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

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. [...]

Published on 04/01/2021 at 06:00 GMT Reading time 2 minutes

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Business

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A.C. Ries
Accor
Alain Delacourte
Caterpillar
Constellation Hospitality Hotel Management LLC
Houssein Mahamoud Robleh
Hussain Omar al-Amoudi
Kamaj
La Société djiboutienne d'hôtellerie et du tourisme
MGallery
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Mohamed Hussein Al-Amoudi
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Novotel
Pullman Living
Sheraton
Societe djiboutienne de gestion du terminal vraquier

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Salic CEO Sulaiman al-Rumaih (left) and Olam group CEO Sunny George Verghese.

Ethiopia, Saudi Arabia, UAE
In mediator roles, crown princes MbS and MbZ jostle for influence in the Horn

Over the past year, UAE Crown Prince Mohammed bin Zayed al-Nahyan has actively sought to bring together Egypt, Ethiopia and Sudan, while his Saudi counterpart Mohammed bin Salman for his part, has been fostering ties with Addis Ababa.

Subscribers only Diplomacy 26.04.2022

Saudi Crown Prince Mohammed bin Salman (l) meeting with Abu Dhabi Crown Prince Mohammed bin Zayed al-Nahyan (r) in Abu Dhabi, UAE, 8 December 2021.

Djibouti
IOG forges links with Monaco

The president of Djibouti wants to strengthen diplomatic, but above all economic, relations with the principality of Monaco.

Subscribers only Diplomacy 29.09.2021

Alexis Mohamed, special advisor to the president of the Republic of Djibouti, and Pierre Dartout, Monaco Prime Minister.

Djibouti
Accor partnership gives Kamaj boss grand ideas

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Djibouti
IOG overcomes hurdles to bag two contracts in Paris

When CAC 40 heavyweights met Djibouti's president and his team in Paris on 11 February there appeared to be some crossed wires.

Subscribers only Business 18.02.2021

Djiboutian President Ismail Omar Guelleh at Medef International, 11 February 2021.

Africa
Qatar funds Accor's African hotels

After thrashing out the deal for more than two years, French hotel giant Accor has transferred its African hotels to the Franco-Qatari Kasada investment fund. Financial entities based in Luxembourg, Mauritian and Qatar are involved.

Subscribers only Finance, Business 25.01.2021

The Sofitel Abidjan, in Ivory Coast, one of the hotels whose physical premises have been sold by AccorInvest to Kasada.

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Djibouti, Somalia, Somaliland
Ambassador Hotel seeks a berth in Djibouti

The manager of one of Hargeisa's leading hotels, Khader Aden [...]

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Algeria
China's CSCEC to build Accor and Mehri's hotels

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Ethiopia
The authorities at loggerheads over al-Amoudi

According to our information, Prime Minister Abiy Ahmed Ali will shortly be travelling to Riyadh and will be raising the [...]

Subscribers only Business 18.05.2018

Ethiopia
Al Amoudi moves to buy Hilton

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Alain Bejjani (left) has been replaced by Ahmed Galal Ismail (right) as CEO of the UAE-based Majid Al Futtaim Group, whose main shareholder is now Tariq Al Futtaim (centre).

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MbS is keen to make his Vision 2030 strategy the main focus of the visit.

Set up email notifications for these topics

A.C. Ries
Accor
Alain Delacourte
Caterpillar
Constellation Hospitality Hotel Management LLC
Houssein Mahamoud Robleh
Hussain Omar al-Amoudi
Kamaj
La Société djiboutienne d'hôtellerie et du tourisme
MGallery
Midroc
Mohamed Hussein Al-Amoudi
Mohammed bin Salman
Novotel
Pullman Living
Sheraton
Societe djiboutienne de gestion du terminal vraquier

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Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

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

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In Focus | Qatar, Saudi Arabia, UAE
Gulf nations fall back on trading giants for food security

Ethiopia, Saudi Arabia, UAE
In mediator roles, crown princes MbS and MbZ jostle for influence in the Horn

Djibouti
IOG forges links with Monaco

Djibouti
Accor partnership gives Kamaj boss grand ideas

Djibouti
IOG overcomes hurdles to bag two contracts in Paris

Africa
Qatar funds Accor's African hotels

Ethiopia
Who are Abiy Ahmed Ali's business world backers?

Djibouti, Somalia, Somaliland
Ambassador Hotel seeks a berth in Djibouti

Algeria
China's CSCEC to build Accor and Mehri's hotels

Ethiopia
The authorities at loggerheads over al-Amoudi

Ethiopia
Al Amoudi moves to buy Hilton

New generation has changes in store for mall giant Majid Al Futtaim

Mohammed bin Salman prepares international roadshow

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Libya From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

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

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Set up email notifications for these topics

In Focus | Qatar, Saudi Arabia, UAE Gulf nations fall back on trading giants for food security

Ethiopia, Saudi Arabia, UAE In mediator roles, crown princes MbS and MbZ jostle for influence in the Horn

Djibouti IOG forges links with Monaco

Djibouti Accor partnership gives Kamaj boss grand ideas

Djibouti IOG overcomes hurdles to bag two contracts in Paris

Africa Qatar funds Accor's African hotels

Ethiopia Who are Abiy Ahmed Ali's business world backers?

Djibouti, Somalia, Somaliland Ambassador Hotel seeks a berth in Djibouti

Algeria China's CSCEC to build Accor and Mehri's hotels

Ethiopia The authorities at loggerheads over al-Amoudi

Ethiopia Al Amoudi moves to buy Hilton

New generation has changes in store for mall giant Majid Al Futtaim

Mohammed bin Salman prepares international roadshow

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

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

In Focus | Qatar, Saudi Arabia, UAE
Gulf nations fall back on trading giants for food security

Ethiopia, Saudi Arabia, UAE
In mediator roles, crown princes MbS and MbZ jostle for influence in the Horn

Djibouti
IOG forges links with Monaco

Djibouti
Accor partnership gives Kamaj boss grand ideas

Djibouti
IOG overcomes hurdles to bag two contracts in Paris

Africa
Qatar funds Accor's African hotels

Ethiopia
Who are Abiy Ahmed Ali's business world backers?

Djibouti, Somalia, Somaliland
Ambassador Hotel seeks a berth in Djibouti

Algeria
China's CSCEC to build Accor and Mehri's hotels

Ethiopia
The authorities at loggerheads over al-Amoudi

Ethiopia
Al Amoudi moves to buy Hilton