Riyadh, October 08, 2023, The Ministry of Investment (MOI) played host to a delegation comprising 20 distinguished UK companies specializing in the esports sector. This significant meeting saw the delegation engaging in fruitful discussions with the MOI's sports sector team, alongside representatives from the Ministry of Sports, the Saudi Esports Federation, and the Ministry of Communications and Information Technology. The central aim of this gathering was to delve into the promising investment prospects within the burgeoning esports industry while also keeping abreast of the latest business and investment developments unfolding within the Kingdom of Saudi Arabia.
Furthermore, a collaborative workshop was convened, uniting British companies with relevant governmental and private entities. The workshop not only illuminated the advantageous investment landscape present in Saudi Arabia for nascent esports sectors but also placed a strong emphasis on the improvement of the overall business environment within the nation.
Throughout the workshop sessions, the MOI, in conjunction with the Ministry of Sports and the Saudi Esports Federation (SEF), presented a comprehensive array of plans and strategies pertaining to the broader sports sector, with particular attention to the dynamic realm of esports. The workshop served as a platform for showcasing various gaming and esports projects and initiatives, while concurrently exploring potential avenues for investment in collaboration with other stakeholders. The ultimate objective was to attract exceptional partnerships that could contribute to the continued enrichment of the sports sector in Saudi Arabia.