Central Asian leaders warn water shortages threaten regional stability
Central Asian leaders have warned that worsening water shortages now pose a direct threat to regional stability, urging coordinated action and stro...
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.
Pakistan is confident it can bring Iran to talks with the United States, a senior official said, citing “positive signals” from Tehran, as JD Vance is reportedly set to visit Islamabad on Tuesday for peace talks, according to Axios.
Iran’s Revolutionary Guards targeted three vessels, seizing two of them for alleged maritime violations and transferring them to Iranian shores, as U.S. President Donald Trump said Washington is extending its ceasefire with Iran until Tehran submits a proposal.
A gunman who killed seven people in a mass shooting in Kyiv on Saturday (18 April) had quarrelled with his neighbour before he opened fire on passersby, public broadcaster Suspilne cited Interior Minister Ihor Klymenko as saying on Tuesday.
Two local trains collided head-on north of Copenhagen on Thursday (23 April), injuring 17 people, five of them critically, according to emergency services.
Lufthansa will cut around 20,000 short-haul flights from its summer schedule as it moves to address sharply rising fuel costs linked to the Iran conflict.
U.S. Senate Republicans voted early on Thursday to advance a $70 billion package to fund Immigration and Customs Enforcement (ICE) and Border Patrol for three years.
Two local trains collided head-on north of Copenhagen on Thursday (23 April), injuring 17 people, five of them critically, according to emergency services.
Pope Leo urged young people and families to embrace reconciliation and lead with dignity as he spoke at Bata Stadium in Equatorial Guinea on the final day of his Africa tour.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of April, covering the latest developments you need to know.
The European Union is preparing its 20th round of sanctions against Russia over the war in Ukraine. The measures are close to being approved, after earlier delays linked to energy concerns in Slovakia and Hungary eased following repairs to the Druzhba oil pipeline.
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