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The investments will include 70 billion riyals to take several minority stakes in companies that support Savvy's game development agenda and 50 billion riyals to acquire "a leading game publisher to become a strategic development partner".

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Sept 29 (Reuters) - Saudi Arabia's Savvy Games Group, owned by sovereign wealth fund PIF, will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making the kingdom a global hub for gaming, state news agency SPA said on Thursday.

Britain's Competition and Markets Authority (CMA) said earlier this month the takeover of the videogame publisher maker could hurt competition in gaming consoles, subscription services and cloud gaming if Microsoft refused to give competitors access to Activision's best-selling games.

It has five independent subsidiaries, including esports arm EFG, as well as Nine66, which "is building an ecosystem for game developers and studios", and VOV company, which is building gaming and competition venues. ($1 = 3.7580 riyals) (Reporting by Ahmed Tolba and Enas Alashray in Cairo; writing by Yousef Saba in Dubai; editing by David Evans, Alexandra Hudson)

Another 20 billion riyals will be invested in mature industry partners who bring expertise to Savvy's portfolio and 2 billion riyals will target industry disruptors "to grow early-stage games and esports companies."

We want to guarantee PlayStation gamers continue to have the highest quality gaming experience, and we appreciate the CMA´s focus on protecting gamers." (Reporting by Amna Karimi and Radhika Anilkumar in Bengaluru and Foo Yun Chee in Brussels; Editing by Vinay Dwivedi and Susan Fenton)

She added, ‘Once Upon a Farm was such a total no-brainer as a working mom. I remember coming home from work, I was shooting The Kingdom, I'd had my first baby. I remember having fake blood all over and just standing at the blender crying. I was so tired making food for my baby. And this would have been a no-brainer, game-changer, day-saver.'

"We are harnessing the untapped potential across the esports and games sector to diversify our economy, drive innovation in the sector and further scale the entertainment and esports competition offerings across the Kingdom."

was not at full strength with goal-scoring star Alex Morgan sidelined with a knee injury and Mallory Pugh out due to a family commitment. Meanwhile, England captain Leah Williamson was unavailable due to injury.

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The first goal was a build-up that led Beth Mead from the right flank to send a cross to the goal box that U.S.
defender Alana Cook mishandled. Hemp pounced and used her left foot to slot the ball past goalkeeper Alyssa Naeher.

Head for biz: Two weeks ago in New York City at Fast Company's 8th annual Innovation festival, the actress spoke about the success of the company she co-founded, Once Upon a Farm, saying, ‘The business has grown a lot

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