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Mohammed Hussein Ali Al-'Amoudi ( ar, محمد حسين علي العمودي; born 1946) is a Saudi billionaire businessman. He was born Ethiopia in 1946 to a Yemeni father from Hadhramaut and Ethiopian Amhara mother from Wollo. In 2016, his net worth was estimated by ''Forbes'' at approximately $10.9 billion and a relative fall in net value was linked to the global fall in oil and gold prices at the time of estimation. He 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. Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden. Business activities Al Amoudi owns a broad portfolio of businesses in construction, energy, agriculture, mining, hotels, healthcare and manufacturing amongst others. His businesses are ...
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Dessie
Dessiè City which is politically oppressed by the past Ethiopian government systems due to the fact that most of the population follow Islamic religion. Dessie ( am, ደሴ, Däse; also spelled Dese or Dessye) is a town in north-central Ethiopia. Located in the South Wollo Zone of the Amhara Region, it sits at a latitude and longitude of , with an elevation between 2,470 and 2,550 metres above sea level. Dessie is 400 km to the north of the capital Addis Ababa. It has a population of more than 200,000 people in over 30 wards. History Medieval history Prior to Dessie's foundation, the major settlement in this area was Wasal, mentioned in an early 16th-century Italian itinerary. Wasel is mentioned as a place that dismembered pieces of the Adal Sultanate's Badlay ibn Sa'ad ad-Din were sent after his defeat in battle. 19th century Dessie was founded by Emperor Yohannes IV who was camping in the highlands to the west of the Chefa Valley in 1882 on an expedition to forcef ...
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Svenska Petroleum Exploration AB
Svenska Petroleum Exploration AB (Svenska) is a Swedish-based oil company in offshore production. The company is fully owned by Petroswede AB, a privately held holding company, which in turn is indirectly owned by Sheikh Mohammed H. Al-Amoudi. Svenska's operation activities are focused on West Africa and the Baltic region with the head office in Stockholm, Sweden and London the United Kingdom. The production operations are currently (2019) based in Ivory Coast, whilst exploration activities are focused on West Africa and Latvia. Ownership structure Svenska Petroleum Exploration is wholly owned by Sheikh Mohammed H. Al-Amoudi since 1996. Overview Svenska Petroleum Exploration (Svenska) dates back to 1969, when Oljeprospektering AB (OPAB ) was founded. OPAB was an initiative from the Swedish government and a number of Swedish private enterprises (AGA, Boliden, Gränges and Sydkraft) to respond to the vast potential of a growing energy market. The company's mission was of nationa ...
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Amhara Region
The Amhara Region ( am, አማራ ክልል, Åmara Kilil), officially the Amhara National Regional State (), is a regional state in northern Ethiopia and the homeland of the Amhara people. Its capital is Bahir Dar which is the seat of the Regional Government of Amhara. Amhara is the site of the largest inland body of water in Ethiopia, Lake Tana (which is the source of the Blue Nile), and Semien Mountains National Park (which includes Ras Dashan, the highest point in Ethiopia). Amhara is bordered by Sudan to the west and northwest and by other the regions of Ethiopia: Tigray to the north, Afar to the east, Benishangul-Gumuz to the west and southwest, and Oromia to the south. History During the Ethiopian Empire, Amhara included several provinces (such as Dembiya, Gojjam, Begemder, Angot, Wollo, Shewa and Lasta), most of which were ruled by native Ras or Negus. The current Amhara region corresponds to often large parts of the former provinces of Begemder, Dembiya, Angot, B ...
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National Oil Ethiopia
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator g ...
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Lega Dembi Mine
The Lega Dembi Mine is the largest gold mine in Ethiopia. It is near Shakiso in Oromia. Lega Dembi has a yearly production of around 4,500 kg of gold and silver, and is owned by MIDROC. Pollution from the mine has resulted in environmental conflict that has exacerbated other political and ethnic conflict in the region. The mine has exposed thousands of people to cyanide, arsenic and mercury pollution greatly exceeding WHO guidelines, causing severe negative health effects including many stillbirths, birth defects, and deformities. In 2022, the UN Special Rapporteur for Human Rights and the Environment, David R. Boyd described the mine as one of the worst sacrifice zones in the world. The mine's pollution has also threatened local communities' food security. People have been killed for organising protests against the mine, and in 2018 at least five people were killed when security forces fired at demonstrators. These protests resulted in temporary cancellation of the mining p ...
