Mohammad Hussein Al Amoudi was born in Ethiopia sixty years ago to a Yemeni father and was raised in Saudi Arabia. He made his first fortune in construction and real estate before branching out into buying oil refineries in Sweden and Morocco.

Today he is one the largest foreign investors in both 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.

Today Al Amoudi 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 [a petrochemical and refinery company in Morocco], Naft Services Co. [Saudi Arabia] and Fortuna Holdings Co. [Lebanon].

This year Amoudi has been bidding to operate, through Midroc, Ethiopias Calub gas fields. Corral has agreed also to provide fuel products to the Senegalese Electricity Company (SENELEC) to enable it meet demands for electricity from the countrys government.