Davos 2024Saudi Aramco to double startup investment, CEO says, eyeing lower emissions
Amin Nasser views tech as future while 'proudly' remaining an oil company
Amin Nasser, CEO of Saudi Aramco, spoke with Nikkei Asia on the sidelines of the World Economic Forum's annual meeting in Davos on Jan. 17. (Photo by Kenji Kawase)
KENJI KAWASE, Nikkei Asia chief business news correspondent
January 19, 2024 01:11 JST
DAVOS, Switzerland -- Saudi Aramco, the world's largest comprehensive energy and chemical company, is more than doubling the size of investment funds for startups and new technology, seeking to diversify its business portfolio with an eye on a low-carbon emissions future.