BUSINESS

Webedia Arabia Group finalizes acquisition of SaudiGamer.com

February 15, 2021
SaudiGamer.com, a platform for gaming and esports has just been acquired by the internationally renowned gaming experts Webedia Esports Agency through its local arm Webedia Arabia Group based in Saudi Arabia, the United Arab Emirates, and Lebanon.
SaudiGamer.com, a platform for gaming and esports has just been acquired by the internationally renowned gaming experts Webedia Esports Agency through its local arm Webedia Arabia Group based in Saudi Arabia, the United Arab Emirates, and Lebanon.



JEDDAH — SaudiGamer.com, a platform for gaming and esports has just been acquired by the internationally renowned gaming experts Webedia Esports Agency through its local arm Webedia Arabia Group based in Saudi Arabia, the United Arab Emirates, and Lebanon.

As the 19th biggest gaming market in the world, with revenue topping $1.09bn and growth of 41.1 percent year-on-year with more than 21.1 million gamers, Saudi Arabia is setting a new precedent in the gaming and esports industry.

Building on its fame, Webedia Arabia Group’s involvement will strengthen SaudiGamer.com and its social channels to establish it as the premium hub for gamers. Additionally, the platform will grow and attain more recognition worldwide through:

— Coverage of local and regional esports tournaments and events

— A variety of new shows on YouTube with gaming celebrities

— Exclusive content from the top gaming influencers in the region

— A bigger playground for gamers to interact, connect, engage and learn

— More news, reviews, game ratings, videos, and podcasts

— The latest tips and tricks

— Enhanced interface and upgraded usability

Notably, UTURN Entertainment — the Saudi digital media machine and the creator of entertaining and storytelling content — which is also part of Webedia Arabia Group, will play an active role in SaudiGamer.com’s evolution.

Commenting on the acquisition, Kaswara Al Khatib, chairman of the board, Webedia Arabia Group, and founder of UTURN, said: “The gaming and esports industry in Saudi Arabia is expanding at light speed and both the Riyadh and Jeddah seasons, propelled the demand."

"In alliance with SaudiVision 2030, SAFEIS, GEA and NEOM, we are working simultaneously toward the transformation which is expected to create a strong footprint on the economy-boosting businesses, jobs, and opportunities for many in the Kingdom. SaudiGamer.com has played a pivotal role in bringing attention to this type of entertainment and we are glad to be a part of it leveling up.”


“This strategic acquisition represents a strong building block in the foundation of esports talents in the region as today’s gamers in the Arab World are in the driver's seat steering the future of the industry on a global level. As SaudiGamer.com gears up to owning the gaming space, we will be working with talents and brands and developing job opportunities in KSA to ultimately provide a complete and unparalleled esports experience” commented George Maktabi, chief executive officer, Webedia Arabia Group. — SG


February 15, 2021
390 views
HIGHLIGHTS
BUSINESS
21 hours ago

Markets rocked as US says Israel has struck Iran

BUSINESS
3 days ago

China’s economy expands by a surprisingly strong pace in the first quarter of 2024

BUSINESS
4 days ago

Oil prices lower after Iran attack on Israel