Al Amoudi’s Midroc to challenge Ethiopian Trade Code

Midroc
Addis Ababa, Ethiopia – MIDROC Ethiopia, an umbrella company administering over a dozen investments by the Ethiopian born Saudi billionaire , Sheik Mohammed Hussein Ali Al Amoudi, has established Derba Group of Companies (DG) at a cost of more than 71 billion birr. Though the Ethiopian Trade Code has no room for the establishment of a holding company, the promoters of the umbrella...