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Saudi Arabia plans to become the center of the gaming industry - sheikhs are ready to invest $ 38 billion

The company aims to make the country a global entertainment hub by 2030.
Saudi Arabia plans to become the center of the gaming industry - sheikhs are ready to invest $ 38 billion

According to the strategy of economic diversification, Saudi Arabia, through the State Investment Fund, aims to become a leading player in the global gaming market, which reaches $184 billion. The fund's subsidiary, Savvy Gaming Group, wants to develop, publish and acquire AAA games and support the gaming industry in Riyadh.

The company aims to make the country a global entertainment hub by 2030. Savvy has plans to invest $13 billion to acquire game publishers.



Author
Anton Latoshkin
Date of publication
4 April 2023