.3 billion in 2012. In a reserved judgment, HHJ Parkes QC sitting in the High Court has awarded Sheikh Mohammed Hussein Al-Amoudi £175,000 damages for libel against Mr Elias Kifle, the publisher and editor in chief of an online news service, Ethiopian Review. But Sheik Al-Amoudi's detainment set alarm bells ringing in Addis Ababa, where his investments represent a significant part of Ethiopia's economy. "They are now panicking" said Henok Gabisa, a Visiting Academic Fellow at Washington and Lee University School of Law in Virginia and an Ethiopian researcher. Many of those detained are understood to be cutting deals to pay back billions to the Saudi government and win back their freedom. Mohammed Al Amoudi Net Worth. The 69-year-old is close to the Saudi royal family. Al-Amoudi was born July 21, 1946 from his mother Rakiya Mohammed Yassin (Wollo) and his father Haji Hussein Al-Amoudi (Saudi Arabia). Life is fragile: it thrives only in a narrow range of temperatures between freezing and boiling. For any Questions you can reach me at the email below:shkhusengibriil@gmail.comProphecies and dreams are God’s gift. He has four siblings and three sisters. One analyst estimated the value of the Sheikh's investment at $3.4 billion, which represents 4.7 per cent of Ethiopia's current GDP. But economic observers say the potential seizure of Al-Amoudi's assets could have a great affect on Ethiopia. His mother, Weyzero Rakiya Mohammed Yassin was an Ethiopian. The Director of the school: "This school was built by Sheik Mohammed Hussein Al Amoudi. Some of those they are harshly treating have been 'milking' their country for years!". This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The 69-year-old is close to the Saudi royal family. This is funny.". Facebook gives people the power to share and makes the world more open and connected. How can it just depend on a single investment?". Al-Amoudi was born July 21, 1946 from his mother Rakiya Mohammed Yassin (Wollo) and his father Haji Hussein Al-Amoudi (Saudi Arabia). b Sheikh Mohammed Hussein Al-Amoudi Center of Excellence in. on November 24, 2017, The five-star Ritz-Carlton in Riyadh where dozens of royal figures, ministers and businessmen are detained by Saudi authorities. His businesses are largely to be found within two conglomerate holding and operating companies, Corral Petroleum Holdings and MIDROC, both which he owns and manages. Al Amoudi Spouse – Sofia Saleh Al Amoudi There are 4 companies in the AL AMOUDI BEVERAGE INDUSTRIES COMPANY corporate family. He was ranked by Forbes magazine as the world’s 63rd-richest person and was worth $12.3 billion in 2012. News agencies have covered news of his detention, including the rumours that have been circulating on social media websites, as breaking news. Crown Prince Mohammed bin Salman, 32, is behind the unprecedented purge, which began on 4 November, to clean up what is widely seen as decades-deep rooted corruption in the kingdom. The 69-year-old is close to the Saudi royal family. According to a leaked diplomatic cable from 2008 "the Sheikh's influence on the Ethiopian economy cannot be underestimated.". TBY talks to Nabeel M. Al-Amudi, Minister of Transport, and President of Saudi Ports Authority, on optimally restricting concession agreements, resolving bottlenecks in the logistics chain, and privatizing as rapidly as possible. Al Amoudi has also donated an enhanced oil recovery research chair to King Saud University in 2008, as well the King Abdullah Institute for Nanotechnology at the same University. At a separate function, President Kibaki held talks with a leading Saudi investor, Sheikh Mohammed Hussein Al-Amoudi, who paid him a courtesy call. He was ranked by Forbes magazine as the world’s 63rd-richest person and was worth $12.3 billion in 2012. If Sheik Al-Amoudi is forced to cut a deal with the Saudis that includes some of his substantial Ethiopian assets, that could see key parts of the booming north African country's economy up for grabs. Although they acknowledge that Chinese people who are heavily investing in Ethiopia have now a much larger stake than Al-Amoudi in Ethiopia, analysts suggest that even if the government is not in a state of panic at present, there would definitely be future concerns about the extent to which a conflict with Saudi Arabia would affect the Ethiopian economy. Saudi authorities have arrested Mohammed Hussein Al-Amoudi, a dual national with Saudi and Ethiopian citizenship and is reportedly the second richest Saudi, after Prince Al … Dr Awol Allo, a law lecturer at the Keele University, called Al-Amoudi "an influential figure". Mohammed Al Amoudi was born in Dessie in Ethiopia in 1946 but grew up in Weldiya in the Amhara regional state of Ethiopia. People who adhered to Sunni Islam (including Ash'ari, Mutazila, Deobandi, Salafism, etc. His father, Haji Hussein Al Amoudi was a local businessman and belonged to Saudi Arabia. AL AMOUDI BEVERAGE INDUSTRIES COMPANY has 400 employees at this location and generates $48.28 million in sales (USD). He tweeted: "I have great confidence in King Salman and the Crown Prince of Saudi Arabia, they know exactly what they are doing. Mohammed Hussein Ali Al-Amoudi at the Millennium Hall. Born in Dessie and raised in Woldia, Sheik Mohammed Hussein Al Amoudi presently is the richest black man on earth. He is married to Sofia Saleh Al Amoudi. Al-Amoudi, who is also known as "the Sheikh", has invested in almost every sector of Ethiopia's economy, including hotels, agriculture and astrology. 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