WSJ- Saudi authorities released billionaire Mohammed Hussein Al Amoudi after nearly 15 months of detention, Ethiopian officials said, the latest in a…
Bloomberg- Saudi-Ethiopian billionaire Mohammed Al Amoudi is in the custody of authorities and has been charged with corruption and bribery, a Saudi…
Saudi authorities are still holding royal family members, ministers, and top businessmen in detention, and are making more arrests months after the…
ADDIS ABABA, Ethiopia – Ethiopia’s players were promised more than $100,000 each Wednesday if they win the African Cup of Nations on…
National Mining Corp., a closely held company majority-owned by Saudi billionaire Mohammed al-Amoudi, said it has 128 tons of gold ready to…
Nigerian billionaire Aliko Dangote is no longer the richest black person in the world. He’s been ousted by Ethiopian-born Saudi billionaire Sheikh…
(Bloomberg) — Derba Group, an amalgam of three Ethiopian companies owned by Saudi billionaire Mohammed al- Amoudi, said it plans to invest…
Derba MIDROC Cement Plc, Ethiopia’s biggest cement factory, was inaugurated here on Sunday in the presence of Prime Minister Meles Zenawi and…
An Ethiopian-born billionaire has won £175,000 in libel damages over allegations he had hunted his daughter down so she could be stoned…
Forbes magazine puts Carlos Slim on the top for the second year of annual world billionaires list. According to the Forbes Mexican…