00:00Actually, I wanted to ask you about that deal that you just mentioned there, the deal you've signed with Enoa, which, of course, is the energy and water subsidiary of Neom.
00:09Why is that such a significant deal?
00:11Let me explain what is the significance of Enoa first.
00:14Enoa is, as you mentioned, the electric and water company or energy company of Neom, which is the giga project of the kingdom.
00:22It has pledged to 100 percent renewable energy for the grid, for the whole of Neom, and as well, the largest hydrogen plant, green hydrogen plant in the world will be in Enoa as well.
00:34So it's a massive company and with massive activities.
00:39And Enoa is so much committed to climate change and managing their emissions.
00:46That's why this agreement is a landmark.
00:48It's huge in size because it's 30 million tons between now and 2030, but it also shows the commitment of Neom to climate change and being green.
00:59And it shows our commitment to facilitate and intermediate in such agreements and pushing the kingdom further when it comes to carbon markets.
