Mohammed International Development Research and Organization Companies (MIDROC) Investment Group of the Ethio-Saudi tycoon Sheikh Mohammed Hussein Ali Al-Amoudi inked a partnership agreement with the Saudi-based Alkhorayef Industries Company to boost Ethiopian agriculture sector with center pivot irrigation technology.
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Sheikh Mohammed Hussein Ali Al Amoudi, the Ethiopian born Saudi billionaire today fired Dr. Arega Yirdaw, CEO of the biggest investment group in Ethiopia, Mohammed International Development Research and Organization Companies (MIDROC) Technology.
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BY MEKONNEN TESHOME – Sheikh Mohammed Hussein Ali Al-Amoudi, Chairman and Owner of the leading Ethiopian investment group, Midroc Ethiopia, is set to invest 4 billion birr (around $126.2 million) in mega edible oil processing factory in Addis Ababa, Ethiopia.
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One of Trans Nation Airways choppers crashed this morning minutes after departure from the Bole International Airport in Addis Ababa, Ethiopia.
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By Andualem Sisay Gessesse – The government of Ethiopia has privatized 290 companies in 14 years from 1995-2015, according to the information obtained from the agency in charge of supervising and selling state enterprises.
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