The video game market generates more money than cinema box office and TV streaming combined
video games
Latest in video games
5G
Bahrain tops GCC rankings for 5G gaming performance
Bahrain tops Ookla’s speedtest ranking for 5G gaming in GCC
crypto
Video games market tipped to hit $390bn by 2028 as consumers embrace crypto payments and online sales
Video games players are adopting crypto payments and online sales amid market growth
eSports
Saudi Arabia announces Esports World Cup amid $13.3bn gaming push
Saudi Arabia will host the 2024 Esports World Cup as it looks to create 39,000 job opportunities in emerging sector
Blockchain
Nearly half the world’s population will play video games by 2024, says UFORIKA founder
Company building new virtual platform
Capcom
Saudi Arabia’s PIF acquires 5 percent stake in Nintendo as it drives further into gaming investments
The PIF has been building stakes in video game makers and e-sports firms such as Nintendo and Capcom over the past two years, turning to the Japanese market just as a weaker yen has made investments more affordable
AdColony
How MENA businesses tapped into gaming and e-sports to reach consumers during Ramadan
Matt Pickering, the CEO of gaming and e-sport expert Power League Gaming, discusses the success of brands using gaming concepts over Ramadan
4 Winds Entertainment
Why the lack of localisation is a “missed opportunity” in the region’s gaming industry
Games revenue in Saudi Arabia, the UAE and Egypt alone are expected to exceed $3billion in 2025, with over 85 million gamers playing across mobile, PC, and console
blockchain technology
Play-to-earn: How gamers are profiting off crypto games
Play-to-earn is emerging as a trending business model in the gaming industry, creating new token-based incentives that help monetise time spent by gamers
DGC MEA
Gaming consumption in Saudi Arabia projected to reach $6.8bn by 2030
Gaming will increase by an average of 22 percent CAGR in the kingdom, according to new BCG report
Activision Blizzard
Saudi Activision Blizzard stake rises again amid controversy
Public Investment Fund raised its holding in the maker of popular games like World of Warcraft by 13% to 37.9 million shares in the last quarter
investment strategy
Saudi wealth fund loads up on video-game makers and exits Suncor
The Public Investment Fund brought its total commitment to video-game makers including Activision Blizzard Inc., Electronic Arts Inc. and Take-Two Interactive Software Inc. to $6 billion during the first quarter
e-sports
Saudi Arabia to host virtual summit as NEOM seeks gaming hub status
Saudi edition of Digital Games Conference Middle East and Africa to attract global and regional gaming experts to predict industry trends