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Ethiopia's Mohammad Al Amoudi named 2nd richest person in Saudi Arabia

08/31/09

Permalink 09:34:55 pm, by nazret.com, 266 words, 9176 views   English (US)
Categories: Ethiopia, People, Mohammed Hussien Al Amoudi

Ethiopia's Mohammad Al Amoudi named 2nd richest person in Saudi Arabia

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Ethiopia's Mohammad Al Amoudi named 2nd richest person in Saudi Arabia

Source: Arabian Business

Born in Ethiopia to a Yemeni father, Mohammad Hussein Al Amoudi was raised in Saudi Arabia and is today considered one of the largest foreign investors in Sweden and North Africa.

He made his first fortune in construction and real estate before branching out into buying oil refineries in Morocco and Sweden — where he was honoured with the Royal Swedish Order of the North Star by King Carl XVI — and his native Ethiopia, where he bankrolls the national soccer team.

By the end of last year, the current economic crisis had taken a toll on a number of Al Amoudi’s Swedish investments. The stock exchange lost over 30 percent of its value between August and December 2008, while the plummeting oil price hardly helped Al Amoudi’s oilfield operations.

Yet while the Nordic region’s biggest economy is still in recession as the global paralysis of credit markets undermines consumer spending and saps demand for Swedish goods, the stock exchange has bounced back to summer-2008 levels. And that’s good news for investment behemoths such as Al Amoudi, who owns a broad portfolio of businesses not only in oil but also in mining, agriculture, hotels, hospitals, finance, operations and maintenance.

His holding and operating companies, Corral Group and the Midroc Group, employ more than 40,000 people. Corral Group has an investment portfolio in Europe and the Middle East that includes Preem Petroleum, the largest integrated petroleum company in Sweden, Svenska Petroleum & Exploration, SAMIR, Naft Services Co (Saudi Arabia) and Fortuna Holdings Co (Lebanon).

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msg Comment from: challenger [Visitor]
Do you have a dollar, 1/2 brother?
PermalinkPermalink 08/31/09 @ 22:19

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msg Comment from: Gonder [Visitor]


Good to see an Ethiopian doing well.
PermalinkPermalink 08/31/09 @ 22:53

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msg Comment from: elcad [Visitor]
This time he made most of his money in Ethiopia at the expense of Ethiopians. He bankrolls the national soccer team as well as he bankrolls the blood sucking junta and his call girls in Addis Ababa. No body gives a goddamn shit about his ranking or what ever.
PermalinkPermalink 08/31/09 @ 22:54

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msg Comment from: amare [Visitor]
He is a smart dude..many people in DC area used to run around to strike a quick money from the Sheik by bending down their sisters and girl friends as quickly as possible. Now, he is the #1 enemy for his choice of political party in eth. He is no longer enthusiastic on investment in our country with so many loud mouth people accusing him of all kinds of things.
Gov't cannot create jobs - he would have been the best investor to our country. Because he is genuinly caring and generous to his people. He is a true ethiopian...
PermalinkPermalink 08/31/09 @ 23:06

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msg Comment from: asmara [Visitor]
hey ali u can inverst asmara too
PermalinkPermalink 08/31/09 @ 23:34

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msg Comment from: Shablel [Visitor]
He is all blessed to all the works of his hand by GOD besides he is smart educated.

PermalinkPermalink 08/31/09 @ 23:37

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msg Comment from: Shegaw - Yayew Hulu Yidenekal [Visitor]
Who gives a shit about how rich this bastard arab is.
It is not how much someone has in the bank that counts, but how much kindness they have to share
I have never came across someone who has confirmed that this flamboyant Arab has done for him or her.
All that matters to him and the Arabs is money - women -alcohol.

Not long ago he was working in a famous "Bar/brothel" in Dire Dawa, called "Mamita Neuzola" and no one knows for sure where all these money came from but all he does is have nights of orgy with 2 or 4 girls in the same bed same night and then shower these girl gold and perfume. Big deal.
PermalinkPermalink 09/01/09 @ 00:06

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msg Comment from: Yoyoma [Visitor]
Long Life, to you Mo! Keep moving up! The more you give, the more you get!
God Bless you!
PermalinkPermalink 09/01/09 @ 00:11

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msg Comment from: observer [Visitor]
Gondar:
What language do you understand better? The English language clearly stated that this man is not Ethiopian. He is a Saudi citizen.

I still don't understand what kind of business this foreigner do in Ethiopia and how much Ethiopia benefited from his business. No transparency no one knows except the woyanes who take his money.
I heard that he controls all the gold of Ethiopia and yet what is Ethiopia's share no body knows except Meles and his wife.
In such corrupt business deal every citizen have the right to ask what this guy is up to. Make it official then we will see whether he is bleeding our country or helping.

Amare: Define Ethiopian. This man is a Saudi citizen. >:XX Look what you said on above. You are typical janjaweed.
PermalinkPermalink 09/01/09 @ 00:34

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msg Comment from: addis zemen [Visitor]
Elcad (visitor)
Take it easy, you don't have to cry.he can do what ever he wants with his money.
PermalinkPermalink 09/01/09 @ 00:51

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msg Comment from: AbaWereIllu [Visitor]
Rich people only think to get richer, forget helping others. His generosity is just an incentive decoy to get them more richer
PermalinkPermalink 09/01/09 @ 01:03

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msg Comment from: Tazbkut [Visitor]
:))I APPRECIATE AL AMOUDI WHAT HE IS DOING IN OUR POOR COUNTRY.ON THE OTHER HUND I DO NOT KNOW WHY HE IS NOT INTERSTED TO INVEST IN AGRICULTURE SPECIALY IN THE NILE BASIN.MAY BE HE HAS AGREEMENT WITH OUR HISTORICAL ENEMIES(EGYPT)NOT TO INVEST IN THE NILE BASIN.IF HE IS A TRUE ETHIOPIAN AND WANT TO REMOVE THE BAD CAST(DRAUGHT,HUNGER AND ....)IN OUR COUNTRY.MR.AL AMOUDI BE COURAGEOUS AND IVEST YOUR MONEY IN AGRICULTURE(NOT ONLY IN AWASH).
PermalinkPermalink 09/01/09 @ 01:33

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msg Comment from: Abel [Visitor]
when he become an orthodox christain, I hear from the nearest people of him. He will declaire his christanity in near future. for this I'm 100% sure, his heart still with us but he might scare of suadians.he practiceing christanity in nowadays specialy ours that's orthodox church.
PermalinkPermalink 09/01/09 @ 03:01

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msg Comment from: Visitor from Addis [Visitor]
Well done Al Amoudi

He is one of the very few smartest men ever born from the Ethiopian Land. One should not be cleaver to understand this, how he can achieve this tremendous success with out being smart. Look at this; first, he outsmarted his fellow many Ethiopian born Arabs who fled to Saudi Arabia in early 1970, who could have been richer like him, had they been smart, After he established his connection in Saudi, he turned his face to Ethiopia, although he faced a problem at first, now Ethiopia is in his hands as he has a solid power to influence Ethiopian society, socially, economically and politically. Ethiopia is changed after his arrival.

