In his speech at “iktva Forum &Exhibition 2023”, he noted that the aim of establishing the company is to reinforce Aramco’s leadership position in energy industry AI; to drive digital innovation across wider Saudi industry; and to grow the Saudi digital economy through a network of partnerships, projects, and joint ventures.

He said Aramco will invest $1.9 billion over the next three years, making it the biggest Aramco investment in digital to date, while adding value to the Kingdom’s digital ecosystem