Inaugural Olympic Esports Games 2025 Will be Held in Saudi Arabia
The International Olympic Committee has announced that Saudi Arabia will host the inaugural Olympic Esports Games in 2025. The IOC is reportedly eyeing partnerships with video game developers to include…
Embracer Group’s recently failed $2bn deal was reportedly with Saudi PIF-backed Savvy Gaming
Where Embracer was previously on an acquisition spree, the alleged failed deal with Savvy Gaming sent its share value plummeting and led to layoffs.
Saudi Arabia increases stake in Electronic Arts to 10%
The Saudi Arabian Public Investment Fund (PIF) has been building a sizable stake in EA over the course of several years.
Saudi Arabia Now Owns Almost 10% Of EA
Saudi Arabia has purchased more shares in Electronic Arts, further increasing its stake in the company. According to a new filing that was published this week for the three months…
Saudi Arabia Is Now Nintendo’s Largest Outside Investor
For the second time this week, Saudi Arabia's Public Investment Fund has increased its stake in Nintendo and has become its largest outside shareholder. The sovereign wealth fund, through its…
Saudi Arabia PIF increases stake in Nintendo to 7 percent
The Saudi Arabian government has increased its investment in Nintendo once again after a previous increase confirmed in January 2023.
Saudi Arabia increases stake in Nintendo (NTDOY) to 6 percent
By way of the Public Investment Fund, Saudi Arabia has heightened its stake in Nintendo, becoming one of the company's largest shareholders.
Saudi Arabia Now Owns 6% Of Nintendo
Saudi Arabia's Public Investment Fund has bought more shares of Nintendo, increasing its holdings to own 6.07% of the Mario company, according to Reuters. The PIF previously owned 5.01% of…
Saudi Arabia Spending $13 Billion on Acquiring “Leading Game Publisher”
Saudi Crown Prince Mohammed bin Salman has announced that The The post Saudi Arabia Spending $13 Billion on Acquiring “Leading Game Publisher” appeared first on PlayStation LifeStyle.
Saudi Arabia puts $13 billion aside to acquire a ‘leading game publisher’
The state-backed Savvy Gaming Group is set to invest $37 billion USD into gaming altogether, which will include acquisition of a major publisher.