Saudi Arabia's hydrogen economy is set for significant growth as King Abdullah University of Science and Technology (KAUST) collaborates with NEOM to advance economic development and sustainable energy initiatives. The partnership, along with ENOWA, aims to strengthen the Kingdom's position as a leader in hydrogen production. The collaboration has sponsored strategic projects under the Hydrogen and e-Fuels Applied Research Institute to promote the development of hydrogen as a renewable energy source. The Kingdom has ambitious goals to derive 50% of its electricity from renewable sources by 2030 and achieve net-zero carbon emissions by 2060. Progress in hydrogen production, especially green hydrogen from renewable sources, is rapidly advancing within Saudi Arabia's circular carbon economy framework. Recent summit discussions involved key stakeholders focusing on progress, challenges, and opportunities in developing Saudi Arabia's green hydrogen economy. The projects led by experts like William Roberts, Mani Sarathy, and Thibault Guiberti aim to drive innovations in carbon-neutral fuels, electrolyzer technologies, and emissions reduction. ENOWA's partnership with KAUST and NEOM's ERIF is seen as crucial in propelling Saudi Arabia to the forefront of hydrogen research and technology development. The establishment of the Hydrogen Innovation Development Center is expected to further support research activities at KAUST and drive collaboration for decarbonized synthetic fuels. The positive sentiment towards hydrogen in the article is evident by the enthusiasm and commitment of key individuals and organizations in advancing hydrogen technologies in Saudi Arabia.