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Saudi Arabia’s Public Investment Fund increases stake in EABy Sarah Connor16 May 2023 Saudi Arabia’s controversial Public Investment Fund (PIF) has increased its stake in FIFA publisher EA. According to Seeking Alpha (via…
PC Saudi Arabia invests $38bn to establish local gaming industryBy Garry Smith3 April 2023 The Saudi Arabian government is reportedly planning to invest $38bn into the country’s gaming industry. Most recently, the Saudi government…
Xbox Saudi Arabia is eyeing up the acquisition of a major game publisherBy Sarah Connor29 September 2022 Saudi Arabia’s Savvy Games Group, owned by the state’s sovereign wealth fund, has announced its intention to invest 142bn riyals…
PC Saudi Arabia’s Public Investment Fund acquires stake in Embracer GroupBy Garry Smith8 June 2022 Saudi Arabia’s controversial Public Investment Fund (PIF) now owns part of Embracer – the umbrella company which owns Gearbox, Saber…
Nintendo Saudi Arabia Now Owns 5% Of NintendoBy Darren Jones18 May 2022 Saudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human…