live Russian strikes on Ukraine overnight kill at least four
At least four people were killed in Russian strikes on Ukraine's southeastern Dnipropetrovsk region ov...
Saudi Arabia has cemented its position as a major player in the global gaming industry with the $55 billion acquisition of Sims and Battlefield-maker Electronic Arts, marking its biggest step yet toward Vision 2030’s digital diversification goals.
The influence of Gulf countries, especially Saudi Arabia, is steadily growing in the global video game market, which is expected to reach $600 billion within the next five years. Industry data from Grand View Horizon shows the market’s value rose from about $300 billion in 2024 to $337 billion so far in 2025.
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has been the driving force behind this expansion, making high-profile investments in major gaming companies and initiatives tied directly to Crown Prince Mohammed bin Salman’s Vision 2030 plan. The National Gaming and Esports Strategy (NGES), launched in 2022, positioned gaming as a key sector in the kingdom’s economic diversification agenda.
The landmark purchase of Electronic Arts for $55 billion through a Saudi-led consortium, with PIF as the largest investor, became the biggest gaming deal since Microsoft’s $68.7 billion acquisition of Activision Blizzard, the developer behind World of Warcraft and Call of Duty.
Through Savvy Games Group, a PIF-backed entity, Saudi Arabia has also made significant inroads into the global e-sports scene. The group bought Los Angeles-based Scopely for $4.9 billion and previously acquired two major tournament organisers, ESL and FaceIt, for $1.5 billion combined.
Saudi Arabia’s ambitions have been showcased through initiatives such as the Gamers8 festival, which began in Riyadh in 2022 and has since grown into one of the world’s premier e-sports events. Its 2023 edition featured an unprecedented $45 million prize pool, setting a record in competitive gaming.
The kingdom’s focus on gaming reflects both cultural and demographic realities. Research cited by the law firm Bird & Bird shows that between 67% and 89% of Saudis regularly play video games, with nearly half of Saudi women identifying as gamers—far above the global average.
As Saudi Arabia deepens its investments, its growing footprint in the gaming industry signals a strategic shift not only toward economic diversification but also toward shaping the future of global entertainment.
Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
The Iranian Army has again struck at U.S. bases in Kuwait and the United Arab Emirates in retaliation for U.S. attacks on southern and western parts of Iran late on Tuesday, which reportedly killed 18 people and injured more than 100 others.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
At least four people were killed in Russian strikes on Ukraine's southeastern Dnipropetrovsk region overnight, according to its Governor Oleksandr Hanzha. Attacks also hit the Mykolaiv and Kherson regions in the south of the country, as well as Donetsk in the east.
At least two people were killed and dozens injured on Friday after an explosion at a military barracks in the Bolivian municipality of Viacha, about 30 km (20 miles) from La Paz, Defence Minister Ernesto Justiniano said.
The resolution, sponsored by African countries and led by Togo, passed by 164 votes to one, with six abstentions. The United States was the only country to vote against it.
Food prices around the world rose sharply in August, reaching their highest level since late 2022 as extreme weather and disruptions caused by conflicts drove the surge according to the United Nations' Food and Agriculture Organization.
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
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