(Xinhua) – Ethiopian born Saudi billionaire Sheikh Mohammed Al-Amoudi will soon be released from detention in Saudi Arabia, Ethiopian Prime Minister Abiy Ahmed said on Saturday.
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Ahmed made the statement after returning on Saturday from a two-day official state visit to Saudi Arabia where he held discussion with Saudi Arabia’s Crown Price Mohammed bin Salman on ways to boost Ethio-Saudi ties and the fate of Ethiopians detained in Saudi jails.
Al-Amoudi is Ethiopia’s largest private investor, with an estimated 2 billion U.S. dollars investment in the East African country ranging from hotels, real estate and construction to agriculture and mining.
Al-Amoudi was arrested last November in Saudi Arabia along with dozens of princes and government officials in a Saudi anti-corruption crackdown.
On Friday, state media Ethiopia Broadcasting Corporation (EBC) reported Ahmed had secured a promise from Saudi authorities to release 1,000 Ethiopians from Saudi jails, mostly imprisoned for illegal entry.
