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Saudi Arabia Partners with Chinese Game Developer to Boost Esports and Economic Diversification

Saudi Arabia is pursuing economic diversification by reducing its reliance on oil through the burgeoning sectors of gaming and esports. A strategic partnership between the Chinese game developer, Moonton Technology, and Saudi Arabia's Qiddiya City is set to enhance esports events and generate employment opportunities. The investment by Saudi's Savvy in China's VSPN further underscores the global potential of esports.

Moonton Technology - A renowned Chinese game developer, famous for its game MLBB.

Qiddiya City - A Saudi entertainment hub dedicated to global sports, culture, and now, esports.

VSPN - A prominent Chinese esports company.

Savvy - The Saudi sovereign wealth fund.

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