Casino operator Wynn wins UAE’s first commercial gaming license
Dubai, United Arab Emirates -- US casino operator Wynn has received the first commercial gaming operator's license to be issued in the United Arab Emirates where gambling is currently banned.The license was issued by the General Commercial Gaming Regulatory Authority, which was set up last year to allow for commercial gaming...
Video gamers set for world’s biggest trade show, likely to generate $180bn
Paris, France -- The world's largest video game trade show, Gamescom, opens its doors on Tuesday in Germany at a sensitive moment for an industry battered by layoffs and studio closures.Organizers expect the event, which runs until Sunday in the western city of Cologne, to welcome more than 300,000 people as firms...Yalla Group 2023 revenue $318m
The company's fourth quarter revenue soared to $80.9 million.Microsoft lays off 1,900 staff
The move comes after Activision Blizzard gaming buyout.PIF’s diverse investments transform Saudi economy
From sports and gaming to pharmaceuticals and aviation, the Saudi Public Investment Fund's strategic initiatives are shaping a dynamic future for the the Kingdom's economy.Sony hikes annual sales outlook
The company net profit for July-September sank 29 percentESports debuts as Asian Games medal event but women left behind
Excited video-game fans thronged a shiny new arena in the Chinese city on Sunday as eSports made its debut at the Games as a medal event, seen as a major step toward Olympic status. But while the fledgling sport has made great strides in official recognition, fans say it has a long...Gaming industry posts exponential growth in Saudi Arabia: PayerMax COO
Riyadh, Saudi Arabia-- The gaming industry has witnessed exponential growth in Saudi Arabia with an average revenue per paying user touching $270 as compared to $181 in MENA. With the game live streaming market poised to an annual growth rate (CAGR 2023-2027) of 10.08% in Saudi Arabia, esports is gaining...AI revolution in video games has industry players treading warily
The ultra-connected industry is eyeing the innovation warily, with fears growing that jobs could be made redundant and artistic creations usurped. Responsive non-playable characters or the automatic generation of images, code and game scenarios are among the possible uses for developers using AI.Vietnam’s VNG files for US IPO
VNG operates music streaming, mobile payment and online games.Saudi Esports Federation to launch ‘Next World Forum’ in Riyadh
Riyadh, Saudi Arabia--The Saudi Esports Federation will launch the "Next World Forum" on August 30 and 31 in Riyadh, at the conclusion of the activities of the largest event for games and electronic sports in the world, "Gamers8: The Land of Heroes."The forum will discuss promising opportunities in the fast-growing...Soniqs wins PUBG Global Series 2 Crown
It claimed $600,000 prize at Gamers8 - The Land of Heroes.Microsoft, Activision gaming deal deferred
July 18 was the cut off point to finalize the $75bn deal.South Korean blockchain firm NEOPLY to set up global HQ in Abu Dhabi
Abu Dhabi, UAE -- NEOPLY, a South Korean blockchain technology company, will establish its global headquarters in Abu Dhabi, the Abu Dhabi Investment Office (ADIO) said Monday and added that the move underscores emirate's appeal as a magnet for innovation-driven companies.NEOPLY provides a decentralized finance (DeFi) platform and a variety...World at tipping point of new computer era: Nvidia chief
Jensen Huang unveiled a raft of AI-related products in his first public speech in four years at Taiwan tech trade show, which included an AI supercomputer platform called DGX GH200, which he said is now "in full production".Sony profit beats forecast
The company reported record full-year sales of 11.5trn yen.Saudi Arabia partners with South Korean firm to boost its gaming industry
Riyadh, Saudi Arabia— Saudi Arabia has signed a memorandum of understanding (MoU) with Wemade, a South Korean firm, to boost its presence in the gaming sector.The agreement between the Saudi ministry of investment and Wemade will enable the South Korean firm to widen its footprint in the kingdom. Wemade is...A ‘VUCA’ world demands digital resilience
As organizations prepare for the next wave of disruption, including responding to cyber-attacks, keeping the enterprise environment secure, and accommodating remote workers, digital resilience will be the watchword.KSA, UAE play well as e-gaming trends across GCC
The gaming markets in Saudi Arabia, the UAE and Egypt is expected to be worth $3.14bn by 2025, according to California-based market research and consulting firm Niko Partners.Cybersecurity: Convenience comes with online threats
By slowing down and breaking the sometime mindless scrolling habit, we can make decisions with a focused mind and not fall for the tricks of social engineers who rely on us being distracted, advises Rizk while giving tips for keeping your personal info safe this Data Privacy Day.Dubai Multi Commodities Centre launches DMCC Gaming Centre
