MIDROC

MIDROC Ethiopia, Alkhorayef Industries ink partnership agreement

NBE October 16, 2020

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.

Ethiopia – Al Amoudi fires MIDROC CEO Dr. Arega

newbusinessethiopia April 27, 2020

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.

Al Amoudi to build mega oil processing in Ethiopia

newbusinessethiopianews December 28, 2019

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.

Chopper crashes in Ethiopia this morning

NBE April 26, 2019

One of Trans Nation Airways choppers crashed this morning minutes after departure from the Bole International Airport in Addis Ababa, Ethiopia.

Ethiopia generates $3 billion selling state enterprises

newbusinessethiopia January 4, 2019

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.