Mohammed Hussein Al AmoudiEthiopian-Saudi billionaire businessman (born 1946) SheikhMohammed Hussein Al AmoudiMuhammad Husseen Al Amuudiiمحمد حسين العموديBorn (1946-07-21) 21 July 1946 (age 80)Dessie, Wollo Province, Ethiopian EmpireOccupationsBusinessmaninvestorbillionaireTitleOwner and manager of Corral Petroleum Holdings and MIDROCSpouseSofia Saleh Al AmoudiChildren8 Mohammed Hussein Ali Al Amoudi (Arabic: محمد حسين علي العمودي; born 21 July 1946) is an Ethiopian-born Saudi billionaire businessman.
Gold miningProcess of extracting gold from the groundSuper Pit gold mine at Kalgoorlie in Western Australia, 2023History of a Lump of Gold, 1885Bonanza gold ore from the Sleeper Mine in northern Nevada. Field of view ~10.5 centimeters across.Gold mining involves the extraction of gold either via conventional mining or via placer mining, as it is a soft metal, gold is relatively easy to separate from its surrounding.
Lega Dembi MineThe Lega Dembi Mine is the largest gold mine in Ethiopia and is near Shakiso in Oromia Region. 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.
Venture capitalVenture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake.
DeforestationConversion of forest to non-forest for human useAnnual deforestationDeforestation of the Amazon rainforest in Brazil's Maranhão state, 2016Deforestation in Riau province, Sumatra, Indonesia to make way for an oil palm plantation in 2007Deforestation in the city of Rio de Janeiro in Brazil's Rio de Janeiro state, 2009Deforestation or forest clearance is the removal and destruction of a forest or stand of trees from land that is then converted to non-forest use.
EthiopiaFlag EmblemAnthem:ወደፊት ገሥግሺ ፣ ውድ እናት ኢትዮጵያ(Amharic) ("March Forward, Dear Mother Ethiopia")Show globeShow map of AfricaCapitaland largest cityAddis Ababa9°1′N38°45′E / 9.017°N 38.750°E / 9.017; 38.750Official languagesAmharicOromoSomaliTigrinyaAfarRegional languagesSidamaGurageWelaytaHarariLanguages of EthiopiaEthnic groups (2007)34.5% Oromo26.9% Amhara6.2% Somali6.1% Tigrayan4.0% Sidama2.5% Gurage2.3% Welayta1.7% Hadiya1.7% Afar1.5% Gamo12.6% othersReligion (2016)67.3% Christianity43.8% Ethiopian Orthodoxy22.8% P'ent'ay0.7% other Christian31.3% Islam0.6% traditional faiths0.8% others/noneDemonymEthiopianGovernmentFederal parliamentary republic under an authoritarian government• PresidentTaye Atske Selassie• Prime MinisterAbiy Ahmed• Deputy Prime MinistersTemesgen TirunehAdem Farah• Chief Justice of the Federal Supreme CourtTewodros MihretLegislatureFederal Parliamentary Assembly• Upper houseHouse of Federation• Lower houseHouse of Peoples' RepresentativesFormation• Ethiopian Empire1270• Zemene Mesafint7 May 1769• Reunification11 February 1855• Centralisation1904• Occupied and annexed into Italian East Africa9 May 1936• Re-establishment of independence31 January 1942Area • Total1,104,300 km (426,400 sq mi) (26th)• Water (%)0.7Population• 2025 estimate 138,902,185 (10th)• 2007 census 73,750,932• Density92.7/km (240.1/sq mi) (123rd)GDP(PPP)2024 estimate• TotalUS$434.44 bn (55th)• Per capitaUS$4,050 (159th)GDP(nominal)2024 estimate• TotalUS$145.03 bn (59th)• Per capitaUS$1,350 (159th)Gini(2021) 31.1medium inequalityHDI(2022) 0.492low (176th)CurrencyBirr (ETB)Time zoneUTC+3 (EAT)Date formatdd/mm/yyyyCalling code+251ISO 3166 codeETInternet TLD.etEthiopia, officially the Federal Democratic Republic of Ethiopia (FDRE), is a landlocked country located in the Horn of Africa region of East Africa.
OromiaOromia (Oromo: Oromiyaa, Amharic: ኦሮሚያ) is a regional state in Ethiopia and the homeland of the Oromo people.Hazardous wasteIgnitable, reactive, corrosive and/or toxic unwanted or unusable materials North Seattle household hazardous waste collection facility.
MiningExtraction of valuable minerals or other geological materials from the EarthMining of sulfur from a deposit at the edge of Ijen's crater lake, IndonesiaMining is the extraction of geological materials and minerals from Earth's surface. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly made artificially in a laboratory or factory.
PreemPreem is a Swedish fuel company historically operating the Gothenburg and Lysekil refineries, along with a nationwide supply and distribution network. It sells fuel via staffed stations with service shops, automatic stations and filling stations intended for heavy commercial traffic. BackgroundThe raw materials are processed and sold as fuels, heating oil, lubricating oils and other products to both companies and individuals in Sweden and Norway.
Petroleum industryThe petroleum industry, also known as the oil industry, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics.*As an Amazon Associate I earn from qualifying purchases.