Gaming, entertainment, and media technology
Mastercard Gateway will process Tamatem Plus checkouts in more than 13 markets, starting with Saudi Arabia and the UAE. Players can use cards, local methods and telecom wallets. No fee or volume was disclosed.
CST’s GameMode report for Q2 2026 named stc Platinum Gaming Operator for the first half, after a 60% improvement versus Q2 2025. Steam downloads hit 100% in a three-way tie. stc alone led latency on eight titles. The award is a repeat, not a debut.
Creative Investments Holding has raised USD 20 million at the first close of its founding round, targeting up to USD 50 million to acquire and scale creative industry businesses across Egypt and the wider region.
Roblox has chosen Riyadh as its regional headquarters for the Middle East and North Africa, deepening its Saudi investment. The Kingdom is one of the platform's top-grossing markets, with local creator earnings up 59 percent year on year.
Jeddah studio Majestic Mind Games has raised 1.45 million dollars co-led by Merak Capital and Impact46. The sum is small, but it funds original Saudi game IP aimed at global markets, part of a maturing homegrown gaming ecosystem under Vision 2030.
Electronic Arts has stopped trading on the Nasdaq after a Saudi PIF-led consortium completed its 55 billion dollar buyout, the largest leveraged buyout in history. EA now operates privately, cementing Saudi Arabia's arrival at gaming's center.
Riyadh's Ash Games has raised 1.5 million dollars co-led by Merak Capital and Impact46. The sum is small, but what it funds is not, backing original Saudi intellectual property drawn from Arabian folklore and aimed at a global console and PC audience.
Saudi Arabia's Public Investment Fund is nearing final approval for its 55 billion dollar acquisition of Electronic Arts, with EU antitrust and subsidy decisions now the last major hurdles before the largest all cash buyout in history can close.
Floaty Studio, a Riyadh based mobile game developer, has closed a one million dollar investment round from Merak Capital, deployed through the firm's dedicated Merak Gaming Fund, backing its push into global casual gaming markets.
Saudi Arabia is strengthening its global gaming presence through Savvy Games Group's $37.8 billion investment strategy spanning acquisitions of Scopely and ESL to education programs reaching millions of young Saudi gamers.