BSF Signs MOU with the Saudi Esports Federation to Support the Growth of the Gaming and Esports Sector in the Kingdom
27/Aug/2026
Riyadh, Saudi Arabia – 27 August 2026: BSF announced the signing of a Memorandum of Understanding (MoU) with the Saudi Esports Federation (SEF), in a step that reflects its commitment to strengthening integration between the financial sector and the gaming and esports sector, one of the fastest-growing sectors in the Kingdom, further reinforcing Saudi Arabia’s position as a global hub in this field.
The partnership aims to explore opportunities for collaboration in sponsoring initiatives and tournaments organized by the Federation, alongside providing specialized banking services that contribute to developing the sector’s financial ecosystem, enabling it to continue expanding and keep pace with the accelerating digital transformation.
The agreement also includes exploring the provision of financing products and investment programs that support the long-term growth of the gaming and esports sector, in line with the Kingdom’s aspirations to build an advanced digital economy.
Mashhour Al-Masoudi, Senior Vice President of Retail Banking at BSF, said: "We are pleased at BSF to sign this agreement, which reflects our vision to strengthen the integration between the financial sector and the esports sector, as one of the Kingdom’s promising strategic industry. Through this partnership, we aim to deliver advanced financial solutions and services that enable the sector to achieve its objectives and accelerate its growth, supporting the advancement of the digital economy in the Kingdom.”
Rawan AlButairi, CEO of the Saudi Esports Federation, said: “This partnership represents an important step in bridging the Kingdom’s financial excellence with the rapid evolution of the esports sector. Together we are building a robust, sustainable economic engine that ensures our esports ecosystem is supported by the sophisticated financial infrastructure and digital innovation necessary to cement our position as a premier global hub for competitive gaming.”
This collaboration comes as part of efforts to support the objectives of Saudi Vision 2030 and the National Gaming and Esports Strategy by strengthening integration between the financial sector and the digital entertainment sector, contributing to the diversification of the national economy and accelerating the growth of future industries in the Kingdom.
The partnership aims to explore opportunities for collaboration in sponsoring initiatives and tournaments organized by the Federation, alongside providing specialized banking services that contribute to developing the sector’s financial ecosystem, enabling it to continue expanding and keep pace with the accelerating digital transformation.
The agreement also includes exploring the provision of financing products and investment programs that support the long-term growth of the gaming and esports sector, in line with the Kingdom’s aspirations to build an advanced digital economy.
Mashhour Al-Masoudi, Senior Vice President of Retail Banking at BSF, said: "We are pleased at BSF to sign this agreement, which reflects our vision to strengthen the integration between the financial sector and the esports sector, as one of the Kingdom’s promising strategic industry. Through this partnership, we aim to deliver advanced financial solutions and services that enable the sector to achieve its objectives and accelerate its growth, supporting the advancement of the digital economy in the Kingdom.”
Rawan AlButairi, CEO of the Saudi Esports Federation, said: “This partnership represents an important step in bridging the Kingdom’s financial excellence with the rapid evolution of the esports sector. Together we are building a robust, sustainable economic engine that ensures our esports ecosystem is supported by the sophisticated financial infrastructure and digital innovation necessary to cement our position as a premier global hub for competitive gaming.”
This collaboration comes as part of efforts to support the objectives of Saudi Vision 2030 and the National Gaming and Esports Strategy by strengthening integration between the financial sector and the digital entertainment sector, contributing to the diversification of the national economy and accelerating the growth of future industries in the Kingdom.
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