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NIP Group, Abu Dhabi Investment Office Join to Boost Esports
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NIP Group, Abu Dhabi Investment Office Join to Boost Esports
Jan 21, 2025 10:07 AM

12:45 PM EST, 01/21/2025 (MT Newswires) -- NIP Group ( NIPG ) announced a multiyear agreement with the Abu Dhabi Investment Office to boost esports in the emirate.

The investment office "will support the company with access to financial and nonfinancial growth opportunities valued at up to $40 million over a four-year period," NIP Group ( NIPG ) said Tuesday in a statement.

The company plans to establish its global headquarters in Abu Dhabi to drive gaming, media and entertainment growth.

Price: 7.04, Change: -0.04, Percent Change: -0.61

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