{"id":34534,"date":"2022-06-22T12:07:23","date_gmt":"2022-06-22T09:07:23","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=34534"},"modified":"2026-03-28T01:08:15","modified_gmt":"2026-03-27T22:08:15","slug":"mastercard-signs-mou-with-saudi-esports-federation-to-promote-the-kingdoms-billion-dollar-gaming-industry","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/mastercard-signs-mou-with-saudi-esports-federation-to-promote-the-kingdoms-billion-dollar-gaming-industry\/","title":{"rendered":"Mastercard signs MoU with\u00a0Saudi Esports Federation\u00a0to promote the Kingdom\u2019s billion-dollar gaming industry"},"content":{"rendered":"\n<ul class=\"wp-block-list\"><li>Partnership will see new products, services and solutions delivered to gamers and consumers in Saudi Arabia and wider region<\/li><li>Gaming and esports consumption in Saudi Arabia expected to reach&nbsp;<a href=\"https:\/\/www.bcg.com\/2021\/gaming-and-esports-sector-are-the-next-shift-in-media\">$6.8 billion<\/a>&nbsp;by 2030<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh, Saudi Arabia; 22 June 2022.\u00a0\u00a0<\/strong>Mastercard and the Saudi Esports Federation (SEF) have signed a Memorandum of Understanding (MoU) to help promote the Kingdom\u2019s billion-dollar gaming industry. Mastercard and SEF will collaborate on a range of innovations, including Metaverse and Augmented Reality (AR) activations, Non-Fungible Tokens (NFTs), gamers and fans\u2019 loyalty solutions, and a gaming virtual Mastercard card.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In line with the goals of Saudi Vision 2030, the strategic partnership will bring the leading global technology company together with the Federation to pioneer new and unique products, services, and solutions, delivering them to gamers and consumers across the Middle East and North Africa.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gaming and esports have been identified as drivers of growth across Saudi Arabia, supporting the ongoing&nbsp;transformation of the nation\u2019s digital infrastructure, economy, and society.&nbsp;Gaming and esports consumption in Saudi Arabia&nbsp;expected to reach&nbsp;<a href=\"https:\/\/www.bcg.com\/2021\/gaming-and-esports-sector-are-the-next-shift-in-media\">$6.8 billion<\/a>&nbsp;by 2030, according to a recent report by Boston Consulting Group.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dimitrios Dosis, President, Eastern Europe, Middle East and Africa, Mastercard, said<\/strong>: \u201cWe are delighted to partner with the Saudi Esports Federation (SEF). This historic agreement&nbsp;will help to showcase the new technologies that are playing important roles in transforming the Kingdom into a leading hub&nbsp;for gaming and Esports, and more broadly for&nbsp;business, tourism, leisure, and innovation. Together with SEF, we hope to curate special offerings, events, and engagements,&nbsp;using our technology to make payments easier for gamers&nbsp;and creating more immersive experiences and truly priceless moments for the people of Saudi Arabia and avid gamers from all around the world to enjoy.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/06\/\u0645\u0627\u0633\u062a\u0631\u0643\u0627\u0631\u062f-\u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f-\u0627\u0644\u0633\u0639\u0648\u062f\u064a-\u0644\u0644\u0631\u064a\u0627\u0636\u0627\u062a-\u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a\u0629-\u0661_ssict_1200_800.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/06\/\u0645\u0627\u0633\u062a\u0631\u0643\u0627\u0631\u062f-\u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f-\u0627\u0644\u0633\u0639\u0648\u062f\u064a-\u0644\u0644\u0631\u064a\u0627\u0636\u0627\u062a-\u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a\u0629-\u0661_ssict_1200_800-1024x683.webp\" alt=\"\u0645\u0627\u0633\u062a\u0631\u0643\u0627\u0631\u062f \u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0633\u0639\u0648\u062f\u064a \u0644\u0644\u0631\u064a\u0627\u0636\u0627\u062a \u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a\u0629 \u0661_ssict_1200_800\" class=\"wp-image-34535\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/06\/\u0645\u0627\u0633\u062a\u0631\u0643\u0627\u0631\u062f-\u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f-\u0627\u0644\u0633\u0639\u0648\u062f\u064a-\u0644\u0644\u0631\u064a\u0627\u0636\u0627\u062a-\u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a\u0629-\u0661_ssict_1200_800-1024x683.webp 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/06\/\u0645\u0627\u0633\u062a\u0631\u0643\u0627\u0631\u062f-\u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f-\u0627\u0644\u0633\u0639\u0648\u062f\u064a-\u0644\u0644\u0631\u064a\u0627\u0636\u0627\u062a-\u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a\u0629-\u0661_ssict_1200_800-300x200.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/06\/\u0645\u0627\u0633\u062a\u0631\u0643\u0627\u0631\u062f-\u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f-\u0627\u0644\u0633\u0639\u0648\u062f\u064a-\u0644\u0644\u0631\u064a\u0627\u0636\u0627\u062a-\u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a\u0629-\u0661_ssict_1200_800-768x512.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/06\/\u0645\u0627\u0633\u062a\u0631\u0643\u0627\u0631\u062f-\u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f-\u0627\u0644\u0633\u0639\u0648\u062f\u064a-\u0644\u0644\u0631\u064a\u0627\u0636\u0627\u062a-\u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a\u0629-\u0661_ssict_1200_800-1080x720.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/06\/\u0645\u0627\u0633\u062a\u0631\u0643\u0627\u0631\u062f-\u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f-\u0627\u0644\u0633\u0639\u0648\u062f\u064a-\u0644\u0644\u0631\u064a\u0627\u0636\u0627\u062a-\u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a\u0629-\u0661_ssict_1200_800.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ahmed Albishri, Chief Operating Officer, Saudi Esports Federation,&nbsp;<\/strong>said: \u201cFrom the very moment that the Saudi Esports Federation was established in 2017, we dedicated ourselves to organizing world-class national and international tournaments and events \u2014 experiences that speak to the potential of the Kingdom, its gaming community, industry and digital infrastructure. Today, we understand that it is decidedly important that we work with like-minded partners that share our values and aspirations to achieve our goals. As&nbsp;one of the world\u2019s leading technology companies&nbsp;who are doing a lot to expand their work in the gaming industry, Mastercard is best placed to join&nbsp;us in our&nbsp;mission. Our collaboration will go a long way to doing that, attracting investors to the Kingdom, and creating more opportunities for more people across the country.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As part of the MoU, a digital asset enablement project will be launched in the Kingdom, with Mastercard designing, developing, launching, and maintaining an Augmented Reality (AR) activation, along with its very own metaverse, in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Partnership will see new products, services and solutions delivered to gamers and consumers in Saudi Arabia and wider region Gaming and esports consumption in Saudi Arabia expected to reach&nbsp;$6.8 billion&nbsp;by 2030 Riyadh, Saudi Arabia; 22 June 2022.\u00a0\u00a0Mastercard and the Saudi Esports Federation (SEF) have signed a Memorandum of Understanding (MoU) to help promote the Kingdom\u2019s [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":34536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-34534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mastercard MoU - Promotes Saudi gaming industry | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"Mastercard MoU with Saudi Esports Federation to boost Saudi gaming. 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