Statista analysts have published a report on the state of the UAE video game market. According to their forecasts, from 2024 to 2027, the market size will grow at an annual average growth rate of 5.4%.

MY.GAMES is strengthening its position in the MENA region (Middle East and North Africa). She announced the opening of a regional hub in the UAE capital.

Analysts from Niko Partners predict rapid growth in the gaming market of the MENA-3 region (Saudi Arabia, UAE and Egypt). It is estimated that in five years its revenue will increase by 56% at once.

Dubai wants to enter the top ten largest metaverse economies in the world. According to Bloomberg, the city authorities have launched a strategy under which the number of companies engaged in the metaverse and blockchain should grow fivefold in five years.

Stillfront Group has made another deal. A Swedish company has acquired a studio from the United Arab Emirates, Jawaker, which specializes in card games for mobile platforms. The transaction amount was $205 million.The Stillfront Group paid 74% of the amount in cash, and the remaining 26% in shares.

The annual turnover of the Arab Emirates gaming market is $283 million. Half of this amount is accounted for by mobile, — the analytical company Newzoo reports in the latest study.

Mobile market analysts from AdColony and On Device Research conducted a sociological study on players in major Middle Eastern countries. As it turned out, gamers in Saudi Arabia spend less time on games on average than residents of Egypt and the UAE, but they are more willing to make in-app purchases.