Now, being the 2nd richest person in Saudi means that he will have the power to influence the Saudi’s Richest Royal family to make a difference in Ethiopia. Hence, we better take care of this man and allow him to change Ethiopia.

Cheers
PermalinkPermalink 09/01/09 @ 03:53

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msg Comment from: Black Boy [Visitor]
WHO CARES ???????? THIS IS NOT NEWS!!!!!! How does that affect the millions of starving Ethiopians he loves so much????
HE IS A SAUDI = ARAB! using his mothers Ethiopian citizenship to suck all the wealth out of Ethiopia,and does not pay loans he takes from banks, this man does not even hold an Ethiopian passport!
Yemeni father + Ethiopian mother still makes him Yemeni!
If his Father was Eritrean nobody in Ethiopia would claim him as Ethiopian:crazy:

NAZRET.COM this is not news!!!!! enough with useless propaganda
Tell us who are the top 20 richest people in Ethiopia?
PermalinkPermalink 09/01/09 @ 06:39

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msg Comment from: Elias [Visitor]
Shaikh Moahmmaed Al Al Amudi
GOD Bless you, we are always praying for you,under you there are many Ethiopians are working,you are one of our Hero, please keep helping ethiopia & ethiopians

thank you
Elias Hailemariam
PermalinkPermalink 09/01/09 @ 06:54

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msg Comment from: yo [Visitor]
congratulations and may god continue to bless him. He is good man and we need him in Ethiopia.
PermalinkPermalink 09/01/09 @ 07:42

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msg Comment from: Yohanes [Visitor]
He is useless. Always drunk and surrounded by prostitutes. He could have done a lot.
PermalinkPermalink 09/01/09 @ 08:14

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msg Comment from: Zeab [Visitor]
To be rich, powerful, wise and knowledgeable means to assume responsible for the welfare of others; if it is in a good way. I think Alamudi understands that he has taken responsibility to improve the life of others; that could be the reason why he is investing in every sector.
PermalinkPermalink 09/01/09 @ 08:54

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msg Comment from: Fegou [Visitor]
The only reason that any Ethiopian should nort be proud of this guy is "Jealousy".
Get over your ingrained envy and admire this truly amazing guy who could do a lot of grat things to Emama Ethiopia than all the rest of us.
I salute you and Long life to you Mr. Sheikh Al Amoudi
PermalinkPermalink 09/01/09 @ 09:01

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msg Comment from: kiki [Visitor]
Guys,
I see Meles behind Alamundi. Alamundi is a cover for the tplf thugs.
PermalinkPermalink 09/01/09 @ 09:11

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msg Comment from: Mel [Visitor]
It is very sad to see my people always demeaning other people success. Al-Amoudi is a respected tycoon in the world and to see he is belittled by these ordinary people is saddening. You don't have any proof whatsoever for you story that he did something unethical. As a business tycoon it is normal to work with any government, not only ethhiopian government.Our identity seemed to undermine successful people just because we failed or can't be to the standard of the other sucessful persona. This is just euphemism.
PermalinkPermalink 09/01/09 @ 09:57

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msg Comment from: Natural [Visitor]
Egizabiher ahunim chemiro chemamiro yibarkew!!!!! Melkam lib yalew sew sibarek endet yasdesital!!!! yagere sew silehone demo betam des yilegnal berta teberataa ... I wanna see you being the number 1 richest person in the world! Who knows ... Egizabiher min yisanewal!....His richness is a true blessing to us, Ethiopians ...He has been doing great in Ethiopia so far even when things are not economical, we all know that if it's not to help his brothers and sisters in Ethiopia he could have invested all the money he used in Ethiopia and be more profitable. But regardless of all these, he still kept investing and that is his greatness indeed!!!!

God Bless him again and again!!!!!!!
PermalinkPermalink 09/01/09 @ 10:13

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msg Comment from: Dodo [Visitor]
We true Ethiopians believe in your hard work for your mother land. Please ignore all these rubbish comments! You de man Mr. Al Amoudi ļļļļļ:|:|:|:|:|
PermalinkPermalink 09/01/09 @ 11:43

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msg Comment from: Sami [Visitor]
Folks,

What the Sheik does with his money it is his business. I am happy for him his wealth is growing by day. He did lots of good for so many forgetten Ethiopian Heros not to mention supporting the soccer teams including the Ethiopian National Team. Why are we jelous? By investing wisely he keep buliding his business empire to the level where it is now. This particular news should make us Ethiopian happy. From some of the comments I read here in this forum some are really personalizing to the point of insulting. I told a very close friend of mine Obama is lucky for being from Kenya. If he was Ethiopian we would have seen negative campaign against him.

Jelousy is a type of disease that makes certain individuals comment the way they comment about Sheik Mohamed Hussain Al-amoudi
What is so wrong/bad about becoming #2 or 1?

Sami
PermalinkPermalink 09/01/09 @ 11:57

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msg Comment from: Qorqoro [Visitor]
If Al-Amudi Christian Orhodox Neftegna will worship him 24h.



Shegaw - Yayew Hulu Yidenekal [Visitor]


qorqoro ass
PermalinkPermalink 09/01/09 @ 12:01

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msg Comment from: ABDISSA [Visitor]
Black boy
Yemeni father + Ethiopian mother still makes him Yemeni!

Oh, what type of calculation is it?
I think you are living in a dark house with your black mind and name.
Sorry.
To me Alamudi= All the so called Ethiopian diaspora X 1,000,000-----
PermalinkPermalink 09/01/09 @ 12:01

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msg Comment from: wadani [Visitor]
These money is the country's looted resources and wealth by woyane and its a stolen wealth of Ethiopia by this thugs rebels of TPLF. This man called Al-Arab Mohamoud is simply a manger of TPLF X-company.

