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00:00 "Today, the Kingdom of Saudi Arabia has hosted all the countries in the world.
00:06 In the area of geological survey, about 32 countries participate.
00:11 We discuss what are the challenges, how can we work together,
00:17 how can we use the latest technology to obtain the information for the future.
00:25 Because there are a lot of minerals in the area, and the future is in the hands of these minerals.
00:32 The geological surveys face some difficulties and challenges.
00:39 The goal of this meeting is to see what are the challenges, how can we help each other,
00:44 how can we develop people, make them ready to explore the minerals on the earth.
00:51 We are talking about some minerals that are used in the new energy,
00:55 for example, the lithium is used in 7 times as it is produced this year.
00:58 The same is the case with the copper.
01:02 So, all the departments of the area today will discuss this issue,
01:07 so that we can help the future to get rid of these minerals and use them in the right way.
01:13 The agreements that are expected to be signed in this conference,
01:22 focus on investment issues.
01:25 How do you see the issue of investment in the Kingdom today?
01:29 Is there a size for new cities and new places that you have discovered or will discover in the near future?
01:40 We have already eliminated about 50% of the Arabian Peninsula in the Kingdom of Saudi Arabia,
01:47 which is about a third of the Kingdom of Saudi Arabia.
01:50 The main thing that we expect from this agreement is to enable the investors themselves
02:01 to reach the mining and extraction.
02:06 The cooperation between the countries to help each other in the transfer of knowledge and technology.
02:13 Also, the presence of the countries and governments,
02:20 as well as the geological areas that are used to discover information,
02:24 the presence of companies that invest in the mining sector,
02:29 as well as the presence of international banks that finance these investments.
02:34 I think this platform has helped a lot to bring these issues closer together
02:38 and to make these agreements that will serve humanity and the future.