Mohammed Hussein Ali Al Amoudi

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.

Ethiopia misses 95% minerals’ export target

newbusinessethiopia January 31, 2019

Partly impacted by the revocation of MIDROC Gold license of Etho-Saudi billionaire Al Amoudi, Ethiopia has missed 95% of its mining export target for the first six months of the current fiscal year started July 8, 2018.