Dubai, UAE---Dubai Multi Commodities Centre (DMCC), which is currently home to more than 50 gaming companies, has launched the DMCC Gaming Centre during the Dubai Esports Festival. The gaming companies in the DMCC range from game developers and producers to esports teams and tournament organizers. In a statement, DMCC said...How gaming firm Ubisoft mashed ‘Rabbids’ into ‘Mario’ world
The game merges Nintendo's Mario, the Italian plumber who has given his name to an entire universe of games, with Ubisoft's Rabbids, a series focused on the adventures of a species of screeching, hyperactive rabbit-like animals.Dubai Metaverse Assembly takes delegates to Mars
Participants were taken on an immersive space journey to a detailed metaverse city on the Red Planet.Saudi to organize esports and gaming event Next World Forum in Sept
The Next World Forum, an esports and gaming forum that will bring together sector leaders and experts from around the world, will be held in Riyadh from 7 to 8 September 2022. The forum will be held at the Four Seasons Hotel in Riyadh, where the global gaming and esports...Metaverse is in the making since 90s: Expert
As a multidimensional world extending the physical realities of our current 4D world, it is rather a product of the different waves of digitization and internet development that started in the 90s, adds Blanchard.Qatar has a new fixation: eSports
World Cup host Qatar doesn't just have its sights set on football -- it also hopes to harness its people's gaming skills as it launches into the burgeoning eSports sector.MENA gaming sector plays well with new technologies
The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar.Nintendo profits rise as demand booms
The rise is also attributed to the popularity of the Switch.Hackers steal over $600m in major crypto heist
Sky Mavis, maker of battle and trading game Axie Infinity, discovered the security breach on Tuesday, March 23, after a user was unable to withdraw the cryptocurrency ether, according to the company.Alibaba shares slump 5%
The drop followed reports that the Ant Group was being probed.GCC tech markets yet to recover from Covid-19
It's time to review demand generation plans as Covid-19 is still posing challenges for the regional markets, says Michele Montecchio, Acer's country manager for the region.Wynn Resorts-RAK deal raises a few eyebrows
Legal experts weigh in on what lies ahead for the UAE when it comes to gaming entertainment in various forms.Saudi sovereign wealth fund PIF has $1.2 bn stakes in two Japan gaming firms
RIYADH: Saudi Arabia’s biggest sovereign wealth fund, Public Investment Fund, has stakes of more than 5 percent in two Japan-listed gaming companies. Bloomberg said the combined holdings are worth around $1.2 billion in Capcom Co., the maker of the Street Fighter and Resident Evil franchises, and online games provider Nexon...Green Hydrogen Production among 98 new activities added to Dubai economy
A total of 98 new economic activities have been added to several sectors of Dubai in 2021, bringing the total number of economic activities to more than 2,200. In 2020, the Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET), Dubai, had added 52 new...Crown Prince Salman-headed Group to develop Saudi gaming industry
Saudi Arabia has launched a group to develop its video gaming industry, state media reported Wednesday, as the kingdom seeks to diversify its oil-dependent economy. Video gaming and esports have grown in popularity in the kingdom of some 35 million people, the majority of whom are under the age of...Ras Al Khaimah to allow ‘gaming’ at upcoming resort in Marjan
The emirate of Ras al-Khaimah on Tuesday announced a multibillion-dollar deal with casino giant Wynn Resorts and said it will allow “gaming”, without elaborating what “gaming” referred to. A media report said the announcement comes after months of rumors about gambling coming to the UAE, where Islam, which prohibits gambling,...Microsoft to buy Activision Blizzard
The $69-billion deal is the largest acquisition in the gaming world.Masses gearing up as NFTs enter video games
Non-fungible tokens are digital items whose certificates of authenticity and ownership are registered on blockchains, the technology behind cryptocurrencies.Mubadala and AD Gaming sign MoU
Both will cooperate to build a gaming and esports ecosystem in UAE.Epic Games pulls Fortnite from China
Fortnite’s Chinese test version was released in 2018, but it never got the permission to be formally launched and monetized.Augmented reality: an early taste of the metaverse?
The key idea behind metaverse, supposedly the internet of the future, is the blurring of the divide between the physical world and the digital one.Twitch video gamers go offline to protest ‘hate raids’
The protest organized using the social media hashtag #ADayOffTwitch was intended to get Twitch to do more to protect streamers from attacksAt $690m, Saudi gaming market is next big thing in region
Saudi Arabia has seen a sharp rise in the gaming market among its population, with total gamers running into 21 million and the market growing at 4.1 percent this year.










































