The Middle East is experiencing a noteworthy energy transition from traditional fossil fuels to renewable sources and innovative technologies like hydrogen. Although still dominated by fossil fuels, the region is making strides towards incorporating renewables, with solar PV expected to account for a significant share of power generation by 2035. There is a particular emphasis on technologies like carbon capture, utilization, and storage (CCUS) and hydrogen to facilitate decarbonization efforts. CCUS is set to play a crucial role in capturing carbon emissions and producing blue hydrogen, ammonia, and synthetic fuels. Green hydrogen capacity is on a rapid growth trajectory, with projections showing a substantial increase by 2030, ultimately surpassing blue hydrogen capacity. This shift towards green hydrogen highlights the region's commitment to sustainable energy solutions. Despite facing challenges in energy storage and electric vehicle (EV) adoption, the Middle East is witnessing a positive trend towards growth in these sectors. The region's focus on developing renewable energy refineries, sustainable aviation fuels (SAFs), and advancing CCUS projects underscores its commitment to a greener future. Key players in the market include companies like Abu Dhabi Power Corporation, ACWA Power, Dubai Electricity and Water Authority, and various global energy corporations. Overall, the Middle East's energy landscape is evolving, with increasing investments and initiatives driving the shift towards a more sustainable and diversified energy mix.