Emirates Esports Federation Announces Global Investment Opportunities
Sector News | Feb 04, 2025 | PR Newswire Cision ITW Universe
The Emirates Esports Federation, collaborating with ITW Universe, has launched an Invitation to Tender (ITT) to acquire and operate Elite Franchises for the upcoming E-Gaming League (EGL). This move opens avenues for global investors, esports teams, sports franchises, and high-net-worth individuals to participate in the rapidly expanding esports ecosystem and further the UAE's status as a digital entertainment hub. The EGL aims to redefine esports with a sustainable and inclusive platform, supporting global collaboration and long-term investment. Sheikh Sultan Bin Khalifa Bin Shakbout Al Nahyan, President of the Emirates Esports Federation, and Saeed Ali Al-Tahir, its Secretary-General, emphasized the potential of this franchise model to revolutionize the esports industry. The ITW Universe director, Vivek Chandra, expressed optimism about attracting partners into a dynamic esports ecosystem. The ITT outlines timelines for submission and emphasizes the investment benefits, such as lifetime franchise licenses and profit-sharing arrangements. The EGL franchise participation positions investors in a $5.17 billion esports industry, promising sustainable growth.
Sectors
- Esports
- Investment and Franchise
Geography
- United Arab Emirates – The Emirates Esports Federation is based in the UAE, which is the focus of the esports franchise initiative.
Industry
- Esports – The article discusses investments and developments in the esports industry, particularly through franchise opportunities in the E-Gaming League.
- Investment and Franchise – The piece centers around investment opportunities through franchising in the esports domain.
Financials
- 5.17 billion dollars – The value of the esports industry in which the EGL franchises will operate.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Emirates Esports Federation | Organizer | Company | An organization spearheading the development of esports in the UAE. |
| ITW Universe | Partner | Company | Collaborator with the Emirates Esports Federation on the franchise initiative. |
| Sheikh Sultan Bin Khalifa Bin Shakbout Al Nahyan | President of Emirates Esports Federation | Person | Leader highlighting the EGL's potential to redefine esports. |
| Saeed Ali Al-Tahir | Secretary-General of Emirates Esports Federation | Person | Contributor to the strategic vision of the esports initiative. |
| Vivek Chandra | Director of ITW Universe | Person | Commentator on the benefits of the EGL franchise model. |