Saudi Aramco Venture Capital has increased its funds to $7 billion after injecting an additional $4 billion, as the company aims to diversify its investments beyond oil and gas. The funding boost will support diversification opportunities, international collaborations, and the focus on new energies, chemicals, and digital technologies. The move highlights Saudi Arabia’s commitment to innovation and its proactive approach to addressing energy transition challenges. By expanding its investment horizon, Aramco is poised to drive innovation on a global scale and invest in a sustainable future.
$4 Billion Boost: Saudi Arabia Fuels Aramco Project to Success
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