Don't you guys understand these yet?
where he did he got it such a huge money unless its the looted money of Ethiopia.Give us a brake.
PermalinkPermalink 09/01/09 @ 13:00

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msg Comment from: Nunu Assefa [Visitor]
Why does not this thug of thugs pay his debt he owes to ethiopian banks,
PermalinkPermalink 09/01/09 @ 13:00

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msg Comment from: Fasil oakland [Visitor]
Amare

what you talking about? do you have evedense that he bend sisters in DC area or did you tried him to make money? don`t write vulgar.
are you a secssesful person? if so,when stupid people get secsses, they become more stupid instead of to respect what they get.
PermalinkPermalink 09/01/09 @ 13:42

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msg Comment from: Gelmo Kurra [Visitor]
Maybe someody will write a book on AlAmouediand tell us where and when he got all this money. At leaast a few years back he was one of the richest people in the world since he started working in Ethiopia and it seems that his wealth has grown up so much that he is the second richest man in Saudi and the one of the richest in the world > I forgot exactly ay what stage he is. Please tell us how he becane so rich did he invent anything,did he inherit anything. On the social side how many wives does he have? How many children does he have? are hiswivesEthiopians ,Arabs Europeans where do they live. His three brothers who all come to Ethiopa and started businesses are they also form the same father and mother of Alamoudi? do they have children? how many wives do each have?are they also Ethipians Arabs Europeans?What business are they in?
PermalinkPermalink 09/01/09 @ 13:59

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msg Comment from: Abel [Visitor]
We all know He doesn't really get that much of a profit with his Business as much he does from out side of Ethiopia. It is a pleasure having him in our country. He has provided and created hundreds of thousands of jobs. We all should be proud of him. Thanks
PermalinkPermalink 09/01/09 @ 15:54

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msg Comment from: Yoni [Visitor]
Shegaw,Eclad,Observer,Black boy,Kiki and Nunu Assefa.

"It is one thing to keep quite and make people think you are stupid, it's quite another to open your mouth and prove it".

May God bless sheik Mohammad AlAmoudi and may he live a long life.
PermalinkPermalink 09/01/09 @ 15:55

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msg Comment from: visitor [Visitor]
observer [Visitor]

I bet you and the rest of the rif rafs here hold one of the Western passports after so many years of Assylum in the west but still claim to be Ethiopian. Right?

So why not for Al Amoudi?
PermalinkPermalink 09/01/09 @ 16:08

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msg Comment from: visitor [Visitor]
Th smart swedes honor him with
Royal Swedish Order of the North Star by King Carl XVI !!!

While Mekengna Habesha try to bring him down in any way they can!

Aye Senef Habesha Rasu Aysera, Sewen Ayasera!
PermalinkPermalink 09/01/09 @ 16:14

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msg Comment from: G [Visitor]
If Al-Amoudi was Christian not only Orhodox Neftegna will worship him 24/7 but also build a statue at Meskel Square and bow and kiss the floor every time they pass through..:p
PermalinkPermalink 09/01/09 @ 16:20

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msg Comment from: sayee derso [Visitor]
By the way, what is money with out love? this guy, true to his woyane back ground, has no slightest sympathy to the people of Ethiopia, by the virtue of being under the woyanes' brutal oppression who lead a miserable life. woyane as a club of the heartless, do not know affection, cooperation and sympathy. they do not know humility. they take themselves as smart by making people suffer for any simple greed. the guy we are told to succeed in business is a pig who does not feel what hunger feels like, not because he does not know it but because he is one of the monster woyanes. if it were not his woyane background it would not take him any time to realize that unearned money is no success. i recognize him as a world class looter who does not even pretend to be fair. see! he makes most of his fortunes from the whole of ethiopia with out a slightest trickling to the unfortune ethiopian people but to the land of woyanes. if there were any shred of humility in woyanes' camp, the guilt of looting hungry people would have killed them all.
PermalinkPermalink 09/01/09 @ 16:27

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msg Comment from: Tzbt [Visitor]
Those of you who accuse this man of looting the country, please take a moment to think of how much you have sucked the tax money of the poor farmer and fled the country to wherever you are now, serving those who never want our growth. This man has done nothing wrong except extending his helping hand to so many who needed. With his companies he has done again nothing wrong except opening job opportunities and making a difference in the life of so many. I don't think you guys even help your poor parents leave alone help the country. Just live wherever you are munching your McDonald.
Mr. Shegaw Yayew hulu ....you are nothing but ye Shabia aleqlaqi neh.
PermalinkPermalink 09/01/09 @ 16:35

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msg Comment from: addis zemen [Visitor]
Natural (visitor)

Thank you for your heart felt blessing you gave him.he deserves it.
This is a great success story which should be told again and again.Sheh Alamudin is one of the reason for all buisinesses in Ethiopia to exist these days. he came to Ethiopia at the right time when a new gov't took power and our country's feuture was very uncertain.but alhamudin didn't hisitate to invest his money,millions of dollars,by that atracting thousands of ethiopians from outside of the country to be confident enough to do buisiness back home.he built the biggest hotel in africa which is to his credit to keep OAU and other international ORG.to stay in the country.he helped thousands of indivduls ,he built hospitals,etc...his company's in Ethiopia are the biggest employers in the country,openning job opportunities for thousands of Ethiopians.
people who don't want to give him credit have their own agendas mostly politics.these are people who live in the west enjoing democracy,who want to deny him his democratic right when he chose the current gov't they cried foul and start treating him as an enemy.this is just blind hatred or ignorance.
Alhamudin you are always Ethiopia's son who came to the risk when we needed you.
THANK YOU AND GOD BLESS YOU !!!
PermalinkPermalink 09/01/09 @ 16:44

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msg Comment from: ago [Visitor]
some shabia does like al amodi
PermalinkPermalink 09/01/09 @ 16:44

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msg Comment from: yigermall [Visitor]

europeanochu zerun,haymanotun,zeginetun,sayayou,hagerachewun sitteqimmu.egnaa ginn hulgize beteqaraniww eyehedinn be dehhinet layyy eneraqeqallenn....ayy silittannee???????
PermalinkPermalink 09/01/09 @ 17:07

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msg Comment from: Abraha Deboche [Visitor]
Has any one added Ethiopia and its seventy million people that are also a property of Al-Amoudin and EFFORT, Inc.

If you put that wealth he will be number one in Saudi Arabia.

He will not get any respect in Ethiopia for being an ally of TPLF both in business and politcs..

Can anyone tell me how much money this man gave for charity ? Do not include Tigray Development and that is not a charity it is a business empire the Sheik has a big share.

The millions of dollars he gave for Clinton foundation truly define this man, he is a TPLF cadre too.


