Mohammed Al Amoudi

Mohammed Al Amoudi General Information

Description

Mr. Mohammed Al Amoudi is an Angel Investor investing in private equity. He is the Owner of Corral Holding Maroc. Al Amoudi made his fortune in construction and real estate before betting on energy. His Swedish refinery Preem is now evaluating expansion possibilities into the renewable fuels sector, while his Svenska Petroleum is developing a new field off the Ivory Coast. Has invested more than $1 billion in Ethiopia, from hotels to gold mines. r Al Amoudi believes that private capital can be used systematically as a building block in the development of emerging national economies. He is hopeful that other business leaders and philanthropists will adopt the same model. He has facilitated technology transfer from Europe through Sweden while his experience as a successful Saudi businessman has helped create the infrastructure for further Ethiopian national development. Although a businessman first and foremost, the Sheikh is an advocate of global modernisation, one who affirms that his first duty, as an international entrepreneur, is to help create improved conditions for the wider population through active investment in education, economic infrastructure and transfers of technology both in the Kingdom of Saudi Arabia and in Ethiopia and across the emerging world.