BUSINESS > NEWS

Xsolla, Savvy Ink MoU To Boost Video Game Development In The Middle East

27/08/2024 04:25 PM

KUALA LUMPUR, Aug 27 (Bernama) -- Global video game commerce company Xsolla announced the signing of a Memorandum of Understanding (MoU) with Savvy Games Group (Savvy), Saudi Arabia’s National Champion for Games and Esports, to create economic opportunities for game developers in the Middle East and worldwide.

According to Xsolla in a statement, the strategic partnership will also foster the creation of 3,600 new video game industry jobs by the end of 2030 to advance the Kingdom’s vision for the future of games and esports.

This marks a significant commitment to the growth of video games for developers, publishers, and players not only in the Middle East but around the world.

“Our shared vision for the future of video games aligns perfectly, and together, we aim to empower developers, foster creativity, and support the next generation of talent in Saudi Arabia,” said Xsolla Chief Strategy Officer, Chris Hewish.

Meanwhile, Savvy Games Group Chief Executive Officer, Brian Ward said: “By combining our resources and expertise, we are creating jobs and building a vibrant, sustainable industry that will drive opportunity and creativity for years to come.”

Under the terms of the MoU, the partnership will focus on several key initiatives, including the establishment of the Xsolla Academy, Incubator, and Accelerator programmes to support local and international game development studios.

The academy will play a crucial role in nurturing talent and promoting game development as a viable career path within the Kingdom.

In addition to the academy, the partnership will explore opportunities to host industry-leading video game events for business and consumer audiences, provide funding for game development projects, and foster connections between local studios and international investors.

With this partnership, Xsolla will create a regional headquarters office in Riyadh with product, development, technology, customer support, and business development services to help developers and publishers scale and grow their games in the Middle East and the Kingdom.

-- BERNAMA


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