Nexters Signs Global Distribution Cooperation Agreement with Dubai Media Authority

Nexters has signed a strategic memorandum of understanding with the Dubai Media Authority (DMC) to foster the gaming industry and collaborate on global business initiatives. This agreement was initiated during a visit from a Dubai government delegation to South Korea, and Nexters plans to link its business foundation and game distribution and publishing capabilities secured in Dubai with local policies. DMC is responsible for Dubai's media industry policies and regulations, while the Dubai Film and Game Commission (DFGC) supports industry development, talent cultivation, and investment attraction. Under the agreement, both parties will support the global distribution and publishing of games developed in Dubai, as well as the establishment of in-game economic systems, and collaborate on nurturing local game studios and talent, as well as identifying investment opportunities. Nexters is expected to support the overseas expansion of Dubai game developers by utilizing its subsidiary One Store's global distribution platform. During the signing ceremony, Nexters CEO Jang Hyun-guk and advisors Song Jae-kyung and Seo Min were appointed as gaming industry advisors to the Dubai government. Dubai aims to become one of the top 10 gaming industry cities in the world by 2033 through the 'Dubai Gaming Industry Development Program 2033 (DPG33)'. CEO Jang Hyun-guk stated that he intends to expand the cooperation foundation into a strategic partnership at the government level.

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