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Asharq Al-Awsat
Asharq Al-Awsat
Sport
Riyadh - Asharq Al-Awsat

Saudi Arabia’s Savvy Games Group to Invest $37.8 Billion

Savvy Savvy Games Group Saudi Arabia Mohammed bin Salman Kingdom
"Savvy Games Group is one part of our ambitious strategies aiming to make Saudi Arabia the ultimate global hub for the games and esports sector by 2030," Crown Prince Mohammed bin Salman said. Asharq Al-Awsat

Saudi Arabia's Savvy Games Group said it will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making the Kingdom a global hub for gaming.

The investments will include 70 billion riyals to take several minority stakes in companies that support Savvy's game development agenda and 50 billion riyals to acquire "a leading game publisher to become a strategic development partner".

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