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Merak Capital signs MoU with HP to boost Saudi Arabia’s games and esports economy 

August 29, 2025
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HP’s Gaming Storage to be built-in into the Exel Gaming Accelerator for developer coaching.
Pilot packages will roll out with hackathons, showcases, and world studio collaborations.
MoU helps Imaginative and prescient 2030’s Nationwide Gaming and Esports Technique and NDF’s ecosystem objectives.

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Merak Capital has penned a Memorandum of Understanding (MoU) with HP to strengthen Saudi Arabia’s video games and esports economic system. 
As a part of the MoU, HP’s Gaming Storage can be built-in into the Exel Gaming Accelerator to coach founders and builders in sport design, coding, AI, cybersecurity, and extra.
Over the subsequent 12 months, HP and Exel by Merak may also launch pilot packages for Saudi youth, combining hackathons, showcases, and collaborations with world studios to construct market-ready abilities and foster entrepreneurship.
The partnership will provide occasions, workshops, mentorship, and neighborhood packages to create a sustainable expertise pipeline, empower native creators, and foster an inclusive trade tradition.
Laying the inspiration
The MoU helps Imaginative and prescient 2030’s Nationwide Gaming and Esports Technique and the NDF’s efforts to develop Saudi Arabia’s gaming ecosystem by way of expertise growth, startup assist, and trade collaboration.
“The partnership with HP marks a pivotal step in our journey to place Saudi Arabia as a world powerhouse in gaming and esports,” mentioned Merak Capital VP of innovation platform and head of Exel Faisal Sedrani. 
“By merging HP’s modern packages with the Exel Gaming Accelerator, we’re creating unprecedented alternatives for Saudi expertise to be taught, experiment, and innovate. It offers Exel’s entrepreneurs the instruments, assets, and worldwide networks they should compete, and lead, on the world stage. 
“Collectively, we’re laying the inspiration for a thriving, future-ready gaming trade that can drive creativity, financial development, and world recognition for the Kingdom.”
HP Saudi Arabia managing director Fadle Saad commented: “Our collaboration with Exel by Merak is about greater than abilities growth; it’s about creating pathways for younger Saudis to show their ardour for gaming into actual skilled careers. 
He added: “By strengthening the native gaming ecosystem and empowering the subsequent era of digital creators to coach and excel, HP is contributing to the nation’s Way forward for Work.”



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Tags: ArabiasBoostCapitalEconomyEsportsGamesHPMENAMerakMerak CapitalMoUPartnershipSaudiSaudi ArabiaSigns
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