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Saudi Arabia to invest $38bn in its games industry

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Saudi Arabia’s Public Investment Fund (PIF) is set to invest $38 billion in the games industry.
That’s according to Bloomberg, which reports that the coun.

Saudi Arabia’s Public Investment Fund (PIF) is set to invest $38 billion in the games industry.
That’s according to Bloomberg, which reports that the country’s government wants to spend big to become a new hub for the games industry.
PIF-owned Savvy Games Group is looking to attract companies to Saudi Arabia, in particular the capital of Riyadh.
“We are now more of an esports company than a games company,” Savvy’s CEO Brian Ward (pictured) said.

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