Sheikh
Mohammed Hussein Al-Amoudi
- Biography
Full Name: Sheikh Mohammed Hussein Al Amoudi
- Born: 1946
- Place of Birth: Weldia, Wello- Ethiopia
- Parents: Ethiopian mother and Yemeni father.
- Citizenship: He immigrated to Saudi Arabia in 1965
and became a Saudi citizen.
- Marital Status: Married.
- Occupation: Businessman
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- Sheraton
Addis- one of Al Amoudi's major investments in Ethiopia
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- Business
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- Total Net Worth: $6.9 billion (Forbes Magazine- March
2006)
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 Al Amoudi originally made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 45
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. (Source:
Tiret Magazine)
Number of Employees in Ethiopia: More than 15,000. The
largest individual employer in the country. (Source: Addis Tribune)
- Involvement
in Ethiopian Sports
-
- 1. 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.
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- 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.
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- 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.
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- 4. Sponsoring
International Soccer Tournament
- The CECAFA Senior Challenge Cup has
been renamed Al Amoudi Senior Challenge Cup, after Sheikh
Mohammed Hussein Al Amoudi, who agreed to sponsor the tournament
for the next three years. The sponsorship deal is worth US $1.5
million (US $500,000/year) and will cover the transportation and
hotel expenses for the participating teams plus the prize money
given to the top four finishers.
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- Prize Money
- The new sponsorship
deal calls for US$70,000 price money to be distributed among the top
four finishers. This same format will be applied for the next two
editions of the tournament.
- US$30,000 for the winning team
- US$20,000 for the runner-up
- US$15,000 for the third place
finisher
- US$5,000 for the fourth placed team
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- 5. 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.
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