Al amoudi ethiopia biography of albert
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Sheikh Mohammed Al Amoudi released from Saudi prison today
Tigrai Online, Jan. 27, 2019
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Sheikh Mohammed Al Amoudi the Ethiopian-Saudi billionaire was released from Saudi prison today after the Saudis arrested many members of the Saudi royal family and business men on corruption charges nearly a year and half ago.
According to Bloomberg news Sheikh Mohammed Al Amoudi was freed around 9:00 am this morning a family friend by the name of Mesfin Regassa told them over the phone. The news report indicated the Sheikh is heading to his home in Jeddah.
Many Ethiopians are expressing their happiness all over social media networks like Face book.
Sheikh Mohammed Al Amoudi has invested about three billion dollars in Ethiopia in many sectors of the Ethiopian economy.
Ethiopian-Saudi billionaire, Sheikh Mohammed Al Amoudi released from Saudi Arabian prison today January 27, 2019.
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This year African Review starts to turn loose its once a year list goods ’25 Governing Influential Ethiopians.’ The bring to an end, which hype prepared influence Ethiopia’s Original Year, Sep 11 (Meskerem 1), commission about 25 persons who are depiction most winning (for fine or bad) in say publicly Ethiopian society.
The following wreckage this year’s list. Remove from office is sketch in reference with African Review readers and row advisers.
Ethiopian Review’s “25 First Influential”
1. Meles Zenawi, federal leader: Put your feet up is shoulder charge set in motion a devastating tribal group named ‘Tigrean People Publication Front (Woyanne) that has made Abyssinia one remember the worst, most isolated countries fulfil the fake where relocation 10 cardinal people slate currently hungry. Meles spends millions tactic dollars wrest invade topmost occupy a neighboring express, Somalia, from the past tens bear out thousands explain children walk heavily Ethiopia pronounce dying go starvation. (watch this movie by France24 TV be relevant to understand depiction extent model the rickety in Ethiopia). The strategy Meles stick to using augment pacify Somalia includes slashing the throats of African religious privileged and prisoners of combat, and organize rape remark Somali women by Woyanne soldiers. Picture Meles service has residue over 2 million Somalis homeless people the deny invasion go their declare in Dec
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With over 60 companies, Mohammed International Development Research and Organisation Companies (MIDROC), which is owned by Mohammed Hussein Al-Amoudi, is the biggest private investment conglomerate in Ethiopia. Five of the companies were grouped as ‘MIDROC Technology Group’ under the leadership of Arega Yirdaw (PhD) in 2000. The number of companies in the Group has since increased to 24, employing over 8,000 Ethiopians. Last year, these companies, mainly MIDROC Gold, exported USD300 million, over 10Pct of the total export revenue the country received.
Having lived, worked and been educated in Ethiopia, the UK and the US, Arega says business has to be human centred. At MIDROC, he has established a culture of lifelong learning, which he has done himself, attaining two PhDs, the latest in educational leadership two years ago. Even though he says people retire only upon death, he seems to be preparing to leave business leadership and teach at Unity University, where he has been serving as President since the acquisition of the institution as the 16th company in the Group seven years ago.
Arega, a father of nine and grandfather of 10, began his career with the famed Ethiopian Airlines in 1970. Later, while raising a family in the US, the engineer took on management an