Aramco

Aramco Teams Up with BYD to Pave the Way for Innovative EV Technologies

1 month ago

Saudi Aramco, the state-owned oil giant, has recently entered into a strategic agreement with Chinese electric vehicle (EV) manufacturer BYD. This collaboration aims to explore cutting-edge technologies for electric vehicles, signaling a significant shift in the dynamics of the energy and automotive industries. As the world continues to pivot towards sustainable energy solutions, this partnership could potentially reshape market landscapes and accelerate the adoption of electric mobility.

Aramco Ventures Makes Bold Move by Investing in Telefónica-Backed AI Startup

4 months ago

In a strategic move aimed at bolstering its technological portfolio, Aramco Ventures, the investment arm of Saudi Arabia's national oil company, has announced its decision to invest in an artificial intelligence startup that has received backing from the telecommunications giant Telefónica. This significant investment underscores Aramco's commitment to diversifying its business ventures beyond oil and into innovative technology sectors.

Saudi Aramco's Venture Arm Invests in $30 Million Funding Round for Local Startup

5 months ago

In a significant move to bolster its investment portfolio and support regional startups, Saudi Aramco's venture capital arm has joined a $30 million funding round for a promising Saudi-based technology startup. This investment marks a key development not only for Aramco but also for the burgeoning tech ecosystem in Saudi Arabia.