The Saudi Esports Federation signs an MOU with Bandai Namco Entertainment Inc.
The Saudi Esports Federation signed a Memorandum of Understanding (MOU) with Bandai Namco Entertainment Inc. in Tokyo, the capital city of Japan. As part of the signing ceremony, His Royal Highness Prince Faisal bin Bandar bin Sultan Al Saud, Chairman of the Saudi Esports Federation, and Bandai Namco Entertainment Inc. President and Chief Executive Officer, Mr. Yasuo Miyakawa were there. This aims to further develop the Middle East gaming and esports industry.
As stipulated in the Memorandum of Understanding between the Saudi Esports Federation and Bandai Namco Entertainment Inc., both parties will discuss opportunities to cooperate to promote esports tournaments for Bandai Namco games in Saudi Arabia.
Bandai Namco Entertainment Inc. is a global entertainment leader that publishes and distributes video games and entertainment products worldwide. Aiming for an entertainment business not only centered on video games, they have grown from a single company that focused primarily on video games into a large-scale business that covers all aspects of entertainment.
During the signing ceremony His Royal Highness Prince Faisal bin Bandar bin Sultan stated: "We at the Saudi Esports Federation are excited to collaborate with Bandai Namco Entertainment Inc. in order to expand and utilize more opportunities within the esports sector in Saudi Arabia."
According to the Saudi Esports Federation, this is a proactive step that will positively impact the future growth of esports. A new chapter will also be opened for the gaming and esports industries in Saudi Arabia, along with Bandai Namco Entertainment Inc., marking an important milestone for the kingdom's esports industry.