Why is saudi arabia investing in gaming?

Why is saudi arabia investing in gaming?

Why is saudi arabia investing in gaming?

The investment comes as part of efforts by the kingdom's Public Investment Fund
Public Investment Fund
The Public Investment Fund (PIF; Arabic: صندوق الإستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of $620 billion (£514 billion).
https://en.wikipedia.org › wiki › Public_Investment_Fund
Public Investment Fund - Wikipedia
to diversify Saudi Arabia's economy away from oil, including billions already spent on video game firms. The fund has been a major component in the plans of Saudi Crown Prince Mohammed bin Salman, himself said to be an avid gamer.

  • 809.3K views
  • 2023-05-11 23:04:05
Show all Q/A Info

What is the card game in saudi arabia?
Baloot (Arabic: بلوت, balōt IPA: [balo̞ːt]), is a popular trick card game played in Saudi Arabia and in the wider Arabian Peninsula, which is similar to the French game Belote.
2024-03-20 23:24:31


Will saudi arabia host the world cup?
Saudi Arabia (an AFC member) has been linked with a bid to host the 2030 World Cup. Saudi Arabia has never hosted a World Cup before, however they will host the Asian Cup in 2027.
2024-02-03 10:25:52


Did saudi arabia ban roblox?
Guatemala. Roblox is banned in Guatemala because it can violate the safety of children and adolescents.
2023-07-22 18:42:34


Is there saudi arabia in fifa 23?
The Saudi Arabia National Football Team
Saudi Arabia National Football Team
The Saudi Arabia national football team (Arabic: منتخب السعودية لكرة القدم), is nicknamed as Al-Saqour, which means The Falcons. They are one of the most successful football teams in Asia, winning the Asian Championship three times and qualified to the World Cup six times (1994, 1998, 2002, 2006, 2018, and 2022).
https://en.wikipedia.org › wiki › Football_in_Saudi_Arabia
Football in Saudi Arabia - Wikipedia
is an International Team playable in FIFA 23 with Salem Al Dawsari having the highest Overall followed by Salman Al Faraj in second and Yasser Al Shahrani in third.
2023-06-13 11:34:36

  • Recommended Next Q/A: