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Eye of Dubai
Business & Money | Thursday 25 October, 2018 4:47 am |
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Princess Reema: Investment will take Saudi eSports to next level

Greater investment in eSports would boost the Saudi economy and help young gamers better compete in the global — if virtual — arena, one of the Kingdom’s top sporting officials has said. 

Princess Reema bint Bandar, of the General Sport Authority, told the Future Investment Initiative that the Saudi gaming sector is “ripe for investment” — and that extra funds could help take it to the next level.

An eSports federation — known formally as the Saudi Arabian Federation for Electronic and Intellectual Sports — was launched last year.

Given Saudi Arabia’s large youth population, pumping more money into this sector — by, for instance, opening a gaming college or running gaming tournaments — could give a boost to both young people and the national economy, Princess Reema said.

“We truly believe that this is a sector that we can develop and grow, and is ripe for investment,” she said. 

Princess Reema pointed to South Korea as a country with a healthy eSport industry. 

“In South Korea, the gaming industry is probably around a $4 billion addition to the GDP … imagine if we were able
to do that here in Saudi Arabia?” she said.

“What does that look like? That looks like a gaming college or a university, that looks like gaming-training programs; investments in infrastructure and buildings that allow for these young people to not only participate in the game, but also educate others to be physically active.”

The official acknowledged that some people would need to be convinced that video gaming was actually a sport — adding that she encourages eSports to be recognized by the Olympics. 

But Princess Reema said that another factor was that young people could be encouraged to do more physical activity — because it can help them “up their gaming level” in the virtual field. 

In August, Saudi teenager Mosaad Aldossary picked up a $250,000 prize when he won the global FIFA eWorld Cup Grand Final.

More than 20 million gamers vied for a spot in the annual eWorld Cup, with just 32 making it to the finals. Competitors play the FIFA 18 football video game.

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