Quirkat deals new hand for Sony PlayStation



A Jordanian developer is the first company in the Middle East to publish a video game for the Sony PlayStation.

Quirkat, a developer based in Amman, will release the Basha Collection, a series of Arabic card games, such as Tarneeb and Baloot.

The games will cost from US$3.99 (Dh14.65) to $9.99 from Sony's digital download network. They feature original artwork and music and are compatible with the company's PlayStation 3 and PlayStation Portable devices.

"We knew that [Sony] wanted us to promote this platform, so we asked them to give us a chance and loan us a development kit," said Mahmoud Ali Khasawneh, the chief executive of Quirkat.

"For us, I cannot describe to you how exciting it was. It was a console manufacturer that will publish us globally on their network."

Gate2Play, an online payment platform, estimates there are 5 million users in the Middle East who enjoy social media gaming, each spending an average of $18 per month.

The global gaming market is expected to grow from $52.5 billion last year to $86.8bn in 2014, according to a recent report by PricewaterhouseCoopers.

It is expected that the Middle East's video game industry will similarly expand.

Tim Stokes, the sales and marketing director for Sony's regional PlayStation division, said the deal with Quirkat was low risk for the console maker to determine whether further investment in the region can be sustainable.

"With Quirkat, their games may have appeal in parts of Europe and the US but by and large, they're going to be in this region," said Mr Stokes.

Quirkat is also in talks with Sony to acquire a PlayStation Move developer kit that will allow it to develop games using the console's motion-sensing controller.

"We've recently got [Basha Collection] out of quality assurance with Sony, which was quite the experience because Sony was very tough," said Mr Khasawneh.

"But it's been a great learning curve and we've now perfected our code. Our dream is to do a title for the [PlayStation] Move and we've been semi-approved by them."

About 50,000 PlayStation Move consoles have been sold in the Middle East since it became available in September, said Mr Stokes.

"We've given [Quirkat] a bit of financial support to get the project off the ground and now we're looking at other opportunities with them around PS3, PSP or even Move," he said.

Quirkat will follow up the Basha Collection with Sor3a, which in Arabic means "speed", a drag race featuring several cities in the Gulf region, for the PlayStation Portable device next month.

Roger Federer's 2018 record

Australian Open Champion

Rotterdam Champion

Indian Wells Runner-up

Miami Second round

Stuttgart Champion

Halle Runner-up

Wimbledon Quarter-finals

Cincinnati Runner-up

US Open Fourth round

Shanghai Semi-finals

Basel Champion

Paris Masters Semi-finals

 

 

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

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100ml water 

5 drops of the essential oil of your choice (note: lavender is a nice one for this) 

Method:

1. Add water and oil to spray bottle to store.

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MATCH INFO

Rugby World Cup (all times UAE)

Final: England v South Africa, Saturday, 1pm

Fifa Club World Cup:

When: December 6-16
Where: Games to take place at Zayed Sports City in Abu Dhabi and Hazza bin Zayed Stadium in Al Ain
Defending champions: Real Madrid

COMPANY PROFILE

Company name: OneOrder
Started: March 2022
Founders: Tamer Amer and Karim Maurice
Based: Cairo
Number of staff: 82
Investment stage: Series A

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

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5pm: Handicap (PA) Dh70,000 1,400m
Winner: AF Tathoor, Tadhg O’Shea (jockey), Ernst Oertel (trainer)
5.30pm: Handicap (TB) Dh70,000 1,000m
Winner: Dahawi, Antonio Fresu, Musabah Al Muhairi
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Winner: Aiz Alawda, Fernando Jara, Ahmed Al Mehairbi
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Winner: ES Nahawand, Fernando Jara, Mohammed Daggash
7pm: Maiden (PA) Dh70,000 1,600m
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1. Featherweight 66kg: Ben Lucas (AUS) v Ibrahim Kendil (EGY)

2. Lightweight 70kg: Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)

3. Welterweight 77kg:Marcos Costa (BRA) v Abdelhakim Wahid (MAR)

4. Lightweight 70kg: Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)

5. Featherweight 66kg: Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)

6. Catchweight 85kg: Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)

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8. Catchweight 73kg: Mostafa Radi (PAL) v Ahmed Abdelraouf of Egypt (EGY)

9.  Featherweight 66kg: Jaures Dea (CMR) v Andre Pinheiro (BRA)

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Most polluted cities in the Middle East

1. Baghdad, Iraq
2. Manama, Bahrain
3. Dhahran, Saudi Arabia
4. Kuwait City, Kuwait
5. Ras Al Khaimah, UAE
6. Ash Shihaniyah, Qatar
7. Abu Dhabi, UAE
8. Cairo, Egypt
9. Riyadh, Saudi Arabia
10. Dubai, UAE

Source: 2022 World Air Quality Report

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1. Chad
2. Iraq
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Source: 2022 World Air Quality Report

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Results
Hong Kong 52-5 UAE
South Korea 55-5 Malaysia
Malaysia 6-70 Hong Kong
UAE 36-32 South Korea

Fixtures
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At The Sevens, Dubai (admission is free).
Saturday: Hong Kong v South Korea

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- April 17, 2013: A bipartisan-drafted bill to expand background checks and ban assault weapons fails in the Senate.

- July 2015: Bill to require background checks for all gun sales is introduced in House of Representatives. It is not brought to a vote.

- June 12, 2016: Orlando shooting. Barack Obama calls on Congress to renew law prohibiting sale of assault-style weapons and high-capacity magazines.

- October 1, 2017: Las Vegas shooting. US lawmakers call for banning bump-fire stocks, and some renew call for assault weapons ban.

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Name: Yodawy
Based: Egypt
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Sector:
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Total funding: $24.5 million
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Number of employees:
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Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.