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Sheikh Mohammed Hussein Al-AmoudiBiographyFull Name: Sheikh Mohammed Hussein Al AmoudiAge: 58 years old Place of Birth: Weldia, Wello- Ethiopia Parents: He was born from an Ethiopian mother and an Yemeni father. Citizenship: He immigrated to Saudi Arabia in 1965 and became a Saudi citizen. He thus holds a double Ethiopian/Saudi citizenship. Marital Status: Married. Occupation: Businessman Sheraton Addis- one of Al Amoudi's major investments in Ethiopia BusinessTotal Net Worth: US$1.5 billion (Forbes Magazine)Primary Source of Income: Oil. Al Amoudi originally made his fortune in the construction and real estate business. (Forbes Magazine) Investment in Ethiopia: More than US$1 billion (The Reporter, Ethiopia) Companies in Ethiopia:MIDROC-Ethiopia is the parent company and operates close to 30 other sister enterprises such as : Sheraton Addis,Midroc Construction Ethiopia Moha Soft Drinks S.C., National Mining Corp., National Motor Companies, Ethio Leather Industries (ELICO) P.L.C., Dashen Bank, Elfora Agro-Industries P.L.C., Bauer-Midroc, Sara Lamps, Ethio Coffee & Tea Plantation & Marketing P.L.C. and Kombolcha Steel Products Industry (KOSPI), to name a few. Number of Employees in Ethiopia: More than 15,000. The largest individual employer in the country. (Source: Addis Tribune) Involvement in Ethiopian Sports1. Individuals - Helped a number of former Ethiopian soccer players (winners of the 3rd African Cup) and athletes both financially and materially. Al Amoudi covered all the medical expenses (US $35,000) for Ali Redi, the national soccer team goalkeeper who was treated for leukemia at a Cape Town hospital in South Africa. 2. Club Level- Sponsorship - His MOHA Soft Drinks Industry S.C. which produces Pepsi Cola in Ethiopia is the primary sponsor of St. George Football Club. 3. National Team Level - Paid all transportation expenses for the Ethiopian Olympic team, which took part in the 1996 Atlanta Games. - He brought in French coach Diego Garzitto to prepare the Ethiopian U-20 team for the African Youth Championship (held in Addis Ababa) and the World Youth championship in Argentina. He paid his US $5,500/month salary and also provided him with housing accommodation and transportation vehicle. 4. Stadium Construction & Building - He is expected to build a stadium for St. George F.C. which will hold 60,000 spectators and is estimated to cost between US $6-7 million. 5. Construction of Athletic Village at Sendafa A one-day national fund-raising was held at Sheraton Addis to raise funds for the construction of an athletic village for the Ethiopian national team at Sendafa, on the outskirts of the capital. Of the 30 million birr (around US $3.4 million) that was raised through donation and auction on that day, 23 million Birr (US $2.7 million) came from Al Amoudi' companies. Go to SOURCE of article |