Saudi Aramco’s Amin Nasser warms the night in glittering Davos reception

Saudi Aramco CEO Amin Nasser thanked guests for their continuing collaboration with the company at a function in the InterContinental hotel, in Davos. (Courtesy WEF)
Updated 25 January 2019
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Saudi Aramco’s Amin Nasser warms the night in glittering Davos reception

  • The world’s biggest oil company greeted political and business leaders at the InterContinental hotel
  • The guests included ministers and oil executives from Saudi Arabia and top business executives and financiers from around the world

DAVOS: Saudi Aramco welcomed a delegation of the global elite to a reception at the World Economic Forum which, even by the glittering standards of Davos, was a sumptuous affair.

Hosted by CEO Amin Nasser, the world’s biggest oil company greeted political and business leaders at the InterContinental hotel, a short drive through the ice night from the main Congress Hall venue.

Though the temperature outside was well below zero, the hospitality in the cavernous reception hall was warm. The guests — including ministers and oil executives from Saudi Arabia and top business executives and financiers from around the world — were treated to a selection of gourmet canapés and refreshments, and all seemed to be enjoying the convivial atmosphere.

Joe Kaeser, chief executive of the German engineering giant Siemens, said: “This is a pleasant break from the back-to-back business meetings of Davos.” His company is in the running for some of the big contracts on prospect in the mega-projects underway in the Kingdom as part of the Vision 2030 diversification strategy.

The guests were treated to an extravagant visual exhibition of the Manifa oilfield off the Saudi Arabian Gulf coast, which has been praised throughout the world for its innovative approach to combining oil exploration with environmental concern.

During its annual meeting the World Economic Forum recognized another Aramco project, the Uthmaniyah gas plant, as a “lighthouse” manufacturing facility and a technology leader in the Fourth Industrial Revolution (4IR).

Nasser said: “The recognition of the Uthmaniyah Gas Plant demonstrates Saudi Aramco’s shift to transform and adapt in the rapidly changing global energy landscape. Through the application of 4IR technologies, we can be at the forefront of the industry helping to shape the future of energy as part of Saudi Aramco’s mission to supply oil and gas around the world safely and reliably.”

In a short speech, Nasser thanked the guests for their continuing collaboration with Aramco, before handing over to Saudi musicians, including Madani Abadi on strings.

He revealed that Abadi was a former Aramco employee, and joked: “He used to work for us, but now he has a much better job.”


The Family Office to host global investment summit in Saudi Arabia

Updated 18 January 2026
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The Family Office to host global investment summit in Saudi Arabia

RIYADH: The Family Office, one of the Gulf’s leading wealth management firms, will host its exclusive investment summit, “Investing Is a Sea,” from Jan. 29 to 31 on Shura Island along Saudi Arabia’s Red Sea coast.

The event comes as part of the Kingdom’s broader Vision 2030 initiative, reflecting efforts to position Saudi Arabia as a global hub for investment dialogue and strategic economic development.

The summit is designed to offer participants an immersive environment for exploring global investment trends and assessing emerging opportunities and challenges in a rapidly changing financial landscape.

Discussions will cover key themes including shifts in the global economy, the role of private markets in portfolio management, long-term investment strategies, and the transformative impact of artificial intelligence and advanced technologies on investment decision-making and risk management, according to a press release issued on Sunday.

Abdulmohsin Al-Omran, founder and CEO of The Family Office, will deliver the opening remarks, with keynote addresses from Saudi Energy Minister Prince Abdulaziz bin Salman and Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies.

The press release said the event reflects the firm’s commitment to institutional discipline, selective investment strategies, and long-term planning that anticipates economic cycles.

The summit will bring together prominent international and regional figures, including former UK Treasury Commercial Secretary Lord Jim O’Neill, Mohamed El-Erian, chairman of Gramercy Fund Management, Abdulrahman Al-Rashed, chairman of the editorial board at Al Arabiya, Lebanese Minister of Economy and Trade Dr. Amer Bisat, economist Nouriel Roubini of NYU Stern School of Business, Naim Yazbeck, president of Microsoft Middle East and Africa, John Pagano, CEO of Red Sea Global, Dr. Anne-Marie Imafidon, MBE, co-founder of Stemettes, SRMG CEO Jomana R. Alrashed and other leaders in finance, technology, and investment.

With offices in Bahrain, Dubai, Riyadh, and Kuwait, and through its Zurich-based sister company Petiole Asset Management AG with a presence in New York and Hong Kong, The Family Office has established a reputation for combining institutional rigor with innovative, long-term investment strategies.

The “Investing Is a Sea” summit underscores Saudi Arabia’s growing role as a global center for financial dialogue and strategic investment, reinforcing the Kingdom’s Vision 2030 objective of fostering economic diversification and sustainable development.