Top 100 Arabs 2024

85. Mohammed Hussein Ali Al Amoudi

Owner, MIDROC

Origin: Saudi Arabia/ Ethiopia

Residence: Saudi Arabia

Sector: Diversified

2023 Rank: 88

Mohammed Hussein Ali Al Amoudi’s influence – through his business and philanthropic arms – stretches across Africa, Europe and North America.

Al Amoudi oversees a vast portfolio of industrial assets, with significant holdings in Sweden, Saudi Arabia and Ethiopia. His interests include MIDROC Ethiopia, Preem Petroleum and investments in Granitor, among other ventures.

Established in 1996, MIDROC Investment Group holds a special place in Al Amoudi’s business endeavours.

It operates as part of the global MIDROC International and is the largest business entity in Ethiopia. Al Amoudi has, as part of his business mission, committed to substantial philanthropic efforts in the field of education, training, and healthcare in Ethiopia.

Lana Nusseibeh

Huda Kattan