Saudi investment fund starts gaming group

The fund, which is headed by the crown prince, will work on developing video game competitions with two European companies.
Saudi men play with the Pokemon Go application on their mobiles in the capital, Riyadh, on July 17, 2016.
Saudi men play with the Pokemon Go application on their mobiles in the capital, Riyadh, on July 17, 2016. - STRINGER/AFP via Getty Images
Al Monitor: The Pulse of the Middle East
Al-Monitor Staff

Saudi Arabia’s state investment fund is seeking to enter the competitive video game business. 

The Public Investment Fund announced today the launch of the Savvy Gaming Group, which will work to develop esports in Saudi Arabia and internationally, the Saudi Press Agency reported. 

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