Djibouti: billionaire Al Amoudi sets out his projects to Marriott
NEFC group is to request a loan from a southern African bank for the renovation of the Sheraton hotel in the capital, Jeune Afrique Business+ has learned.
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▪ Djibouti: billionaire Al Amoudi sets out his projects to Marriott
▪ NEFC group is to request a loan from a southern African bank for the renovation of the Sheraton hotel in the capital, Jeune Afrique Business+ has learned.
▪ https://www.africabusinessplus.com/en/799664/djibouti-billionaire-al-amoudi-sets-out-his-projects-to-marriott/
Owner of Sheraton hotels in Addis-Ababa and Kampala through his Near East Financial Corporation (NEFC), Ethiopian-born Saudi billionaire Mohamed Hussein Al Amoudi (fortune of $8.1 billion in 2017 according to Forbes) sent his cousin, Mohammed Omar Al Amoudi, on a mission from 22 to 24 October to Djibouti, where he also owns a hotel, Jeune Afrique Business+ has learned. The upscale U.S. hospitality chain forms part of the Marriott portfolio since the latter’s takeover of Starwood in 2016.
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