According to reports, the Kingdom’s State Investment Fund owns the Saudi Arabian company, which intends to form greater connections with global game producers. This is reported by
Arab News.

The objective is to grow the Middle Eastern market and make sure that the Kingdom eventually turns into a major hub for esports and gaming worldwide.

Saudi Crown Prince Mohammed bin Salman declared the World Esports Championship in 2023. This championship was the first-ever competition of its kind, compiling the final standings simultaneously in multiple major disciplines.

This year, this initiative also plans to increase the capacity of its game production and esports trade departments.

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