Saudi Arabia’s Savvy Games Group to Invest $37.8 Billion

"Savvy Games Group is one part of our ambitious strategies aiming to make Saudi Arabia the ultimate global hub for the games and esports sector by 2030," Crown Prince Mohammed bin Salman said. Asharq Al-Awsat

Riyadh: Asharq Al Awsat

06:54-30 September 2022 AD ـ 05 Rabi’ Al-Awwal 1444 AH

Riyadh: Asharq Al Awsat

06:54-30 September 2022 AD ـ 05 Rabi’ Al-Awwal 1444 AH

Saudi Arabia’s Savvy Games Group to Invest $37.8 Billion

Saudi Arabia's Savvy Games Group said it will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making the Kingdom a global hub for gaming.

The investments will include 70 billion riyals to take several minority stakes in companies that support Savvy's game development agenda and 50 billion riyals to acquire "a leading game publisher to become a strategic development partner".

Another 20 billion riyals will be invested in mature industry partners who bring expertise to Savvy's portfolio and 2 billion riyals will target industry disruptors "to grow early-stage games and esports companies."

"We are harnessing the untapped potential across the esports and games sector to diversify our economy, drive innovation in the sector and further scale the entertainment and esports competition offerings across the Kingdom."

Aprilia’s Martin Suffers Lung, Ribs Injury in GP Return

Spanish MotoGP rider Jorge Martin of Aprilia Racing in action during the Motorcycling Grand Prix of Qatar at the Lusail International Circuit, in Lusail, Qatar, 13 April 2025. (EPA)

10:28-14 April 2025 AD ـ 16 Shawwal 1446 AH

Aprilia’s Martin Suffers Lung, Ribs Injury in GP Return

Spanish MotoGP rider Jorge Martin of Aprilia Racing in action during the Motorcycling Grand Prix of Qatar at the Lusail International Circuit, in Lusail, Qatar, 13 April 2025. (EPA)

Reigning champion Jorge Martin had a nightmare return to MotoGP after the Aprilia rider suffered a crash at Sunday's Qatar Grand Prix that injured his lung and ribs.

Martin was competing at his first Grand Prix weekend after missing the opening three rounds following a crash in pre-season testing that fractured his foot and hand.

The Spaniard went down on Sunday at the kerb on turn 11 under the lights at the Lusail International Circuit and struggled to get back on his feet before being taken to the medical center.

"Jorge Martin underwent a CT scan that showed an increase in the pneumothorax, this will make it necessary to place a drainage in aspiration," Aprilia said in a statement.

"The rider will have to remain under observation for a few days in the hospital until the pneumothorax resolves.

"The final examination shows, also, six fractures on the right posterior arches from one to six."

Aprilia did not give a potential timeline for Martin's return, with the next round in two weeks' time on home turf at the Spanish Grand Prix.

"Performance moves to the back burner today and our thoughts are with Jorge at this difficult period. We stand with him," said Aprilia CEO Massimo Rivola.

Ducati's Marc Marquez won the race in Qatar to extend his lead over his younger brother Alex in the rider's championship to 18 points.

Saudi Arabia’s Savvy Games Group to Invest $37.8 Billion

Saudi Arabia’s Savvy Games Group to Invest $37.8 Billion

Most Viewed

Aprilia’s Martin Suffers Lung, Ribs Injury in GP Return

Aprilia’s Martin Suffers Lung, Ribs Injury in GP Return

لم تشترك بعد