Saudi Arabia’s Vision 2030, led by Crown Prince Mohammed bin Salman, is committed to reducing the nation’s dependence on oil. As part of this vision, the country is making substantial investments through Savvy Games Group, which is owned by the Saudi sovereign wealth fund, the Public Investment Fund (PIF). The goal is to establish Saudi Arabia as a global gaming hub.
In pursuit of this objective, Saudi Arabia is planning to establish 250 domestic gaming companies. This not only means more jobs but also a significant contribution to the country’s GDP from the gaming sector. Additionally, the Esports World Cup perfectly aligns with the objectives of Vision 2030, aiming to boost tourism, create employment opportunities, and provide entertainment for both residents and visitors alike.