He now has business interests there, largely operated through MIDROC Ethiopia which was created in 1994 | |
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Al Amoudi was honoured for his achievements in economics and philanthropy at the 19th Arab Economic Forum Summit in 2011, with special reference to his commitment to sustainable development | He also fully funded the King Abdullah Institute for Nanotechnology at |
This latter is Ethiopia's first industrial steel production plant and in intended to meet a major increase in domestic demand, estimated to rise from 1.
2He was also listed as Ethiopia's richest man, the second richest Saudi Arabian citizen in the world and the second richest person of African descent in the world | The land grabbers : the new fight over who owns the Earth |
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Business activities [ ] Al Amoudi owns a broad portfolio of businesses in construction, energy, agriculture, mining, hotels, healthcare and manufacturing amongst others | Markos Berhanu 29 November 2010 |