Saudi Arabia has officially renamed the Esports World Cup Foundation to the Esports Foundation, signaling a broader vision for the Kingdom’s rapidly expanding esports ambitions.
The name change was approved at a recent meeting of the Council of Ministers in the Kingdom of Saudi Arabia, where the foundation’s charter was officially amended. While the name change may seem insignificant at first, the new name clearly indicates the foundation’s increasing importance in the global esports scene.
Why Did Saudi Arabia Change the Esports World Cup Foundation Name?
Previously operating under a title closely tied to a single flagship tournament, the foundation now oversees multiple major events, including the Esports World Cup and the Esports Nations Cup. By simplifying its name to “Esports Foundation,” the organization positions itself as a long-term governing and investment body rather than just an event operator.
The foundation receives funding from a sports grant that is supported by the Saudi sovereign wealth fund, the Public Investment Fund (PIF). The Public Investment Fund has been at the forefront of Saudi Arabia’s efforts to diversify its economy away from oil, and it has invested heavily in gaming, sports, and entertainment initiatives as part of the Vision 2030 initiative.
ALSO READ
MLBB Golden Month Starts Today, with 10,000 smartphones to be given away in 11 regions! MLBB Golden Month 2026: Date, Rewards, and Hanabi Skin Guide Fortnite x Solo Leveling Collaboration Teased: Release Date and Skins Expected Soon Esports World Cup Foundation Announces First Eight of 16 Games for the Inaugural Esports Nations Cup 2026Saudi Arabia has quickly become one of the major players in the global esports scene, hosting major events with prize pools in the millions of dollars. The rebranding indicates a more organized structure to support future esports endeavors.
However, Saudi-backed sports projects have faced criticism from international human rights organizations, including Amnesty International and Human Rights Watch, which argue that such investments may serve to improve the country’s global image.
As esports continues to grow worldwide, the newly named Esports Foundation is expected to play an increasingly influential role in shaping the competitive gaming landscape.
For more regular news and updates on the Esports World Cup 2026, keep an eye on Insidesport.
Saudi Arabia Renames Esports World Cup Foundation to Esports Foundation Inside Sport India.
Hence then, the article about saudi arabia renames esports world cup foundation to esports foundation was published today ( ) and is available on Inside sport ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Arabia Renames Esports World Cup Foundation to Esports Foundation )
Also on site :