PermalinkPermalink 09/01/09 @ 19:03

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msg Comment from: Shegaw - Yayew Hulu Yidenekal [Visitor]
So this "shiritan yemeni" is richer than the king of Saudi Arabia? interesting
PermalinkPermalink 09/01/09 @ 20:21

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msg Comment from: elcad [Visitor]
Yoni, Addis Zemen and other dump advocates of Alamoudi -

You guys need to get your head out of your ass. Alamoudi doesn't help anyone; he is there only for money just like every other corporation on planet earth. Nothing wrong with that, if we just say it as it appears and stop being disingenuous. Making money and becoming entrepreneur is the fundamental way of free market as long as we allow others to get their fair share. You think paying 3 cents to every 10 dollars he borrowed from Ethiopia is helping Ethiopians and that they should be grateful? If someone took your land, your capacity to compete in free market (as he monopolizes businesses from car rental to gold mining) dominating your religious beliefs and stow away the country’s rare natural resources using its corrupted leaders and then gave you an orange and an electric blanket (remember that you don't have electricity anymore and perhaps your fingers have been machete off) would you be thankful? Real help starts from building the countries infrastructures from education to agriculture, from launching the smallest clinic some where in the remote village or enabling kids go to school instead of herding goats. Helping a poor nation is not lavishing your latest bimbo with outdated Bimmer or opening Cake Bet or coffee shop for one of your akataris. All of you maggots crying here like a fuck*n baby are either one his beneficiaries or his direct sold out ass kissers who would do any thing as long as the money keep flows to your parsimonious self. Some of you are claiming jealousy is the driving force behind criticizing Mr. Alamodi. Well! I for sure am very comfortable with little I have and I sell my knowledge and skill to survive then to me it would be completely lousy and foolish to even think comparing my self with loaded billionaire and self made flamboyant who uses his fortune to undo others. My concern is only to my home land and its people. I don’t really give a damn care if you believe me or not but that is warranted and the fact.
PermalinkPermalink 09/01/09 @ 21:20

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msg Comment from: Issac [Visitor]
Observer,

Why don’t you be a man and tell us what the real reason that you hate this generous man who has done so much for Ethiopia and Ethiopians. Isn’t it because of his faith?
PermalinkPermalink 09/01/09 @ 21:25

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msg Comment from: balegoba [Visitor]
[I have never came across someone who has confirmed that this flamboyant Arab has done for him or her]... Shegaw yhy

Who helped the girl whose face damaged acid thrown in her face by a boy who could not stand rejection? was it not Alamoudi who paid for her medical treatment abroad? who paid for the late Tilahun Gesese medical treatment? who paid for Tilahon funeral expenses?? habesha know only waay-waay beating chest after someone died. who paid for the first heart surgery clinic in ethiopia? there is no shortage of people who give testimony of Almoudi kindness. I prefer Alamoudi than Tigaru/tchigaru weyane.
PermalinkPermalink 09/01/09 @ 22:03

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msg Comment from: Shewa StaRR [Visitor]
Born in Ethiopia to a Yemeni father

.... and and and...Ethiopian mother?? where is the mother? where is she?

qiqiqiqi... Mr AlAmoudi must feel worthless in Arabia. The Arabs will hopefully learn a great lesson when their oil runs out.
PermalinkPermalink 09/01/09 @ 22:13

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msg Comment from: Shewarega [Visitor]
I miss pre 2005 Al Amoudi. Beyet bayenew endaltebale. If he truly loved Ethiopia as he claims, he could have kept himslef out of politics, and used his influence to bring the regime and its enemies closer, remove the ethnic hatred and truly bring Ethiopians together. But of course, he went the wrong way, the rest is history.
PermalinkPermalink 09/01/09 @ 22:46

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msg Comment from: Ethio Man [Visitor]
I love this man. Not only he help himself and his family, he is also asset to the world. We should be motivated by this man, rather than get jealous and try to tell him what to do with his many. It doesn't matter where he grew up. His mother land is still Ethiopia. Ethiopia always welcome him regardless of his success or religion since it's his berth place.

Instead of cursing successful people like this man, we should prey to God to give us the wisdom and the opportunity like him. If Ethiopia has 10 reach successful people like the Shake, I believe they can help our beloved poor people and take our country to civilization. Lets get motivated and be rich for the sake of our country! I wish this man all the best and more success. We love you. Ethiopia loves you too! God Bless
PermalinkPermalink 09/01/09 @ 23:10

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msg Comment from: Getaw [Visitor]
I got no word to thank this guy I wish we have 3 or 4 like you we will be out of poverty Thank you shehu I pray long life for you every day. please don't follow some stupid comment and keep up your Good work for pure Nation Ethiopia.

God bless and wish you more
PermalinkPermalink 09/01/09 @ 23:12

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msg Comment from: Ethio Man [Visitor]
I love this man. Not only he help himself and his family, he is also asset to the world. We should be motivated by this man, rather than get jealous and try to tell him what to do with his money. It doesn't matter where he grew up. His mother land is still Ethiopia. Ethiopia always welcome him regardless of his success or religion since it's his berth place.

Instead of cursing successful people like this man, we should prey to God to give us the wisdom and the opportunity like him. If Ethiopia has 10 reach successful people like the Shake, I believe they can help our beloved poor people and take our country to civilization. Lets get motivated and be rich for the sake of our country! I wish this man all the best and more success. We love you. Ethiopia loves you too! God Bless
PermalinkPermalink 09/01/09 @ 23:13

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msg Comment from: sahra [Visitor]
Shaikh Alamudin he did good & bad thing to the country & the people. so what if he built roads & Sheraton hotel for his Arab cousins & invest a little bit here & there. In other hand he is looting the country's gold & marble single handily. he never pay tax he wiped out all the nations bank to build most of his facilities or companies more than other citizens who wants to do more in that country. most of all he expand prostitution he rapes every young girl he sees. i don't see him helping them instead to get good education. there are thousands & thousands street kids & orphans i don't see him giving any help for orphanage or open shelter & schools for those street kids he just watch all this things happening & do nothing, instead he goes from one Azmari house to another get drunk act like stupid. with his wealth he could have spent his money for a better cause. i don't really admire him. lets put it this way the only thing he stayed in that country only for his own benefit & greed. he is a sellout & nasty Muslim. PLEASE GOD BLESS OUR BELOVED COUNTRY ETHIOPIA & KEEP OUR COUNTRY SAFE FROM THE VOLTURES LIKE AL-AMUDIN!!! AMEN!!!!
PermalinkPermalink 09/02/09 @ 01:05

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msg Comment from: fawad from jeddah [Visitor]
iam suprised by the comments u people are maing,if he is rich good for him,what is your problm?U SOME FCUKING BAGGERS,U BEGG FOR FEW SLICE OF BREADS IN STREETS AND DESRTS,EVERY ONE SEE U ON TV,NAKED AND BAAGING FOR FOOD AND U TALK AND BRAG LIKE U ARE SOME VERY RICH COUNTRY IN THE WOLRD,DONKEY,LOSERS AND ASS HOLES GO CHECK YOUR MOM AND SIS,GETING BANGED BY SOME UN SOILDER,WHO COME TO GIVE U FOOD,DONT BE jelious go work hard,
PermalinkPermalink 09/02/09 @ 02:45

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msg Comment from: Abyot [Visitor]
Listen up Mikegna Abesha Hulu

I sometimes wonder why Ethiopia is such a backward country, and for anyone who needs a clue, just read some of the comments here.

