NEOM Facilitates Landmark Publishing Deal Between Fahy Studios and Kwalee
NEOM’s Level Up Accelerator Program facilitaties a publishing deal between Saudi Arabia’s Fahy Studios and international game developer and publisher Kwalee.
NEOM Media Industries has announced a groundbreaking publishing deal between Saudi Arabia’s Fahy Studios and international game developer and publisher Kwalee, facilitated by NEOM’s Level Up Accelerator. This historic agreement marks a significant milestone for the Saudi gaming sector, showcasing its potential on the global stage.
The partnership will see Kwalee bringing Fahy Studios’ future mobile games to a worldwide audience, underscoring NEOM’s commitment to fostering growth in the regional gaming industry. This deal is a key part of NEOM’s strategic vision to position itself as a regional hub for content creation across gaming, film, television, and digital publishing.
Fahy Studios’ CEO, Hani Hashem, expressed excitement about the collaboration, crediting NEOM’s mentorship and support for helping them achieve this ambitious milestone. Jason Falcus, COO of Kwalee, highlighted the promising collaboration with Fahy Studios and the essential backing provided by NEOM’s accelerator program.
Wayne Borg, Managing Director of NEOM Media Industries, emphasized that this deal exemplifies NEOM’s dedication to empowering startups and cultivating a vibrant regional gaming ecosystem. Raymond Yan, Senior Executive Vice President of DigiPen, echoed this sentiment, noting that the partnership between NEOM, DigiPen, and Kwalee reflects a shared vision for driving innovation and sustainable growth in the Saudi gaming industry.