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00:00 "The market here is one of the most dynamic markets in the world.
00:06 Therefore, the speed and the lack of complexity in decision-making is a fascinating thing here.
00:12 Therefore, things happen faster and more today in this region compared to the rest of the world.
00:18 The region is full of solar energy, and in some countries there is wind energy in a good way.
00:24 I must also say that the region is well equipped in terms of production chains,
00:30 technological capacity for storage and green energy transportation.
00:34 In my opinion, hydrogen can be exported to countries such as the South and Central Europe.
00:38 Therefore, the opportunity is very large, I must say."
00:42 "What is the strategy of the company for 2024?"
00:48 "Well, definitely we are a technology company that has invested in carbon technologies for decades.
00:56 Therefore, our strategy is about how to accelerate carbon emission.
01:02 We have several pillars, including infrastructure, especially industry, such as steel and cement.
01:08 The second pillar is the hydrogen economy.
01:11 The Middle East is a cornerstone in its production and its circulation at reasonable prices and reachable to everyone.
01:18 We are a global company with a market share that gives us the first place in the gas transfer market to energy,
01:23 as well as hydrogen to energy, and we are number one in carbon emissions.
01:28 These are good news because we are growing, but I must say that the percentage of the Middle East and North Africa in our province is growing and expanding.
01:38 We want to shed light on the Saudi and Emirati demand, which is growing significantly.
01:43 I would like to point out our partnership with Aluminum Bahrain Alba,
01:47 where we recently imported a gas turbine for the fourth energy collection project at the fifth energy station.
01:53 It is the first turbine of its kind in the world."
01:56 "You mentioned that you have the largest market share, but how much is this share?
02:03 How much is the share of the company's work in the region in general?"
02:11 "I would like to say that our market share is about 40% worldwide.
02:16 Therefore, we are number one in the Middle East and North Africa and we represent about a third of the market.
02:23 As I mentioned, we are growing and our technologies are growing here, and this region is increasingly important in the new energy mix.
02:30 Therefore, let us make sure that this region will not only become a power capital, but also a future energy."
02:38 "On the other hand, there are many challenges that face the energy transition.
02:47 What are the most prominent challenges in your opinion?"
02:50 "I have to confess that there are challenges not only in the Middle East, but everywhere.
02:58 One of the biggest challenges we face in the case of climate emergency
03:02 and more than two-thirds of global warming emissions come from the energy sector.
03:07 Therefore, the main challenge is to change the various sectors and industries to be environmentally friendly.
03:13 There is also a challenge, which is to increase demand for electricity in the coming years.
03:18 We are talking about more than double the demand for electricity in less than 10 years from now,
03:24 and almost three times in less than 20 years.
03:28 Therefore, the challenge is also in how to deal with the required speed."
03:33 demand.