Exel by Merak, a subsidiary of Merak Capital and Saudi Arabia's premier innovation company, and Saudi Bridge, the operational arm of Entrepreneurship Vision Association, have signed a cooperation agreement aimed at supporting and empowering international companies participating in the Exel Gaming Accelerator and facilitating their entry into the Saudi market.
The partnership was signed by Eng. Faisal Sedrani, Head of Exel, and Fahad Alqahtani, CEO of Saudi Bridge, in the presence of Prince Fahad bin Mansour bin Nasser Al Saud, Chairman of the Entrepreneurship Vision Association, President of the Saudi G20 Startup20, President of the Saudi G20 YEA, and Abdullah Altamami, CEO of Merak Capital.
This strategic partnership comes as part of the joint efforts under the Bayan 2025 initiatives to enhance international collaboration and open new horizons for global startups to contribute to the development of Saudi Arabia's digital gaming sector. Through this collaboration, Exel and Saudi Bridge seek to strengthen the Kingdom's position as a leading regional and global hub for this rapidly growing industry.