SAUDI ARABIA’s PIF-backed Scopely acquires Pokemon GO maker for $3.5bn

 Scopely, a US-based firm backed by Saudi Arabia’s Public Investment Fund, has signed a deal worth $3.5 billion to acquire the video game division of Niantic Labs.

In a press statement, Scopely said that the team employed to make games such as Pokemon GO, Monster Hunter Now and Pikmin Bloom are included in the acquisition. 

This takeover aligns with the Kingdom’s ambitions to establish itself as a global gaming destination, with a national strategy aiming to ensure that the sector will contribute $13 billion to gross domestic product by 2030. 

In April 2023, Savvy Games Group, wholly owned by PIF, acquired Scopely for $4.9 billion.

“Few games in the world have delivered the scale and longevity of ‘Pokemon GO,’ which reached over 100 million players just last year. The experience also stands apart for its unique ability to foster in-person connections, with Pokemon GO live events attracting millions of attendees,” said Tim O’Brien, chief revenue officer and board member of Scopely. 

Despite being launched nearly a decade ago, Pokemon GO is still one of the most popular games in the world, with over 20 million weekly active players. 

O’Brien added: “After spending time with the Niantic team, it quickly became clear that this organization shares our inclination to create industry-leading outcomes and exceptional player experiences. We look forward to a bright future ahead.” 

The games business of Niantic Labs generated over $1 billion in revenue in 2024, according to the statement. 

In a separate release, the US-based firm said it would distribute an extra $350 million to its equity holders under the deal, yielding a total value of approximately $3.85 billion for the company’s shareholders. 

Niantic added that it will also spin off its geospatial AI business into a new firm named Niantic Spatial, under the leadership of its founder and CEO, John Hanke.

The company will be funded with $250 million of capital, including $200 million from Niantic’s balance sheet and a $50 million investment from Scopely. 

“I’m confident our games will thrive with Scopely. I’ve often talked about building ‘forever games,’ and I believe they will continue to be just that,” Hanke wrote on his LinkedIn page. 

Since the launch of Vision 2030, Saudi Arabia has been actively promoting the gaming industry, with PIF already holding stakes in major companies such as Nintendo, Electronic Arts, and Take-Two Interactive.

In 2024, the Kingdom also hosted the eSports World Cup, which carried a prize pool of over $60 million. 

source/content: arabnews.com (headline edited)

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Pokemon GO is one of the most popular games in the world, with over 20 million weekly active players. Shutterstock

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ISLAMIC WORLD : 2nd ‘Building Bridges Between Islamic Schools of Thought’ conference concludes in Makkah

Participants from more than 90 countries discuss development of comprehensive Islamic identity

1,800-page ‘Encyclopedia of Islamic Intellectual Harmony’ prepared by 60 scholars

The second “Building Bridges Between Islamic Schools of Thought” international conference concluded in Makkah early on Saturday, with participants from more than 90 countries adopting the “Encyclopedia of Islamic Intellectual Harmony.”


Held under the patronage of King Salman bin Abdulaziz, the two-day conference gathered senior muftis, scholars, and thinkers who also approved the strategic and executive plan for the document “Building Bridges between Islamic Sects,” a media statement said on Saturday.

The conference was organized by the Muslim World League and held under the theme “Towards an Effective Islamic Alliance.”

The high-level session dedicated to the recitation of the conference’s final statement, which was issued at dawn on Saturday, was attended by the Secretary-General of the Muslim World League, and Chairman of the Muslim Scholars Association, Sheikh Dr. Mohamed bin Abdul Karim Al-Issa; Member of the Council of Experts for Leadership in Iran, Sheikh Ahmed Mobalghi; Adviser at the Royal Court in Saudi Arabia, Imam and Preacher of the Grand Mosque, Sheikh Dr. Saleh bin Abdullah bin Hamid; Head of Religious Affairs at the Grand Mosque and the Prophet’s Mosque, Imam and Preacher of the Grand Mosque, Sheikh Dr. Abdulrahman Al-Sudais; Secretary-General of the International Islamic Fiqh Academy of the Organization of Islamic Cooperation, Dr. Mustafa Qutb Sano; Member of the Council of Senior Scholars in Saudi Arabia, Dr. Youssef bin Mohamed bin Saeed; and the Mufti of Sidon in Lebanon, Sheikh Mohamed Osseiran.

The attendees witnessed the launch of the “Encyclopedia of Islamic Intellectual Harmony,” which was supervised by the Intellectual Protection Center at the Saudi Ministry of Defense, and was prepared by 60 scholars over about 1,800 pages.

