Saudi Crown Prince unveils National Gaming and Esports Strategy. Picture Courtesy: Kwaith Times

Saudi Crown Prince unveils National Gaming and Esports Strategy. Picture Courtesy: Kwaith Times

Saudi Crown Prince unveils National Gaming and Esports Strategy!

Newsroom Sep 19, 2022

Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud unveiled the National Gaming and Esports Strategy on Thursday.

Overview:

  • The strategy will be implemented through 86 initiatives covering the entire value chain.
  • Launched and managed by over 20 government and private entities.
  • • Saudi Arabia aims to produce more than 30 competitive games in the Kingdom’s studios.

The National Gaming and Esports Strategy have been presented by Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. According to Saudi Press Agency, the policy intends to make the kingdom the world's center for this industry by 2030, which will help the country achieve Vision 2030 goals of diversifying its economy and generating new employment across several industries.

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The approach has three primary goals: to increase players' enjoyment of the game, provide additional entertainment options, and have an economic effect by adding around SAR50 billion to the GDP directly and indirectly. By 2030, the initiative also hopes to generate 39,000 additional possibilities for direct and indirect employment.

Prince Strategy for the National Gaming

Prince Strategy for the National Gaming. Picture Courtesy: Ashraq

86 projects encompassing the whole value chain will be created and managed by more than 20 public and commercial organisations to implement the plan. The activities range from setting up educational academies and creating innovative legislation to hosting big gaming and e-sports events and building business incubators.

The statement said these initiatives are divided into eight focus areas: game-+ development, e-sports, additional services, and other enabling factors like infrastructure, regulations, education, talent acquisition, financing, and financial support. These initiatives include technology and hardware development, game production, and other services. According to the Crown Prince of Saudi Arabia, the National Gaming and Esports Plan are driven by the imagination and vitality of our people.

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5 and gamers are at the centre of the strategy. By providing exciting new professional prospects and one-of-a-kind entertainment options, we are fulfilling the aspirations of the gaming community in Saudi Arabia and throughout the globe to make Saudi Arabia the ideal worldwide centre for this industry by 2030.

The gaming and Esports industry is thought to expand quickly among all media industries and is predicted to reach $200 billion by 2023. Saudi Arabia's sovereign wealth fund made its third investment in a Japanese video game firm earlier this year when it acquired a 5.01 per cent interest in Nintendo Co. Savvy Gaming Group was also established by the Public Investment Fund to provide an integrated environment for the industry.

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You can also download the Tournafest app from Google Play or App Store to play Esports Tournaments & Scrims games like BGMI, Free Fire MAX, Call of Duty, CS: GO, Valorant, Pokemon Unite & win exciting rewards! You may also organize Tournaments & fetch unmatched perks.

Until next time,

#liveitforgaming

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Manish Gupta

I’m a creative thinker. I think it’s important to approach tasks and issues from different angles, rather than doing what has always been done. By having an open mind and taking a different approach.