RIYADH: Saudi Arabia showcased the strength and potential of its gaming industry during the two-day esports and gaming summit, the Next World Forum, held on Sept. 7 and 8, as the Kingdom prepares to enter the global stage with 21 million gamers.
RIYADH: Almost two-thirds of Saudis consider themselves regular gamers, as the Kingdom’s gaming sector continues to flourish, according to Prince Faisal bin Bandar, chairman of the Saudi Esports Federation. While speaking at the Next World Forum in Riyadh on Sept. 7, Prince Faisal said Saudi Arabia has undergone an amazing journey in the esporting sector over the last five
RIYADH: The Saudi Venture Capital Co. has invested in over 30 funds that have backed more than 570 startups in the Kingdom since its inception, the CEO Nabeel Koshak has revealed. While speaking at the Next World Forum in Riyadh on Sept. 7, Koshak said the company was established during the fourth quarter of 2018 to stimulate venture investment in Saudi Arabia and across the
RIYADH: Saudi Arabia’s National Development Fund on Wednesday approved a grant worth SR300 million ($79.8 million) to finance the gaming and esports sector in cooperation with the Saudi Esports Federation and the Ignite program. It is the first phase of the NDF’s initiatives to support the promising sector, said Najlaa Aljami, finance programs executive director at NDF. Aljami
RIYADH: Saudi Arabia’s robust digital infrastructure will help the gaming industry grow, said Musab Al-Malki, CEO of Spoilz. “Now 5G (network) covers half of Saudi Arabia. So, having this speed of internet and very strong digital infrastructure, we support game developers to work remotely, not even in one central hub,” the head of the Saudi-based gaming platform said.