The very simple fact that an Ethiopian is among the top 100 richest people on the face of the planet should give you pride, instead of ripping this man. And you hypocrites are here to deny him his Ethiopianess, because he holds a Saudi passport. Never mind he was born in Ethiopia, grew up in Ethiopia, went to school in Ethiopia, has Ethiopian mother. None of this matters to you. By your argument, all of you with foreign passports are not Ethiopians either then.

His investments in Ethiopia is a pocket change for him, this man is the single largest foreign investor in Sweden, and has been honored by the Swedish government.

Look, I wish he did not support the Woyanes, but that is his business. The man has done more to Ethiopia that all you combined moronos. You will never make in your entire sorry life what he makes in a day.

You are dispeakable bunches, all you do is run your mouth. Now you go back to your job, you have mortgage to take care of, while Al Amoudi is chil'n. Mikegna Hulu

Not even a Mega Million lottery will make you richer than Al Amoudi, err diben belu.
PermalinkPermalink 09/02/09 @ 03:42

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msg Comment from: Mengistu [Visitor]
If we had a moderate nationalist government (Mengistu was too extrimist and conservative and zenawiw is too much of a slave) but some one who can attract rich enterpernuers, preferrably individuals with Ethiopian origin, prime example of whom is sheik Ali would have been our ideal invester in our country, especially in a mecahnized farming where the end products are sold to us local consumers right at home!!


But the monkies, seating in addis,mimmicing the white peoples' stature are preventing all the good things from happening to our courntry. Generlally, Sheik alamoudin seams to be a very personnable, easy going individual with our heritage. I love the gentle man as I would want to believe that there are great things he did for my country; for example, he helped Tilahun Gesesse through his latter times. In that respect I think we might find that he gave a little back to us, may be 0.00012% of what he made off of us! still better than nothing, I think.
PermalinkPermalink 09/02/09 @ 05:13

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msg Comment from: tofik [Visitor]
mash allah, that is good to heard.

i would like to be rich like him and to do good and to help all my brothers and sisiters.
PermalinkPermalink 09/02/09 @ 06:19

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msg Comment from: ramadaan [Visitor]
that is good to heard,
god bless u.
PermalinkPermalink 09/02/09 @ 06:20

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msg Comment from: Shegaw - Yayew Hulu Yidenekal [Visitor]
balegoba [Visitor]

You are giving two isolated incidents where your al amoudi showed up to give a helping hands only because it was creating a big advertisement for him.
Between us Tilahun Gesese was not a poor man - his family did not need money for the funeral - But your flamboyant al amoudi showed up to advertise himself

Have you ever hear when al amoudi errected a building for orphanage or a school for those handicaped children ...? NEVER
but you will find him in the middle of any big event to promote himself



fawad from jeddah [Visitor]
go learn how to write in proper english before you vomit in an Ethiopian site- ignorant arab
PermalinkPermalink 09/02/09 @ 06:44

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msg Comment from: Bogale [Visitor]
God Bless Al Amoudi!!!!!!
He is the right guy for Ethiopia.
PermalinkPermalink 09/02/09 @ 07:16

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msg Comment from: addis zemen [Visitor]
Elcad (vitor)

You are a very angry man . I sense a lot of hostililty in all of your comments you give in this forum.every thing so negetive,you even contradict yourself.
Some times by the short fused temper you show I am forced to think you must be eritrean.are you? because most of the negative comments in this web site are coming from eritreans.they are so angry that he invested his money to build a lot of good things in Ethiopia. Their ferstration doesn't surprise me rather I anticpate it. But the other so called Ethiopians who said they believe in democracy,and are fighting for democracy, tried to take alamoudin's democratic right when he voted and supported the current gov't.
This is just a pure hypocracy and arrogance.

Elcad all you need is try to make peace with your self. When you finish fighting the demon with in you,every thing will be crystal clear,and you will start seeing things in a normal way. Peace!
PermalinkPermalink 09/02/09 @ 08:39

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msg Comment from: balegoba [Visitor]
"So this "shiritan yemeni" is richer than the king of Saudi Arabia? interesting" Shegaw YHY

Alamoudi has became richer because he diversified his business from US to europe, from middle east to africa, his business in ethiopia is peanut, habesha komata beggars!
PermalinkPermalink 09/02/09 @ 08:45

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msg Comment from: The-mike [Visitor]
እርር፡ በል፡ አበሻ፡ በቅናት፡ተቃጠል።
:no::no::no::no::no:
PermalinkPermalink 09/02/09 @ 09:11

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msg Comment from: G [Visitor]
Shegaw - Yayew Hulu Yidenekal [Visitor]
So this "shiritan yemeni" is richer than the king of Saudi Arabia?

Yes! and he can hire 1,000,000 Debelo qoda Lebash like you as a servant!

PermalinkPermalink 09/02/09 @ 10:06

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msg Comment from: addis zemen [Visitor]
Shegaw segeraw, yayew hulu yarabetal (visitor )

From the name you are using one can tell you are strrugling with inferiorty problem. You keep insulting people in uncntrolable manner untill you run out of words .may be that is the only way to cheer yourself up.I have read your degrading comment you gave to the great champion maryam j. What could be your problem? Are you a mentaly disabled guy who couldn't identify right or wrong.or some fanatic who hates the whole world and thinks the world ows him some thing.
If you can not stand it when you see successfull people,just stop following up news. That is doing yourself a fever.don't fight it.
PermalinkPermalink 09/02/09 @ 10:51

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msg Comment from: Tefera [Visitor]
alamoudi has done a lot for ethiopia from his multi million dollar investment which created jobs for tens of thousands ethiopians to a nursing and other schools as well as money he has donated to various entities. but unfortounately he did nothing to help kinijit. that is why few people here at nazreth are attacking him. i am pretty sure people like elcad wouldnt trash alamoudi contribution prior to 2005 the way they do here.
...
its because of alamoudi that we see all these ethiopians venturing to ethiopia. in other word he opened the door and made us all to be optimistic about our country future which most of you may not be happy about.
as we speak the man is building cement factory that will help ethiopia and of course himself too (hopefully).
.
my advice to my fellow "ene kemotku serdo aybqel" people is to learn 'how to cut your loss and move on'.
Ethiopia is much important than kinijit. let bygones be bygones.
PermalinkPermalink 09/02/09 @ 10:56

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msg Comment from: Shegaw - Yayew Hulu Yidenekal [Visitor]
balegoba [Visitor]

your Alamoudi did not augment the size of his wealth only because he diversified as you claim it.

