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A lil about Sheikh Mohd Al Amoudi |
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Ethiopian-born and raised in Saudi Arabia, Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is said to be the largest foreign investor in both Sweden and his native Ethiopia, where some of his ventures include mines and hotels. One is the Addis Ababa Sheraton Hotel, the most lavish hotel in the country where former Treasury Secretary O'Neill and Bono stayed while on their African tour a couple of years ago.From 2004 bio:Mohammed Hussein Al AmoudiBorn in Ethiopia and raised in Saudi Arabia, Al Amoudi made his fortune in construction and real estate before expanding into oil refineries in Sweden and Morocco. Said to be the largest foreign investor in both Sweden and his native Ethiopia. One notable Ethiopian property: his lavish Sheraton Addis Ababa Hotel.
Owns Swedish refinery Preem as well as Svenska Petroleum, which made big plays in Guinea-Bissau, Nigeria and Angola in 2008. Has invested more than $1 billion in Ethiopia, from hotels to gold mines. Add as favourites (13) | Quote this article on your site | Views: 560
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