Saudi Arabia and UK explore e-sports investment prospects

Saudi Arabia and UK explore e-sports investment prospects
Saudi Ministry of Investment hosted a delegation of 20 British companies specializing in the e-sports sector. SPA
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Updated 09 October 2023
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Saudi Arabia and UK explore e-sports investment prospects

Saudi Arabia and UK explore e-sports investment prospects

RIYADH: Saudi Arabia’s e-sports market is poised for further growth after the Ministry of Investment hosted a delegation of 20 British companies specializing in the sector.  

The meeting focused on prominent investment opportunities within the e-sports sector and explored business prospects in the Kingdom, according to the Saudi Press Agency.  

This initiative aligns with the ministry’s commitment to offering state-of-the-art facilities and streamlining licensing procedures and services, making it easier for investors to access options in the sector.  

As part of the visit, the delegation met with entities represented by the Ministry of Sports, including the Saudi Electronic Sports Federation.

A workshop was also held with British firms, relevant government officials, and private agencies to discuss the most prominent investment advantages in Saudi Arabia for new and emerging sectors.

The courses shed light on the development of the business environment as a whole in the Kingdom.

Additionally, the workshop featured presentations on plans and strategies developed through collaboration between the Ministry of Investment, the Ministry of Sports, and the Saudi Electronic Sports Federation.

Several initiatives related to games and e-sports were also discussed during the meeting.  

Furthermore, the group deliberated exploring more investment paths in collaboration with other parties and ways to attract new prospects for partnerships that serve the sports sector.