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Gold Mining
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South. Like all mining, human rights and environmental issues are common issues in the gold mining industry. In smaller mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BC, indicating that gold mining could be at least 700 ...
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Jubail Industrial City
Jubail Industrial City, the world's largest industrial city, was established in 1975 and is located in the Eastern Province of Saudi Arabia. It covers 1,016 square kilometers and includes industrial complexes and port facilities. It contributes to about 7% of Saudi Arabia's GDP. The city was constructed by the US-based Bechtel Corporation Bechtel Corporation () is an American engineering, procurement, construction, and project management company founded in San Francisco, California, and headquartered in Reston, Virginia. , the '' Engineering News-Record'' ranked Bechtel as ... starting from 1976. The construction project was further expanded until 2021 with cost of $20 Billion. References 1975 establishments in Saudi Arabia Industry in Saudi Arabia {{SaudiArabia-stub ...
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Ras Al-Khair
Ras Al-Khair (Also called Ras Az-Zour, Ras Azzour) is a town and port currently under development in the Eastern Province of Saudi Arabia. It is on the eastern coast, 60 km (37 mi) north of Jubail. It is also known under its project name of "Minerals Industrial City". Industry The new city, RAZMIC (Ras Al Zour Mineral Industrial City), is planned to exploit the mineral deposites of phosphate and bauxite found within Saudi Arabia. Therefore, a di-ammonium phosphate (DAP) plant will be built, an aluminium smelter, an aluminium rolling mill, an ammonia plant, an alumina refinery and facilities to produce phosphoric and sulphuric acid. Power will be supplied by the 2,400 MW Ras Al-Khair Power and Desalination Plant. The official ground breaking for the aluminium project by the Saudi Arabian Mining Company (MA'ADEN) and Alcoa was on 19 June 2010. The project was scheduled to be completed by 2014. Among other projects a residential village for the MAADEN employees was built ...
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King Saud University
King Saud University (KSU, ar, جامعة الملك سعود) is a public university in Riyadh, Saudi Arabia. Established in 1957 by King Saud bin Abdulaziz to address the country's skilled worker shortage, it is the first university in the Kingdom of Saudi Arabia. The university was known as Riyadh University before a name change in 1982. The student body of KSU today consists of 40,000 male and female students, 7% of which are international. The female students have their own disciplinary panel, and there is a center supervising the progress of female students, either personally by female faculty members or by male faculty members via a closed television network. The university offers courses in the natural sciences, the humanities, and professional studies, and many courses are tuition-free. The medium of instruction in undergraduate programs is English and Arabic depending on the chosen major. Among Arab universities, its medical programs are highly regarded. History Es ...
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KSU Gazal-1
The KSU Gazal-1 (Arabic for ‘gazelle') is a sport utility vehicle developed by students at King Saud University and technicians from Magna Steyr. The mass production began on 14 June 2010 under King Abdullah Bin Abdulaziz of Saudi Arabia. The managers of the project are Dr. Abdul Rahman Alahmari and Dr. Saed Darweesh. Dr. Khalid Alsaleh, who registered patents for the vehicle, mentioned in a TV interview that environment specific tests such as camel collision tolerance were conducted. The car is the fourth home-made Arab automobile, after the Egyptian Ramses, the Moroccan Laraki and the Libyan Saroukh el-Jamahiriya. With a projected output of 20,000 for 2011, the Gazal-1 was the first Arab vehicle to be mass-produced in the Arab World. The KSU Gazal-1 is based on the long-wheeled Mercedes-Benz G 500 AMG and was designed by Studiotorino. Most of the automotive parts are produced by Magna Steyr in Austria. The assembly of the vehicle is made at the assembly plant of MAN ...
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