Riyadh, August (پاکستان پوائنٹ نیوز 27 أغسطس 2025ء) The partnership reflects SEF’s role in leading the ecosystem locally and globally, alongside Merak Capital’s commitment to investing in promising technology companies. It creates an integrated framework that supports talent, startups, and innovation.
This collaboration builds on initiatives launched by the Merak Gaming Fund, an $80 million investment fund under the Gaming and Esports Sector Financing Program, overseen by the National Development Fund in cooperation with the Social Development Bank and SEF. The fund plays a pivotal role in achieving the objectives of the National Gaming and Esports Strategy and complements the “Ignite Digital Content Program,” contributing to innovation, growth, and strengthening the Kingdom’s position as a global hub for gaming and esports.
The National Development Fund supervises support for promising sectors, including gaming and esports, through an integrated development financing system. The Merak Gaming Fund drives investment and innovation, enhances strategic cooperation, and supports the growth of startups and flagship projects, reinforcing the Kingdom’s role as a regional leader in digital entertainment and economic development, in line with Saudi Vision 2030.
Chief Executive Officer of SEF Rawan AlButairi said that SEF’s vision is to create world champions and build a globally competitive sector. She emphasized that this partnership accelerates the achievement of that vision through a qualitative investment that empowers national talent and transforms ideas and plans into tangible projects. She noted that it contributes to building a sustainable national economic legacy and reinforces the Kingdom’s position as a global leader in gaming and esports.
Founder and Chief Executive Officer of Merak Capital Abdullah Al-Tamami described the partnership as an important step in supporting the objectives of the National Gaming and Esports Strategy. He emphasized that uniting efforts with SEF will empower Saudi entrepreneurs and developers and strengthen the Kingdom’s global presence in the gaming industry.
The MoU also opens new avenues for cooperation across the gaming value chain, including the development of training programs and professional certificates, enhancing international partnerships, and supporting the Kingdom’s participation in global events and tournaments. The partnership focuses on attracting international gaming companies and studios to the Kingdom, contributing to knowledge transfer and local capacity building.
Through this collaboration, SEF and Merak Capital seek to establish a sustainable and scalable ecosystem that drives innovation, creates new economic opportunities, and advances the Kingdom’s leadership in the global gaming and esports industry.
