Home lists 100 Most Powerful Arabs 2023 Amin Naseer President and CEO, Aramco Origin: Saudi Arabia Residence: Saudi Arabia Sector: Energy “All of us have a vested interest in climate protection. And investing in conventional sources does not mean that alternative energy sources and technologies should be ignored,” Amin Nasser, CEO of oil giant Aramco, said at the Schlumberger Digital Forum 2022. In October last year, the company announced a $1.5bn sustainability fund to invest in technology that would support an inclusive energy transition, as well as unveiled plans to establish an innovation hub in Riyadh alongside tech company IBM. Aramco also reported a 46.5 per cent rise in net profit for 2022, totalling $161bn – its highest annual profit as a listed company.