The Arab country intends to create 39,000 jobs in the gaming industry and become a global hub for the sector by 2030, following a strategy launched last week.
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Brazil’s president Jair Bolsonaro announced a cut in import tax rates from 16% to 12% on video games, consoles and accessories starting in July.
A consultancy service estimates a significant increase in gaming and e-sports revenue in the Saudi market by 2030.
Mobile, computer and console games are developed in various regions of the country and exported to markets such as the US, Canada, Europe, and Asia. Sector is aiming at Arab countries like Egypt and the UAE.