Saudi Arabia Now Owns A Bit More Stake In Nintendo

The Big N is having small parts of it being owned by the Kingdom. A Reuters report states that the Saudi Arabia Public Investment Fund, chaired by crown prince Mohammed bin Salman, now has 6.07% stake in Nintendo, making the Kingdom one of the largest shareholders in the Japanese company. Previously, they owned 5.01%. Nintendo has yet to comm...

SNK Is Now 96% Owned By The Saudi Arabian Crown Prince

The company that made The King of Fighters XV and other classic 2D action and fighting games is pretty much fully owned by Saudi Arabian royalty. In late 2020, the company known as Electronic Gaming Development Company (EGDC), that is owned by Saudi Arabia crown prince Mohammed bin Salman, previously purchased a 33% stake and became SNK's larges...

Saudi Arabia Acquires US$3.3 Billion Stake In Activision Blizzard, EA, and Take-Two

Saudi Arabia, not content with buying a 1/3rd stake in SNK for future King of Fighters games, has utilized its Public Investment Fund to invest over US$3.3 billion in the world's biggest video game companies. They are Electronic Arts (EA), Take-Two Interactive, and Activision Blizzard. This move was orchestrated by Saudi crown prince Mohammed bi...