The encyclopedia was refereed by the General Secretariat of the Council of Senior Scholars in Saudi Arabia, the Islamic Fiqh Academy, and the Supreme Council of the Muslim World League to be a roadmap for relations between Muslim sects.

Participants also decided in the final statement to consider the “Document on Building Bridges between Islamic Schools of Thought” with its 28 articles as the basis and starting point for the path of joint Islamic action “scientifically” and “intellectually,” with a view to strengthening brotherhood and solidarity among the peoples of Muslim nations.

The attendees further extended their sincere thanks to the leadership of the Kingdom for the great services they are providing to Islam and Muslims.

They also affirmed their pride in the comprehensive Islamic identity, and their supportive stance toward the steadfastness of the Palestinian people on their land, and their rejection of displacement and destruction projects.

The conference witnessed several sessions addressing developments in Palestine, Sudan, and Syria, as well as issues concerning Muslim minorities around the world.

source/content: arabnews.com (headline edited)

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SAUDI ARABIA : Holy Qur’an Museum opens in Makkah

Hira project provides immersive experience of Islamic history, Qur’anic heritage

Makkah Deputy Gov. Prince Saud bin Mishaal bin Abdulaziz recently inaugurated the Holy Qur’an Museum in Makkah’s Hira Cultural District.

Developed under the supervision of and with support from the Royal Commission for Makkah City and the Holy Sites, the museum highlights the Qur’an as the primary source of guidance for Muslims and is designed to enrich the religious and cultural experience for both locals and visitors.

It is home to rare manuscripts, historical copies of the Qur’an and interactive displays that allow visitors to explore the journey of Qur’anic transcription and its preservation through history, the Saudi Press Agency reported.

Spanning about 67,000 sq. meters, the Hira Cultural District is a focal point for those keen to experience the spirit and history of Makkah. Centered on Mount Hira, where the first revelation descended, it includes various facilities designed to enhance the religious and educational experience.

Among them is the Revelation Exhibition, which offers an interactive portrayal of the descent of revelation, and another that allows visitors to ascend to Hira Cave which was the scene of the revelation.

Among the artifacts on display are a photographed copy of the Qur’an manuscript of Uthman bin Affan and several ancient stone inscriptions of Qur’anic verses.

The project also incorporates the Saudi Coffee Museum, the Cultural Library and Hira Park.

The Holy Qur’an Museum will remain open throughout Ramadan.

source/content: arabnews.com (headline edited)

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The museum highlights the Qur’an as the primary source of guidance for Muslims and is designed to enrich the religious and cultural experience for both locals and visitors. (SPA)

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SAUDI ARABIA : Minister of Communications Honors Scientists and Innovators at LEAP25 as Innovation Authority Launches National Initiatives for Future Economies

Minister of Communications and Information Technology Abdullah Alswaha honored 12 scientists and innovators with the Research Excellence Award in Future Economies, recognizing outstanding research and innovation efforts aligned with national priorities.

The honorees included Professor Carlos Duarte, Professor Mohamed-Slim Alouini, Professor Ghulam Muhammad, Professor Tareq Al-Naffouri, Professor Bernard Ghanem, Professor Abdullah Abusorrah, Professor Osman Bakr, Professor Saleh Alshebeili, Professor Obaid Al-Saqqaf, Professor Ahmed Al-Qarni, Professor Donal Bradley, and Professor Khalid Al-Mashouq.


During the Innovation in Future Economies event, held alongside the LEAP25 conference in Riyadh, the Research, Development, and Innovation Authority announced the launch of several national initiatives aimed at advancing research and innovation in key economic sectors. These initiatives focus on unifying efforts in future economies and enabling the Kingdom to shape a prosperous economic future.
Among the announced initiatives is the development of a general, reliable, and human-centric artificial intelligence by 2050, the creation of a scalable and fault-tolerant quantum computer by 2045, and the establishment of five knowledge cities in Saudi Arabia by 2040, moving beyond traditional smart city concepts.


Additionally, the authority announced the establishment of the first private-sector Center of Excellence in Artificial Intelligence and Data Analysis for health research and development. This initiative, launched in collaboration with Fakih Group, involves an investment of SAR 100 million and aims to position the Kingdom as a global hub for AI-driven healthcare innovation. By strengthening partnerships between academic institutions and the industrial sector, the initiative seeks to accelerate research breakthroughs and maximize their impact.


