Aramco to boost investment after unveiling net profit of $110 billion

Saudi state giant plans to invest up to $50 billion in 2022

At work: an engineer at Saudi Arabian state-owned oil and gas company Aramco's Yanbu refinery — At work: an engineer at Saudi Arabian state-owned oil and gas company Aramco's Yanbu refineryPhoto: AFP PHOTO/HO/ARAMCO/SCANPIX

Amanda Battersby

Kuala Lumpur

Aramco Saudi Arabia Amin Nasser Yemen Mohammed bin Salman

Published 21 March 2022, 00:40Updated 23 March 2022, 16:03