Egypt occupies 58% of MENA's $7.2 bln e-sports industry

Elbassiouny added that the country boasted around 40 million gamers, including seven million e-sports competitors. He also asserted that these figures underscore the region's vital role in the global gaming and e-sports landscape.

His remarks came during a press conference on Monday to announce the launch of the GAMERGY inaugural festival in Egypt, which will take place from 30 January to 1 February 2025.

Key figures like Ahmed Abdel Khaleq, general manager of Tourism and Sports Events at the Ministry of Youth and Sports, and Sherif Abdel Baki, president of the Egyptian E-Sports Federation, attended the press conference.

The event is one of the largest e-sports and gaming festivals globally and represents a strategic move to position Egypt at the forefront of the international e-sports scene.

E-Sports industry's boom in Egypt
 

The e-sports industry in Egypt has boomed over the past few years. According to Statista, its revenues are expected to hit $4.6 million in 2024 and have a projected compound annual growth rate (CAGR) of approximately 9.4 percent by 2029.

This brings an anticipated market volume of $7.2 million by 2029.

What is GAMERGY?
 

GAMERGY is a pioneering e-sports event tailored for video game fans of all ages and backgrounds.

The event merges the physical and virtual worlds, allowing participants to connect and engage in unforgettable experiences.

Since 2011, GAMERGY has organized more than 20 editions in Spain, Argentina, and Mexico, in addition to its presence in the USA, Panama, and El Salvador.

Egyptian gamers who are willing to compete or only participate in the event can now buy tickets from TicketsMarche.

Participants will be able to interact with international and local content creators and influencers. They will also meet their favourite eGaming icons and international team participants.

With more than EGP 2 million in prizes and participation from international teams, GAMERGY Egypt is expected to attract over 40,000 visitors and competitors over three dynamic days.

Under the auspices of the Ministry of Youth and Sports and the Egyptian E-Sports Federation, GAMERGY Egypt will feature six dedicated zones showcasing various gaming formats, including computer games, mobile games, PlayStation, virtual reality, and racing simulators.

The event will also include live shows, competitions, and opportunities for attendees to meet renowned local and international content creators.

Egypt as regional hub for e-sports
 

With the global gaming industry projected to reach $221 billion by the end of 2024 and Egypt accounting for 58 percent of the MENA region's gaming market, the festival underscores the country's potential as a regional hub for e-sports.

Abdel Khaleq emphasized the importance of such events in boosting Egypt’s global standing in e-sports, highlighting their role in fostering community engagement and economic growth.

Meanwhile, MENATech Entertainment CEO Mario Perez Guerreira expressed excitement about GAMERGY Egypt as an immersive entertainment and innovation platform.

The festival will also feature e-sports influencer Marwan Serry as its official ambassador. Additionally, it will hold daily concerts, panel discussions with industry experts, and cosplay competitions to ensure a vibrant experience for all attendees.

As GAMERGY prepares to launch in Egypt, it builds on a legacy of successful editions in Spain, Argentina, and Mexico, reinforcing its status as a leader in the e-sports landscape.

With this event, Egypt is poised to capitalize on the expanding global interest in e-sports, driving both local and international engagement in this rapidly evolving sector.