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."

Paolini and Italy Beat Slovakia to Win Billie Jean King Cup

Italy's Jasmine Paolini (C) and Team Italy teammates hold up the trophy after winning the Billie Jean King Cup Finals at the Palacio de Deportes Jose Maria Martin Carpena arena in Malaga, southern Spain, on November 20, 2024. (Photo by Thomas COEX / AFP)

Asharq Al Awsat

08:54-21 November 2024 AD ـ 20 Jumada Al-Ula 1446 AH

Asharq Al Awsat

08:54-21 November 2024 AD ـ 20 Jumada Al-Ula 1446 AH

Paolini and Italy Beat Slovakia to Win Billie Jean King Cup

Two-time Grand Slam finalist Jasmine Paolini capped a breakthrough season by leading Italy to its first Billie Jean King Cup title since 2013 on Wednesday, defeating Rebecca Sramkova 6-2, 6-1 to seal a 2-0 victory over Slovakia in the final of the women’s team competition.
When Paolini's win ended, she was joined on court by her teammates, and they embraced each other, then danced and sang along as the Gypsy Kings' version of “Volare” blared on the loudspeakers, The Associated Press reported.
The No. 4-ranked Paolini was the runner-up at the French Open in June and at Wimbledon in July, making her the first woman since Serena Williams in 2016 to get to the title matches at Roland Garros and the All England Club in the same season. Before this year, Paolini, who is 28, had lost in the first or second round in all 16 career appearances at majors.
“Unbelievable year. Unbelievable. A crazy year. To finish like this, with a title ... it’s amazing. I don’t have words to describe it. I’m trying just to enjoy every moment,” Paolini said. “I feel lucky to be in the position. I feel lucky to be part of this team.”
She also teamed with Sara Errani to win a doubles gold medal at the Paris Olympics in August. They were lined up to play in the concluding match against Slovakia, but it wasn't needed because Italy clinched the best-of-three series by sweeping the two singles matches.
“Jasmine raised her level really high this year. ... She’s an example for all of us,” said her teammate, 78th-ranked Lucia Bronzetti, who took Wednesday’s opener by a 6-2, 6-4 score against Viktoria Hruncakova before a crowd that included International Tennis Hall of Famer and equal rights pioneer Billie Jean King herself.
Bronzetti called it an “honor” to compete in front of the woman for whom the event is named, saying, “She is a great person, a great legend.”
Italy, which eliminated Iga Swiatek and Poland in the semifinals, earned its fifth championship a year after finishing as the runner-up to Canada.
“I’m so proud of them. They fight every day,” Italian captain Tathiana Garbin said. “This journey was incredible.”
The triumph adds to what’s been quite a recent run for Italy in tennis, including two Grand Slam trophies in 2024 and the No. 1 men’s ranking for Jannik Sinner, who helped his country claim last year’s Davis Cup. Sinner and Italy meet Argentina in the men’s quarterfinals Thursday.
This is the first time the two premier International Tennis Federation team events are being held at the same site, although the women’s matches are being played in a much smaller venue. They are using a temporary court set up under a white tent, with a capacity of 4,000; the men are playing in a permanent arena with 9,200 seats that were full Tuesday for Rafael Nadal’s last match before retirement in Spain’s loss to the Netherlands.
Bronzetti never had played a BJK Cup singles match until this week. She said she didn’t find out until Tuesday night that she would be in the lineup against Slovakia.
“I didn’t sleep very well,” Bronzetti said.
“You’re not playing just for yourself,” she said. “You’re playing for your team and your country.”
Serenaded by chants of her first name — “Loo-Chee-Ah! Loo-Chee-Ah!” — that mingled with the sounds of a drum and red plastic horn played in the cheering section behind Slovakia’s bench, Bronzetti claimed the last three games of the first set and the last four of the match.
She trailed 4-2, 40-15 in the second set but turned it around.
“I was a little worried I was going to a third,” Bronzetti said.
Slovakia, which won the BJK Cup in 2002, eliminated the United States, Australia and Britain to get to the final this time.

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

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

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Paolini and Italy Beat Slovakia to Win Billie Jean King Cup

Paolini and Italy Beat Slovakia to Win Billie Jean King Cup

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