RIYADH: The Saudi Ministry of Investment hosted a delegation of 20 major British esports companies in Riyadh, the Saudi Press Agency reported on Sunday.
Members of the delegation held talks with the ministry’s sports sector team as well as representatives from the Ministry of Sports, the Saudi Esports Federation, and the Ministry of Communications and Information Technology.
The aim of the meeting was to explore investment opportunities in the esports industry and to stay updated on the latest business and investment developments in the Kingdom.
A workshop was also held with UK firms and relevant governmental and private entities, during which delegates discussed the most prominent investment advantages available in Saudi Arabia for emerging esports sectors. It also focused on developing the business environment in the country.
During the workshop sessions, the ministry, in partnership with the Ministry of Sports and the SEF, presented a series of plans and strategies relating to the broader sports sector, with a particular emphasis on the esports domain.
The workshop highlighted various gaming and esports projects and initiatives, while exploring potential investment avenues in collaboration with other entities. The main goal was to attract partnerships that could further enrich the sports sector in the Kingdom.