Gaming Revolution
Tag: PIF
Buyout Concerns
US senators raise national security concerns over $55bn Electronic Arts buyout
Open letters cite the PIF’s history of using investments to expand Saudi cultural influence
Scopely Acquisition
Savvy Games Group closes acquisition of Scopely
The acquisition highlights mobile’s place in Saudi Arabia’s games strategy
New Investment
Saudi Arabia boosts stake in Electronic Arts by 55%
The country has been investing in game makers as part of its long-term economic strategy
Raising The Stakes
Saudi Arabia’s PIF increases its stake in Nintendo to 6%
The country is aiming to become the hub of the global games industry