The Future Economies Innovation event also featured an announcement by the National Semiconductor Hub, unveiling plans for a design center and manufacturing facility for semiconductors in Saudi Arabia. This initiative includes the participation of 10 specialized companies in electronic chip design and a strategic partnership with RCM to develop the first Saudi-designed electronic chip for both local and global markets.


These initiatives, launched by the Research, Development, and Innovation Authority, reflect Saudi Arabia’s commitment to fostering an innovative ecosystem that supports the growth of a knowledge-based economy. By investing in emerging economic fields, the Kingdom continues to strengthen its international position in line with its ambitious national targets for vital sectors.

source/content: spa.gov.sa (headline edited)

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SAUDI teacher Mansour Al-Mansour wins Gems Education Global Teacher Prize at World Governments Summit

 Saudi teacher Mansour Al-Mansour was awarded the Gems Education Global Teacher Prize at the World Governments Summit in Dubai on Thursday.

Al-Mansour received the award at the end of the summit, an annual event that draws leaders from across the globe.

An educator known for his charity work and instructing prisoners, Al-Mansour won the prize of $1 million.

Al-Mansour is also an author and is known for work in his community, including a program that helps ensure people have access to air conditioning maintenance during Saudi Arabia’s scorching summer months.

The prize is awarded by the Varkey Foundation, whose founder, Sunny Varkey, established the for-profit GEMS Education company that runs dozens of schools in Egypt, Qatar and the UAE.

– With inputs from AP

source/content: arabnews.com (headline edited)

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Mansour Al-Mansour received the award at the end of the World Governments Summit in Dubai (AN)

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SAUDI ARABIA : Makkah hosts 10th international military Qur’an contest

179 participants from 32 Islamic countries to compete, promote moderate Islamic values.

The 10th International Military Qur’an Memorization Competition launched on Saturday in Makkah, attracting 179 participants from 32 countries.

Organized by the General Administration of Religious Affairs of the Armed Forces under the patronage of Defense Minister Prince Khalid bin Salman, the event promotes the significance of the Qur’an, encourages its memorization, and highlights Saudi Arabia’s role in serving Islam’s holy book and as the custodian of Islam’s holiest sites.

The competition features six categories: full Qur’an memorization; 20-part, 10-part, five-part, and three-part memorization; and a special category for recitation and tajweed (proper pronunciation).

Parallel activities include a Qur’anic forum for religious affairs directors and imams, showcasing Saudi Arabia’s efforts in Qur’an printing, translation, and distribution.

The forum also discusses the Qur’an’s moral values, the Kingdom’s contributions through its ministries, and the impact of tajweed on understanding the Qur’an.

Additionally, the General Administration of Religious Affairs offers training programs for religious affairs personnel across the armed forces, focusing on Qur’anic teaching methods and enhancing the skills of instructors and competition judges.

Maj. Gen. Mesfer Al-Issa, director of the General Administration of Religious Affairs and competition supervisor, described the event as a significant initiative to honor the Qur’an.

Al-Issa emphasized the Kingdom’s commitment to hosting this event, reflecting the leadership’s dedication to serving the Qur’an.

In an interview with Arab News, he highlighted the event’s profound impact on participants, especially as it takes place in the holy cities of Makkah and Madinah.

Al-Issa said that the Qur’an guides soldiers, shaping their character and values, and encouraging psychological, behavioral, and spiritual stability.

Soldiers grounded in the Qur’an and Sunnah are more balanced and resilient, contributing to the development of morally and spiritually strong armed forces, he said.

The 14-day event will include 10 days in Makkah before moving to Madinah for four days, where participants will visit the Prophet’s Mosque and other Islamic landmarks.

Judges, including imams from the Two Holy Mosques and Qur’anic scholars, use an advanced electronic evaluation system called “Insaf” (Fairness) for transparent scoring.

Contestants receive immediate feedback on memorization, pronunciation, tajweed, and error rates.

Al-Issa said that soldiers are selected through year-long national competitions to identify top military memorizers.

The competition also serves as a platform for military personnel from Islamic nations to promote moderate Islamic values and a proper understanding of the Qur’an through scientific forums.

Al-Issa said that the competition strengthens the Qur’an’s role in Islamic armed forces, supporting efforts to memorize, recite, and reflect on its teachings.

This helps build a generation of soldiers rooted in Islamic knowledge and guided by noble values, he added.

source/content: arabnews.com (headline edited)

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Contestants arrive to participate in the 10th International Military Qur’an Memorization Competition in Makkah.

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SAUDI ARABIA : Interpol to establish regional office in Saudi Arabia

The Kingdom and the international police organization sign host country agreement.

