Gaming giant Tencent Games picks Dubai for MENA headquarters

Ammar Al-Malik, managing director of Dubai Internet City and Dubai Outsource City, left, with Vincent Wang, general manager of the Global Publishing Department at Tencent Games. (Photo supplied)
Updated 26 June 2019

Gaming giant Tencent Games picks Dubai for MENA headquarters

DUBAI: China’s Tencent Games has chosen Dubai as regional headquarters for its Middle East and North Africa operations, with Dubai Internet City housing the gaming giant’s office.

Tencent Games was launched in 2003 and has since grown into a global platform for game development, publishing and operation. Its ownership stakes and alliances with many major video game companies includes Fornite, Ubisoft, Activision-Blizzard, Riot Games, Supercell and Take-Two Interactive Software.

The opening of Tencent Games’ regional headquarter is an indication of increased activities in the local and regional games industry which covers digital entertainment, education and cultural experiences, a statement said.

According to market research firm Newzoo, the revenue of the UAE games sector is estimated at $324 million (1.2 billion dirhams) in 2019. Furthermore, over 80 percent of smartphone users in the UAE play mobile games, it said.

The UAE has the highest mobile penetration rate in the world at 173 per cent – nearly double the country’s population, according to a report by Statista released in late 2018. This is a considerable figure and represents a wealth of opportunities for game developers, with revenues from mobile games representing more than half the income generated in the entire industry.

“Gaming moves beyond entertainment and is increasingly used to engage and educate, and as more gamers and creative enthusiasts enter the industry, we can certainly expect the market to develop rapidly in the coming years,” Ammar Al-Malik, managing director of Dubai Internet City and Dubai Outsource City said.

Vincent Wang, general manager of the Global Publishing Department at Tencent Games, said: “The UAE’s high mobile and internet penetration is an extremely encouraging indicator for tech firms across the world, and is especially relevant to the global games industry.”


Lulu launches reusable bag in support to fight breast cancer

Updated 13 October 2019

Lulu launches reusable bag in support to fight breast cancer

RIYADH: LuLu is launching a charity initiative entitled “Buy Green, Support Pink” that promotes buying reusable bags in support of Zahra Breast Cancer Association (Zahra). Having kicked off on 9th October at LuLu Hypermarket Atyaf Mall, Yarmouk, the dynamic campaign highlights two advocacies for both caring for the environment and giving back to the society. For every purchase of LuLu reusable bag, one (1) SAR will be donated to Zahra.

Mrs.Awatyf Al-Hawshan – Board Member, Zahra Breast Cancer Association launched the campaign with the presence of LuLu Hypermarket Director for KSA, Mr. Shehim Mohammed. together with other officials of LuLu Saudi Hypermarkets.