"كأس العالم للرياضات الإلكترونية".. الحدث الأكبر من نوعه عالمياً في السعودية!
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00:00 The gaming and e-sports sector in Saudi Arabia is moving at a fast pace.
00:05 After the announcement of Saudi Crown Prince Mohammed bin Salman
00:09 to launch the e-sports championship under the title of "World Cup for e-sports",
00:14 the question remains, has Saudi Arabia become a leading face for the most prominent e-sports competitions?
00:20 Let's look at the details.
00:22 Saudi Crown Prince Mohammed bin Salman announced
00:26 the International E-Sports Conference to launch the World Cup for e-sports.
00:32 It is the most powerful and diverse event ever.
00:37 It will be held in Saudi Arabia in the summer of 2024, specifically in Riyadh, annually.
00:42 This is also part of the Kingdom's Vision 2030.
00:46 Let's also talk about the trip of Saudi Arabia to the first international center in e-sports.
00:51 This championship will contribute to the achievement of more than 50 billion Riyals for local results by 2030.
00:59 It will also provide more than 39,000 new job opportunities for the sector.
01:04 As we said, it will contribute to strengthen the Kingdom's vision of making Riyadh a capital of e-sports.
01:11 As for the Saudi economy, this championship came at a very special time.
01:17 This is a smart step from Riyadh and Saudi Arabia.
01:20 The Saudi economy, in the summer, is witnessing a noticeable decline.
01:26 The consumption of consumer goods declined by 9%,
01:29 and the consumption of food and beverage in restaurants and cafes by 13%,
01:33 tourism declined by 18%,
01:37 and the number of guests declined by 16%.
01:42 This championship came in the summer,
01:45 and Saudi Arabia will be able to recruit new guests interested in the gaming and e-sports sectors.
01:52 Let's also talk about Saudi investments, especially in the field of e-sports.
01:59 This championship came after the great success of the Gamers' Season in Riyadh,
02:05 which was launched in July, and it is held annually.
02:08 It is also the biggest event in the field of video games.
02:13 The prize of about $45 million in the second season of Gamers' 8,
02:19 which is more than three times the previous seasons,
02:23 indicates the successful Saudi investments in the gaming and e-sports sectors.
02:29 For example, the PIF, or the Saudi General Investment Fund,
02:34 bought shares in Activision Blizzard and Electronic Arts,
02:37 and its share in Nintendo increased by 8.6%.
02:43 This is not at all the case for the Savi Game Group in 2021,
02:46 which has allocated about $50 billion to buy and develop e-sports publishers.
02:52 We talked about Saudi Arabia and its successful investments in the gaming and e-sports sectors,
02:58 but the e-sports sector in general is witnessing a huge global boom.
03:06 If we talk about global investments in this sector,
03:09 about $1.3 billion is in global investments in 2022.
03:16 As for expectations, about $318 million is the number of e-sports players in 2025.
03:26 This also indicates the expectations for the increase in the market value of e-sports by 2030
03:33 to become about $4.5 billion.
03:37 No doubt we are also witnessing a global boom and a global reception in the gaming and e-sports sectors.
03:43 If we want to talk about the GCC or the Gulf region, and specifically Saudi Arabia,
03:49 the successful PIF investments will enable Saudi Arabia to enhance its position regionally and internationally in this sector.