Amin Nasser

Money Moves

Leading Aramco's push into AI infrastructure and industrial applications

Saudi Aramco now owns 49% of HUMAIN, the artificial-intelligence company the Public Investment Fund launched in May 2025. Aramco paid about 9.9 billion riyals ($2.6 billion) in cash during 2026 and handed over AI, computing and digital assets; the fund keeps 51% and control.

Updated 3 days ago

Built World

Leads the state oil company's offshore build-out, which awarded five contracts in October 2026

NMDC Energy, an Abu Dhabi contractor, won three offshore construction contracts from Saudi Aramco worth a combined $763.3 million. It disclosed the awards to the Abu Dhabi Securities Exchange on October 23, with completion expected in 18 to 23 months.

Updated Oct 28