BUSINESS● LOWAug 23 · Aug 23, 2026, 9:44 AM
Why Saudi Arabia is spending billions to become a global Esports power?
France 24 [en]
Saudi Arabia is betting big on the global gaming industry. It's already gobbled up Electronic Arts in a $55 billion deal and the flagship Esports World Cup is now being held outside the country -- in Paris -- for the first time. This is part of efforts to diversify away from its oil and gas driven economy.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS37m agoBlackRock Non-GAAP EPS of $15.93 beats by $1.63, revenue of $7.75B beats by $320MSeeking Alpha TechBUSINESS37m agoKBR, Inc declares $0.165 dividendSeeking Alpha Tech