MIDROC is a global investment group, wholly owned by Mohammed Hussein Al Amoudi. It has substantial interests in petroleum, agribusiness, property, industry and industrial services, engineering and construction, tourism and trade and investment, largely in Europe, Africa, the Middle East and North Africa.
Mr Al Amoudi migrated from Ethiopia to Saudi Arabia when he was 19 and became a full citizen of the Kingdom in 1965. He built up a private fortune in construction and property before diversifying into the downstream energy sector with major refining and retail investments in both Lebanon and Saudi Arabia.
MIDROC has an international focus with three main operating companies: MIDROC Middle East (based in Saudi Arabia), MIDROC Europe (based in Sweden) and MIDROC Africa where the company’s focus is heavily on Ethiopia. It also has separately managed and significant petroleum interests.