LOS ANGELES: French video game giant Ubisoft is teaming up with a firm founded by actor Joseph Gordon-Levitt to crowdsource material for a new title, it was announced on the eve of the Electronic Entertainment Expo (E3).
Ubisoft has long tapped into feedback from players while designing games, but the latest step will allow some to have content woven into scenes.
An invitation to collaborate went live Monday on the website of Gordon-Levitt’s Hit Record, with the first project being to make music to be aired on a space pirate radio station in Ubisoft’s “Beyond Good and Evil 2,” a science fiction shooter crafted to be a space opera.
“The point of Hit Record is for people to make things together,” he said. “This is the first time we are going to make assets going into a video game, which I think is really cool.”
“This is not just submitting songs,” he added. “We will be making the music together.”
Someone in one country may come up with a bass line, and another elsewhere the drum beat or various instrumentals, according to Gordon-Levitt.
Among other coming games shown off by Ubisoft was psychological thriller “Transference,” a collaboration with Hollywood star Elijah Wood, which will see players grapple with twists and mysteries of a deranged mind.
Wood promised the game “will leave you with haunting memories long after you put down the controller.”
Ubisoft gave clips of a sequel to its history-based adventure franchise “Assassin’s Creed,” set in Greece in the time of Socrates, and roused the crowd with a marching band and performers introducing a new entry to the hit “Just Dance” dancing game franchise.
Ubisoft asks fans to design content
Ubisoft asks fans to design content
Islamic banks’ market share in Turkiye rises to 9.2%: Fitch Ratings
RIYADH: Islamic banks in Turkiye lifted their asset market share to 9.2 percent in 2025 from 8.1 percent a year earlier, as financing and deposits outpaced the broader banking sector, a new analysis showed.
In its latest report, Fitch Ratings said financing and deposit market shares rose to 7.9 percent and 10.4 percent, respectively, by the end of 2025, compared with 7.3 percent and 9.4 percent in 2024.
The agency noted that new digital Islamic banks are emerging in the country, with investment from Gulf Cooperation Council countries expected to continue.
Turkiye’s strong ties with Islamic countries across the Balkans, Africa and the Middle East support the development of its Islamic banking sector, attracting investors and contributing to the industry’s growth.
In its latest report, Fitch stated: “Three recently established private Islamic banks (two digital) grew rapidly in the first nine months of 2025. Investment in digital participation banking from the Gulf Cooperation Council countries underscores the potential for further investment from the region.”
It added: “Planned establishment of new participation banks, and rapid growth of recently established banks – albeit from small bases – means that the segment landscape may be reshaped in 2026.”
Dubai Islamic Bank PJSC’s investment in digital bank TOM underscores the potential for further GCC investment.
Turkish regulators have approved the establishment of Halk Katilim Bankasi A.S. and Adil Katilim Bankasi A.S. (digital), while BIM Birlesik Magazalar A.S.’s application is pending.
Fitch added that state-owned participation banks may merge or pursue initial public offerings, potentially reshaping the banking landscape.
The report predicts Islamic banks’ market share will rise further in 2026, supported by strong internal capital generation and growth appetite. However, the non-performing financing ratio may increase moderately due to high inflows.
“The segment’s non-performing financings ratio deteriorated to 2 percent at end-2025 compared to 1.2 percent in 2024 but remained below the sector average of 2.5 percent,” said Fitch.
It added: “We expect pressure to persist given still-high financing rates, high but declining inflation, and the sensitivity of unsecured retail (lower share than conventional banks) and SME segments to economic cycles. We forecast a moderate increase in the segment NPF ratio in 2026.”