According to Wiki his portfolios include beside oil refinery in Sweden mining, agriculture, hotels, hospitals, finance, operations and maintenance -

Mr. Moron, hotel businesses are down with this economy; in Saudi Arabia I believe he has a soft drink business - this business does not make you billionaire. His major construction company is in Ethiopia where he has monopolized the construction of the infrastructure - why not as long as he put a hefty commission in the bank of our highness First Lady - and mining as far as I know it is only in Ethiopia again as long as he gives a good commission to the people at the helms of the country he can loot as much as he can

Again according to Wiki - it says that the flamboyant alamoudi has an Honorary Doctorate in Philosophy from the Addis Ababa University - Really ??? So this shiritan can hold a debate on Descartes or any other social philosophers? I wonder why the Addis University did not bestow on him Doctorate of "sucking the wealth of a country"??? don't they have this major in their school yet???
PermalinkPermalink 09/02/09 @ 12:21

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msg Comment from: amare [Visitor]
jealousy!! all this mean spirited comments are from desperate diaspora. The man is successful billionier before he invested a penny in your dirt poor country. Many of you, who insult him used to worship him when he used to come to 'puck' your sisters in DC and LA. Fasil used to drive his sister from Okland to LA when the sheik comes to town. Now he is tired of pucking them and giving money. He is an enemy. May Allah bless the sheik. you may live 150 years pucking all the young chicks. you can afford it and it's too cheap for you to have them all.
PermalinkPermalink 09/02/09 @ 12:36

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msg Comment from: Jegna [Visitor]
fawad from jeddah [Visitor]

You live a drives away from Mecca and this the filth you say during Ramadan. You are a disgrace to Islam.
PermalinkPermalink 09/02/09 @ 12:41

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msg Comment from: amare [Visitor]
Shegaw - Yayew Hulu Yarabetal
Yes, Ato Tilahun Gessess was poor, alcholic and terminally ill. Alamoudi saved his ass and gave him a lot of money. what do you know? Nothing. He helped so many people all over the country from children (orphans) to hospitals. You are just an empty and angry nobody. The Sheik created more jobs and wealth than anybody. Stop bullshiting.
PermalinkPermalink 09/02/09 @ 13:24

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msg Comment from: Shegaw - Yayew Hulu Yidenekal [Visitor]
Tefera [Visitor]
You wrote:"alamoudi has done a lot for ethiopia from his multi million dollar investment .."

What the fuck are you talking the man came without a capital in ethiopia and he learn how to borrow money from ethiopian Banks & he monopolized the construction of the major infrastructure and from there it is history.

Ethiopia gave him the chance to be wealthy - no other industrial countries or arab countries will give him the privilege that Ethiopia gave him.
PermalinkPermalink 09/02/09 @ 13:45

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msg Comment from: elcad [Visitor]
Addis Zemen -

Thanks for your Psychological tip & experiment but please don't quit your day job(if you have one). For your info. I do not have temper nor has lack of peace in my conscious. I do however possess deep passion when it comes to my home land and the orchestrated effort by the current rulers to systematically dismantle my country. Your master Mr. Ala Moudi is the accomplice and one of the bankrollers to fund this evil endeavor just to add more profit on his already loaded financial empire. Although you are so unsuccessful and incapable of linking my patriotic feeling as personal problem, I advise you get your facts together and analyze one’s purpose before moving your tail and jumping yourself in to quick and wrong conclusion. Dissent is not craziness but ownership of self principle. I hope you gain more wisdom & articulate further substances in your next attempt. So long!! By the way You think I am Eritrean? What a Physcic!
PermalinkPermalink 09/02/09 @ 13:53

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msg Comment from: nebster [Visitor]
congra for being the richest black man!!!
PermalinkPermalink 09/02/09 @ 14:04

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msg Comment from: ShambelTefera [Visitor]
I proud my self b/c that is a good to heared.
Shiek Mohammed Al moudi has done alot for Ethiopian his investement and creat of a job for thousend of pepoles. he is from Ethiopia he love his mother country thats why he did his best. keep it up

God Bless you
Shambel
PermalinkPermalink 09/02/09 @ 15:18

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msg Comment from: tilahum [Visitor]
Shegaw,Eclad,Observer,Black boy,Kiki and Nunu Assefa
I believe all of you are parking lot attendents and u cannot even feed yourselves. Our beloved country does not need beggers. Anyway just keep barking and crying because u guys cannot successed nothing in fact, you all will burn ur hearts 24 hr with jealousy. I know jealousy can't be cured. However,u all should stop reading this kind of articles that way u guys can live peacfully with ur poor life. get life morans!
PermalinkPermalink 09/02/09 @ 15:34

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msg Comment from: ShambelTefera [Visitor]
I proud my self b/c that is a good to heared.
Shiek Mohammed Al moudi has done alot for Ethiopian his investement and creat of a job for thousend of pepoles. he is from Ethiopia he love his mother country thats why he did his best. keep it up

God Bless you
Shambel
PermalinkPermalink 09/02/09 @ 15:34

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msg Comment from: Fasil oakland [Visitor]
Amare

It looks like you working as a
-pimp-, the way how you trying to explain about Sheki, coz you diden`t even know me to start talking about my sisters..... I think you better stop to be ob'du-rate.
Try to show us an innocent comments.
PermalinkPermalink 09/02/09 @ 16:18

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msg Comment from: meskerem bekele [Visitor]
sir sheke al-----modin i appraciate wat u doin and good fam u r good person who employess 40,000 people in medrok ethiopia. well i think you got the energy of making our beautiful country better with all ur ppl...
good luck gashe sheke Mohammad Al Amoudi. keep it up:
:)):D
PermalinkPermalink 09/02/09 @ 16:37

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msg Comment from: Tefera [Visitor]
shegaw i dont know the details as to how much loan he took from ethiopias bank for his investments and i doubt you know either. no one even knows whether he is earning income, which he is supposedt to, and how much from all his investments in ethiopia. but i doubt he does and the man say he doesnt and for now that sounds believable. even the gold income will not bring his wealth to the fraction he has.
....
by the way ethiopias icon tilahun gesese was poor and helpless up until alamudi start to take care of him so much so that he cries every time he hears the name alamoudi.
PermalinkPermalink 09/02/09 @ 16:49

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msg Comment from: Frehiwot Asfaw [Visitor]
I am one of the person who respect and apreciate Sheik Mohamed Al Amuodi b/c you are one in a milions. you are a hero i wish all the best and more sucess, God bless you.

