Animoca Brands and stc play have signed a memorandum of understanding (MoU) for a commercial agreement where both parties collaborate to publish video games in the MENA region, through the stc play platform and other distribution channels.
Yat Siu, the co-founder and executive chairman of Animoca Brands, commented:
“Partnering with stc play is a significant advancement of our expansion strategy in the Middle East. As one of the largest telecom companies in the region, stc provides access to several million business and retail users across its expansive service offerings.”
Bader Almarshoud, the head of stc play, replied:
“Following our strategy and as an extension of our venture into the gaming industry, we are glad to announce our collaboration with Animoca Brands to expand the gaming sector in Saudi Arabia by publishing video games in the MENA region using different distribution channels. This collaboration bridges the gap between the global and local games developing studios and its audience.”