 Interpol is to establish an office in Saudi Arabia that will serve the Middle East and North Africa region.

Hisham Al-Faleh, undersecretary at the Kingdom’s Ministry of Interior, and Jurgen Stock, secretary-general of the international police organization, signed a host country agreement on Wednesday.

Prince Abdulaziz bin Saud, the Saudi Minister of Interior, and Maj. Gen. Ahmed Naser Al-Raisi, the president of Interpol, also attended the signing ceremony, the Saudi Press Agency reported.

In addition, they discussed Interpol’s activities during a meeting that also included Nasser Al-Dawood, the deputy minister of interior; Brig. Gen. Abdulmalik Al-Saqeeh, the director general of Saudi Interpol; and other senior officials.

source/content: arabnews.com (headline edited)

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Hisham Al-Faleh, undersecretary at the Kingdom’s Ministry of Interior, and Jurgen Stock, secretary-general of the international police organization, signed a host country agreement. (SPA)

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SAUDI ARABIA : ‘Nusuk’ celebrates big win at 2024 World Summit Awards

Launched in 2003 and with more than 186 countries participating, the prestigious WSAs are held biennially and recognize impactful digital initiatives.

The Saudi Ministry of Hajj and Umrah is the sole Saudi participant to win a 2024 World Summit Award in the Culture and Heritage category, thanks to its “Nusuk” platform.

The project competed against over 900 technical submissions from 160 countries.

Launched in 2003 and with more than 186 countries participating, the prestigious WSAs are held biennially and recognize impactful digital initiatives. They seek to bridge the global digital divide by honoring smart applications and creative online content. The WSAs are a key UN initiative, supported by the International Telecommunication Union.

The award reflects the Kingdom’s pioneering strategy in developing innovative technological solutions aimed at enhancing pilgrims’ experiences and highlighting cultural and heritage values.

FASTFACT

‘Nusuk’ is a suite of innovative technological solutions which facilitate the performance of pilgrimage rituals, address challenges and enhance operational efficiency.

It underlines the Saudi Ministry of Hajj and Umrah’s efforts to drive comprehensive digital transformation, in alignment with the goals of Saudi Vision 2030.

“Nusuk” is a suite of innovative technological solutions which facilitate the performance of pilgrimage rituals, address challenges and enhance operational efficiency.

It has already advanced significantly with the development of pioneering systems such as the Nusuk Card, Nusuk Masar and crowd management systems.

It also focuses on highlighting the Prophet’s biography and cultural landmarks in Makkah and Madinah, featuring more than 150 museums, monuments, restaurants, cafes and tourist destinations, among other notable sites that enrich the user’s experience.

Over 400 licensed guides are affiliated with the platform, offering customized excursions throughout the Kingdom to pilgrims.

The Ministry of Hajj and Umrah has said it is very proud of its achievement and reaffirmed its ongoing commitment to developing technological solutions that ensured the sustainability of the Hajj and Umrah sectors, facilitating easy access to smart services and ensuring a smooth and tranquil performance of the rituals.

source/content: arabnews.com (headline edited)

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nusuk application / Over 400 licensed guides are affiliated with the platform, offering customized excursions throughout the Kingdom to pilgrims. (Supplied)

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SAUDI ARABIA : King Faisal Prize announces winners for 2025

KSU professors, Canadian and Japanese scientists achieving breakthroughs in cellular therapy and carbon nanotubes win coveted prize

Selection committees held meetings at King Faisal Prize headquarters to select winners in Islamic studies, Arabic language and literature, medicine, and science

The King Faisal Prize 2025 laureates were announced at a ceremony in Riyadh on Wednesday night.


Two King Saud University professors, a Canadian scientist who achieved a breakthrough in cellular therapy and a Japanese scientist doing pioneering work in carbon nanotubes were winners of the most coveted prize in the Arab world.


Announcing the KFP 2025 winners, Dr. Abdulaziz Alsebail, secretary-general of the King Faisal Prize said: “The selection committees of the King Faisal Prize 2025, after meticulous deliberations that were held from Monday to Wednesday, have reached decisions for the prize’s four categories: Islamic studies, Arabic language and literature, medicine, and science. As for the fifth category, the King Faisal Prize for Service to Islam, the announcement will be made at the end of this month.”


The King Faisal Prize for Islamic Studies for 2025 (Topic: Studies of Archaeology in the Arabian Peninsula), was awarded jointly to Professor Saad Abdulaziz Alrashid and Professor Said Faiz Alsaid. Both are Saudi nationals and professors at King Saud University.