Fere
PermalinkPermalink 09/02/09 @ 19:10

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msg Comment from: challenger [Visitor]
The only issue I have with Al Amoudi is the fact that he is a stinking Arab and by extension a Sodomite. Hey the cross-dressing fag, fawad from jeddah, let me rub it to your face, you piece of dung, one day the whole world will bow down to Ethiopians, as the Egyptian did to Joseph, the son of Jacob/Israel who also happen to be a refugee or slave. The fact that Al Amoudi has Ethiopian blood should be a harbinger to you savage Arabs. Do you think the Israelis are powerful? Wait until you see the Ethiopians (the bread begging Ethiopians,) who used to be your master a while back, bounce back to their lost glory one more time. There is a reason why they are migrating on all directions. They will soon captivate and enslave the entire world with their uniqueness, unlike you animals who have to blow up anything civilization. Consider yourself warned.
PermalinkPermalink 09/02/09 @ 20:02

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msg Comment from: Issac [Visitor]
Shegaw,Eclad,Observer,Black boy,Kiki and Nunu Assefa


Why don’t you religious bigots come out of your closets and tell us what your real reason is for hating this man who has done so much for Ethiopia and Ethiopians? If his name wasn’t Mohammad Al Amoudi, I am sure we would not have this discussion. Actually you would have petitioned the government to declare a holiday in his name. It is a pity that people like you do exist in this day and age

PermalinkPermalink 09/02/09 @ 20:29

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msg Comment from: challenger [Member]
Issac,

You are damn right, Ethiopia is a Christian country. But still lets its people worship whatever their hearts so desire, including a violent cult of a personality that passes for a religion. I'm proud to be Ethiopian, and I don't know why anyone wants to be part of the lowest form of civilization in the world -- the Isalamo-fascists of the Middle East. My guess is if the oil-wells of Arabia go dry, most of the Ethiopian Muslims would find their common sense or wake up from their dreams of 72 virgins awaiting them in jenet.
PermalinkPermalink 09/02/09 @ 20:46

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msg Comment from: Shegaw - Yayew Hulu Yidenekal [Visitor]
Frehiwot Asfaw [Visitor]

how much is your compensation to promulgate your stupidity or are you one of his current sex toy? Girl, enjoy it while you are the flavor of the week because the rumor is that the shiritan gets bored after a week and he looks for another to replace you
PermalinkPermalink 09/02/09 @ 21:09

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msg Comment from: zuzu [Visitor]
That's why u are called appropriately YE-KURT KEN LIJ.Sir,regardless of the few who spit on this board Ethiopia will always remember you as her golden son.
PermalinkPermalink 09/02/09 @ 21:32

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msg Comment from: Halafi Mengedi [Visitor]
Al Amoudi is the dean of corruption in Ethiopia. Unless he bribes in every level of the Government bureaucracy, he will not get any license to do business in Ethiopia as he wishes.

Do you guy think Meles will allow him to suck Ethiopia Gold unless Al Amoudi give certain percentages to Meles?

If Ethiopians want to recover all the looted money from Meles, responsible Ethiopians should catch Al Amoudi and Berhane Gebre Kirstos who is stationed in Belgium, Europe. Both of them have the complete Bank accounts and related documents.

PermalinkPermalink 09/02/09 @ 23:27

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msg Comment from: I hear you all [Visitor]
I am not sure where to start.
All opinions/comments/suggestions/recomedations/directions/insults/respects lead to nothing but disgrace to all people of this great nation we all admire and fight for. This person whether he is from this or that nation could invest his money where he pleases despite where he gets it from. For this reason, it is better to acknowledge the fact that he is, one-way or the other, investing the portion of his wealth in this nation we all agree to love dawn to earth. It is better to be on the right side of good policies than stupid politics!
PermalinkPermalink 09/03/09 @ 01:15

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msg Comment from: Observer [Visitor]
I am re posting my original comments because many janjaweeds have said so much about my comment which has nothing to do with jealousy, faith, hate of the businessman etc etc.

According to my posting which follows here I simply clarified to folks who keep saying Ethiopian businessman in which the man is legally a Saudi citizen. Second I only ask how he do business in Ethiopia which is transparency that is prerequisite in clean business dealings and democracy.

Our janjaweeds keep asking my citizenship, my faith, and talk about nothing relevant to my comments. Some pray for this rich guy to have more money. If I pray I pray for millions who are facing famine. Reread my original comments as follows.


"Gondar:
What language do you understand better? The English language clearly stated that this man is not Ethiopian. He is a Saudi citizen.

I still don't understand what kind of business this foreigner do in Ethiopia and how much Ethiopia benefited from his business. No transparency no one knows except the woyanes who take his money.
I heard that he controls all the gold of Ethiopia and yet what is Ethiopia's share no body knows except Meles and his wife.
In such corrupt business deal every citizen have the right to ask what this guy is up to. Make it official then we will see whether he is bleeding our country or helping.

Amare: Define Ethiopian. This man is a Saudi citizen. >:XX Look what you said on above. You are typical janjaweed.
PermalinkPermalink 09/03/09 @ 01:33

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msg Comment from: straight shooter [Visitor]
ኢትዮጵያ ሆይ ተነሽ ክብርንም ልበሺ:
በአዲስ ምስጋና ይሞላ ልብሽ:
የተወደደ ነው በእግዚሃብኤር ህዝብሽ::

ንብረቱ ጠፊ ነው ከንቱ የማይረባ::
በግፍና ቅምያ በአመፅ የገነባ::
ሲሳይሽ ብዙ ነው ከአምላክ የተሰጠሽ:
በረከት ለማግኘት መስራት ነው ጠንክረሽ::
የአአዛብ ብልፅግና አያስቀናሽ ፍፁም:
ኃላፊ ጠፊ ነው ምኞቱም አለሙም ::
ደመና ነውና ይበናል በቅስፈት:
በግፍ የተገኘ የተከማቸ ሀብት::
ይልቅ በቅንነት በሰላም ለሰራ:
ሲሳዩ ብዙ ነው ክብሩም አያባራ::
ጉቦና ፍትህ ህግ ማጣመም እንዳለ:
ከወንጌሉ ጋራ አለብን መዛመድ::
እግዚአብሄር ያለው ሰው ለሱ የታመነ:
ከግፍ ስራ እመም አካላቱ ዳነ::
ክርስትያን ነኘ ብሎ ጉቦ የሚበላ:
የሚያቃጥል እሳት ያገኘዋል ኋላ ::
በመታመን ፀጋ ይጠራ ስማችን:
እውነተኛ እንሁን ለውድ ሀገራችን::
የራሱን ሳይሻ ላገር የሚያስብ ሰው:
በአግዚአብሄር ዘንድም የተወደደ ነው::

ኢትዮጵያ ሆይ ተነሽ ክብርንም ልበሺ:
በአዲስ ምስጋና ይሞላ ልብሽ:
የተወደደ ነው በእግዚሃብኤር ህዝብሽ::አ

- ይልማ ኃይሉ::
PermalinkPermalink 09/03/09 @ 04:21

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msg Comment from: yekuarawjegena [Visitor]
Thanks nazret we heard good news . by the way meneyewtewal repoter gazeta . repoter go to hell!!!
PermalinkPermalink 09/03/09 @ 05:51

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msg Comment from: G [Visitor]
Challenger,
Yes you been wishing for that oil to dry for how long now? For Al Amoudi to turn poor? Huh... Guess what? That ain't happening! Almoudi and the rest of the folks you wish to disappear are getting richer and stronger while you Suedo Christians of the cave age with inferiority complex are getting poorer by the day! I can see your ugly face turning green with envy…lol.. with full of envious people like you no wonder that poor country can't go up any further.Sad!

