General Entertainment Authority sign memorandum of Understanding with MCIT

General Entertainment Authority sign memorandum of Understanding with MCIT
General Entertainment Authority sign memorandum of Understanding with MCIT

Saudi Arabia's Ministry of Communications and Information Technology (MCIT) today signed a Memorandum of Understanding with the General Entertainment Authority (GEA), on the sidelines of the entertainment industry conference held in Riyadh to launch a business accelerator to support the development of electronic games locally and build human resources working in the field of digital entertainment, in addition to the establishment of a joint center for digital innovation.

The MoU was signed by the Minister of Communications andInformation Technology Eng. Abdullah Al-Swaha, and Turki bin Abdulmohsen AlAl-Sheikh, Advisor at the Royal Court and Chairman of the Board of Directors ofthe GEA in the presence of a number of officials.

The signing of the agreement represents the commitment ofboth sides to the localization of the digital entertainment industry, supportof startups in this domain, and boosting the local content as electronic gameshave generated revenues from the Saudi market estimated at 2.8 billion riyalsin 2018.

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