Alrashid was awarded the prize for his contribution to the study of Islamic archaeological sites and inscriptions of the Arabian Peninsula, which laid the scientific and methodological groundwork for scholars in this field.
His work has enriched scientific knowledge about Islamic civilization and has become an empirical source for future generations of researchers.


Alsaid was awarded the prize for the originality of his scientific studies, which are based on rich literature and published in several languages. His adaptation of a comparative methodology in studies of inscriptions and ancient writings of the Arabian Peninsula has had a profound impact on understanding the history of the Arabian Peninsula’s civilizations before Islam.
His studies are an important scientific reference for scholars of the history of the Arabian Peninsula and the ancient Near East.


The King Faisal Prize for Arabic Language and Literature (Topic: Studies of Identity in Arabic Literature), was withheld due to the nominated works not reaching the criteria for the prize.


The King Faisal Prize for Medicine (Topic: Cellular Therapy), has been awarded to Michel Sadelain (Canada), Stephen and Barbara Friedman chair and director, Center for Cell Engineering at Memorial Sloan Kettering Cancer Center.


Sadelain has been awarded the prize for his pioneering work in cellular therapy, and in particular for the genetic engineering of immune cells with “chimeric antigen receptors” (CAR-T).
Dr. Sadelain led the team that designed and tested clinically effective and novel CAR-T agents for the treatment of blood cancers.
His group identified CD19 as an effective CAR target and included a CD28 domain in the CAR construct, resulting in strikingly effective clinical responses.
Dr. Sadelain continues to improve CAR-T cell efficacy by devising strategies to overcome treatment resistance. This approach also shows promise in the treatment of autoimmune diseases and solid tumors.


The King Faisal Prize for Science for this year was awarded in physics to Sumio Iijima, a professor at Meijo University, Japan.


Iijima has been awarded the prize for establishing the field of carbon nanotubes, following his pioneering discovery of carbon nanotubes using electron microscopy. This new class of one-dimensional carbon materials has had a powerful impact on fundamental solid-state physics and material science.
His work has opened new avenues for developing wide-ranging, practical applications in nanotechnology, ranging from electronics to energy storage systems and biomedicine.


The General Secretariat of the King Faisal Prize commended the 2025 laureates and offered thanks to the distinguished members of the selection committees and the experts for their valued contributions.


The selection committees for the prize’s four categories — Islamic studies, Arabic language and literature, medicine, and science — convened at the prize’s headquarters from Monday to Wednesday.


The selection committees included prominent experts, scholars and specialists from 16 countries.


The KFP was established in 1977, and was awarded for the first time in 1979 in three categories — service to Islam, Islamic studies, and Arabic language and literature. Two additional categories were introduced in 1981 — medicine and science. The first medicine prize was awarded in 1982, and in science two years later.


Since 1979, the KFP in its different categories has awarded about 300 laureates to those who have made distinguished contributions to different sciences and causes.
Each prize laureate is endowed with $200,000, a 24-carat gold medal weighing 200 grams, and a certificate inscribed with the laureate’s name and a summary of the work that qualified them for the prize.

source/content: arabnews.com (headline edited)

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SAUDI ARABIA : Hail governor inaugurates Middle East’s largest salmon production center

The 10,000-square-meter facility features the latest marine technology.

Prince Abdulaziz bin Saad bin Abdulaziz, the governor of Hail, inaugurated the Excellence Center for Salmon Production on Saturday, the largest facility of its kind in the Middle East.

A collaboration between the Ministry of Environment, Water, and Agriculture and King Abdulaziz University, the center aims to produce 100,000 tons of salmon annually, bolstering Saudi Arabia’s food security and aquaculture sector, the Saudi Press Agency reported.

The 10,000-square-meter facility features the latest marine technology, including recirculating aquaculture systems and aquaponics units, which integrate fish and vegetable production.

It is designed to reduce the Kingdom’s reliance on salmon imports, currently at 23,000 tons per year.

Prince Abdulaziz hailed the project as a cornerstone of Vision 2030, promoting sustainable development and economic diversification, while attending officials highlighted its potential to enhance innovation, create jobs, and serve as a model for sustainable aquaculture in the region, SPA added.

source/content: arabnews.com (headline edited)

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Prince Abdulaziz bin Saad bin Abdulaziz, the governor of Hail, inaugurated the Excellence Center for Salmon Production on Saturday, the largest facility of its kind in the Middle East. (SPA)

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