[7] The initiative aims to create 39,000 jobs, establish 250 gaming companies, and contribute 50 billion riyals to the Saudi GDP, fostering economic diversification and growth.

[11] Embracer Group, renowned for its acquisition of numerous game studios, recently disclosed a major partnership valued at over $2 billion that unexpectedly fell through at the final hour.

[12] This failed collaboration dealt a significant blow to Embracer, resulting in a sharp drop in their stock price and necessitating cost-cutting measures such as layoffs and studio closures.

[13] Embracer Group has announced plans for a substantial company restructuring, which includes studio closures, employee layoffs, and the cancellation of numerous video game projects.

[14] The reasons behind the dissolution of the deal remain undisclosed, but prior to this development, Embracer CEO Lars Wingefors had faced criticism for accepting investment from Savvy, amid concerns regarding human rights violations attributed to the Saudi government.