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
"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
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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
"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

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."

"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 Thursday.

"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."



Novak Djokovic Beats Carlos Alcaraz and Gets Closer to 25th Grand Slam Title

Novak Djokovic of Serbia gestures during his quarterfinal match against Carlos Alcaraz of Spain at the Australian Open tennis championship in Melbourne, Australia, Tuesday, Jan. 21, 2025. (AP Photo/Manish Swarup)ASSOCIATED PRESSLess
Novak Djokovic of Serbia gestures during his quarterfinal match against Carlos Alcaraz of Spain at the Australian Open tennis championship in Melbourne, Australia, Tuesday, Jan. 21, 2025. (AP Photo/Manish Swarup)ASSOCIATED PRESSLess
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Novak Djokovic Beats Carlos Alcaraz and Gets Closer to 25th Grand Slam Title

Novak Djokovic of Serbia gestures during his quarterfinal match against Carlos Alcaraz of Spain at the Australian Open tennis championship in Melbourne, Australia, Tuesday, Jan. 21, 2025. (AP Photo/Manish Swarup)ASSOCIATED PRESSLess
Novak Djokovic of Serbia gestures during his quarterfinal match against Carlos Alcaraz of Spain at the Australian Open tennis championship in Melbourne, Australia, Tuesday, Jan. 21, 2025. (AP Photo/Manish Swarup)ASSOCIATED PRESSLess

Novak Djokovic refused to let anything stop his pursuit of a record 25th Grand Slam trophy in the Australian Open quarterfinals. Not a problem with his left leg. Not an early deficit. And not the kid across the net, Carlos Alcaraz, who was making things difficult and eyeing his own bit of history.

Djokovic overcame it all, just as he has so often along the way to so many triumphs, moving into the semifinals at Melbourne Park for the 12th time with a 4-6, 6-4, 6-3, 6-4 victory over Alcaraz in a scintillating showdown Tuesday night between a pair of stars born 16 years apart and at opposite ends of their careers, The AP reported.

The action was non-stop, the shot-making brilliant, even as the match stretched on for more than 3 1/2 hours and nearly to 1 a.m. — never more so, perhaps, than when Alcaraz saved a break point that would have put Djokovic ahead 5-2 in the fourth set, allowing him to serve for the win. The 33-stroke exchange was the longest of the evening, and when it ended with Djokovic sailing a forehand long, the capacity crowd at Rod Laver Arena went wild. Djokovic reached for his bothersome leg and yelled toward his entourage; Alcaraz, his chest heaving, leaned on a towel box and grinned.

Turned out that only delayed the final result.

With his wife, son and daughter cheering in the stands, the No. 7-seeded Djokovic prevailed thanks to the sort of remarkable returning and no-mistakes-made groundstrokes against Alcaraz that now-retired rivals Roger Federer and Rafael Nadal dealt with for years.

Djokovic enjoyed some of his own best efforts in the latter stages, pointing to his ear or blowing kisses or spreading his arms while puffing out his chest. There was the forehand winner on a 22-stroke point that earned the break for a 5-3 lead in the third set. There was that set’s last point, which included a back-to-the-net sprint to chase down a lob. Alcaraz wasn’t shy, either, shouting “Vamos!” and pumping his fists after one particularly booming forehand in the fourth set.

On Friday, Djokovic’s 50th major semifinal will come against No. 2 seed Alexander Zverev, a two-time runner-up at majors who beat No. 12 Tommy Paul 7-6 (1), 7-6 (0), 2-6, 6-1. The other men’s quarterfinals are Wednesday: No. 1 Jannik Sinner vs. No. 8 Alex de Minaur, and No. 21 Ben Shelton against unseeded Lorenzo Sonego.