Sheik Mohammed Hussein Al Amoudi – New Business Ethiopia

Ethiopia gets $1.12 billion from export in five months

January 9, 2020January 9, 2020newbusinessethiopianews

The Ministry of Trade and Industry of Ethiopia said during the first five months of the budget year started July 8, 2019, the country has earned a total of $1.12 billion from export of different agricultural commodities, manufactured goods and minerals.

Ethiopian tycoon funds bio-pesticide research

June 28, 2019June 29, 2019

By Mekonnen Teshome – Sheikh Mohammed Al-Amoudi, the 2nd richest business person in Africa next to Aliko Dangote, funds the bio-pesticide research conducted on Phytolacca dodecandra L’Herit, a sprawling woody climber plant.

Saudi Arabia releases Ethiopia – Saudi billionaire

January 27, 2019January 28, 2019

Saudi Arabia has released Ethiopia – Saudi billionaire Sheikh Mohammed Hussein Ali AL-Amoudi who has been in jail for corruption charges along other Saudi billionaires.

Ethiopia revokes gold mining license of MIDROC Gold

May 10, 2018May 10, 2018

Ethiopia’s Ministry of Mines, Petroleum and Natural Gas has suspended gold mining license of MIDROC Ethiopia’s Legadembi Gold Mine in Gugi Zone Oromia Regional State.

Remembering the forgotten Ethiopian billionaire [OPINION]

April 25, 2018April 30, 2018

By Col. Jamal Ahmed – I remember it was about ten years ago. Ethiopians from across the world and from different parts of the country were gathered in Addis Ababa to celebrate their new year. It was not like the other new years the country that uses Julian calendar has been celebrating. This one was […]

Saudi tycoon provides 55 trucks to drought affected in Ethiopia

April 20, 2017August 16, 2018

Oromia receives Sheikh Mohammed Al-Amoudi’s 55 trucks of grain and 20 trucks of animal forage to support drought affected citizens in the Regional State.