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DJIBOUTI Issue dated 04/01/2021

Mohamed al-Amoudi tightens his family's grip on hotel business

Saudi-Ethiopian magnate Mohamed al-Amoudi.
Saudi-Ethiopian magnate Mohamed al-Amoudi. © Mohamed al-Amoudi/Facebook
By appointing one of his sons-in-law to the board of the firm whose portfolio includes the Sheraton hotels in Djibouti and Addis Ababa, the Saudi-Ethiopian magnate has consolidated his control over his Djiboutian subsidiary. [...] (317 words)
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