PermalinkPermalink 09/03/09 @ 06:13

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msg Comment from: Black Boy [Visitor]

WHAT EVER some of you Guys worship him like he is a GOD because of his $$$$$$! "Oh God bless you Alamoudi" :lalala: it is Ethiopian new year soon, so let's celebrate and worship Alamoudi, you people do it every year! I am surprised he has not said Ethiopian new years day is his birthday or many of you will rush out to buy cards for him 88|
I hear he is planning a Jackson 5 concert in Addis, tickets are 3000 birr + all you can drink St George and all you can eat Tibbs LOL
PermalinkPermalink 09/03/09 @ 06:56

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msg Comment from: Mel [Visitor]
Look guys!you are dumb. How you comment Al Amoudi looted EThiopia. It is absurd. He came to Ethiopis with his fortune. For that matter when he came to Ethiopia, Ethiopia didn't have that much wealth. He contributed to transform that poor country. He invested his fortune in a place no other billionaire or developed country would otherwise. He spend his fortune to help many unfortunate people, including Artist Tilahun Gessesse. You guys are desperate and get joy by demeaning other successful people. Where is common sense. You look like talking politics. He is not a politician. He is not even Ethiopian (technically). Why not you guys comment on other foreign investors or countries investing in Ethiopia. It is a paradox that Ethiopians in all class of economy are jeleaous on their own citizens. It is a curse! Just because Al Amoudi is half Ethiopian and he loves Ethiopia (his country of birth)you guys have a lot hate and jelousy. So embarassing. You will not change the Sheik's life or his fortune.If you have issues talk to your government, not demean people who makes a difference to the millions like Al Amoudi.

Grow up people. Get Educated.
PermalinkPermalink 09/03/09 @ 09:26

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msg Comment from: dereje [Visitor]
observer what about dr.brhanu who is not ethiopian citizen. in fact arent many diaspora ethiopians who live in the state American citizens. does that mean they are not ethiopian, according to you.
please move on and try to work hard to become like this man. as we speak he is making millions$.
PermalinkPermalink 09/03/09 @ 18:27

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msg Comment from: Hilawi [Visitor]
Good for him. It is nice to accumulate fortune and it is good he invested in his country, Ethiopia. Sorry to say, I have no respect for this guy. In my eyes, he has no value, and money doesn't buy that. He is not a good example for upcoming riches in our country. It is disgusting to hear a guy as old as he is, dating(use and throw) young girls. In the passage of time, such dirty acts may be considered as part of the culture. Sorry to say, again I am telling you I have no respect for this guy. Money doesn't buy decency, but moral value is.
PermalinkPermalink 09/03/09 @ 20:05

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msg Comment from: Issac [Visitor]
I am reposting my original comments so that decent Ethiopians can see thru charlatans like: Shegaw,Eclad,Observer,Black boy,Kiki , Nunu Assefa and their likes for what they are,


Why don’t you religious bigots come out of your closets and tell us what your real reason is for hating this man who has done so much for Ethiopia and Ethiopians? If his name wasn’t Mohammad Al Amoudi, I am sure we would not have this discussion. Actually you would have petitioned the government to declare a holiday in his name. It is a pity that people like you do exist in this day and age
PermalinkPermalink 09/03/09 @ 20:52

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msg Comment from: kitfo [Visitor]
American companies love the cheap labor of China so almost all of them left behind thier country where labor is really expensive. In addition these companies get cheap skilled labor there and paticularly the political situation of the country is stable too.

Having investors was not a new thing to Ethiopia until all of them were kicked out because of Socialism. Only the one with the bidder was given a chance of making a contract, but now with out any bidding every thing is offered to one investor using the time as a pay back time for what Al amoudi did for Woyane when they where in the jungle. How come Al amoudi doesn't love making business when he gets everything really cheap starting from labor.

By the way long time ago I watched an interview with our Foreign Minister Mr. Seyom that made me shocked when he answer about the opportunity of making investments in Ethiopia. He said " One of the good thing to invest in Ethiopia is the cheap labor we have." As a leader he put us all down. At least explaining the availablity of human forces was a samrt way to go.

PermalinkPermalink 09/03/09 @ 23:22

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msg Comment from: Issac [Visitor]
Before Mohammad Al Amoudi risked his hard earned money to invest in Ethiopia knowing full well:

- How unstable the regime was
- Ignoring the international business community’s warning about investing in Ethiopia, a country at the time seen as unstable and a failed state (some may think it is the case today; a discussion for another day)

Can anyone of you who are attacking this man, name a single international investor who risked his hard earned money and invested in Ethiopia before Mohammad Al Amoudi did? I know the answer is NONE, NADA.

By the way are you aware that the hundreds if not thousands of investors who followed Mohammad Al Amoudi footstep and started investing in Ethiopia? He basically opened Ethiopia’s door to other investors. Just a little education to those hate mongers
PermalinkPermalink 09/04/09 @ 16:01

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msg Comment from: ታሪኩ አበበ [Visitor]
በጣም ጥሩ ላንድ አካባቢ እድገት። ግን ብዙ መጥፎ ነገሮችም አሉ ወጣቱ በጣም በገንዘብ ተታሎ ሃይማኖቱን መለወጥ ሊኖርበት አይገባውም። ብዙ ጊዜ ጠላት በደካማ ጎን እነደሚገባ ምገንዘብ ጠቃሚ ነው። እኔ በምችለው እያንዳነዱ ሃይመኖት ማክበር ግዴታዬ ነው። ይህ ያለም ሀብታም ነኝ የሚል ሰው ከርሱ ልቦና በንግር ለካባቢው ህዝብ በግለጽ መቻል አለበት። ጋዜጠኞች ይህን ሳታቑ አትቀሩም ግን ነገሮቹ በዳፈነው መቅረት የለባቸውም። ሁሉም ሰው አገሩ ነው ግን መከባበር በትልቁ ትልቅ ችሎታ ነው። እንከበር አንታለል!!! ስቶቻችን የማንም መጫወቻ እንዳይሆኑ በጥብቅ ትምህርት ይሰጣቸው። የሰው ልጂ የማንም አለኝ ባይ አሻንጉሊት አደለምና በጥበቅ መታሰብ አለበት።
PermalinkPermalink 09/04/09 @ 18:34

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msg Comment from: kind [Visitor]
i know nazrets post the comments that fit them. most time the true and geniune idea doestn't fit them.
any how,coming to my point , it good for Al mudin to be rich,but why some of Ethipians worhip him like their god. May be he only invest one percent of his capital in ethipia. and suckig money from there. he is not investing back to that community. so people who appriciate him should know that how much benifit our community is getting from him?????????????????????
PermalinkPermalink 09/05/09 @ 12:27

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