Riyadh - Sharikat Mubasher: Savvy Games Group, owned by the Saudi Public Investment Fund (PIF), signed a memorandum of understanding (MoU) with Xsolla to advance the games and esports sector in Saudi Arabia, according to the company’s statement.
Under this strategic partnership, Savvy and Xsolla will establish the Game Development Academy as well as incubator and accelerator programs to support local and international game development studios.
The academy will nurture talents and promote game development as a viable career path within the Kingdom.
Through this collaboration, both parties aim to create 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.
Further, the partnership targets exploring 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.
To consolidate this collaboration, Xsolla will establish a regional headquarters in Riyadh to offer product, development, technology, customer support, and business development services to help developers and publishers scale and grow their games in Saudi Arabia and the Middle East.
Brian Ward, CEO of Savvy Games, described the partnership as a significant step forward in the company’s mission to foster Saudi Arabia’s games and esports ecosystem.
“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,” Ward added.
Chris Hewish, Chief Strategy Officer at Xsolla, commented: “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.”
Xsolla is a video game commerce platform that helps game developers and publishers operate more efficiently and sell more games. It provides businesses with a wide range of solutions that solve the complexities of distribution, marketing, and monetization for developers, publishers, and platform partners.
