Saudi Arabia | Game World Observer

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Saudi Arabia’s wealth fund invests $1 billion in Embracer Group, becomes its second-largest owner

Savvy Gaming Group, established by Saudi Arabia’s Public Investment Fund, has acquired a $1 billion stake in Embracer Group. This marks its second large investment in the Swedish games industry this year.

Saudi Arabia’s Public Investment Fund buys 5% stake in Nintendo for around $3 billion

Saudi Arabia’s Public Investment Fund has made a big investment in Nintendo. It acquired a 5% stake in the Japanese company, which makes it the fifth-largest shareholder.

Industry News February 18, 2021

Saudi Arabia’s wealth fund invests over $3 billion in Activision Blizzard, Take-Two, and EA

Saudi Arabia continues to show interest in the game industry. The sovereign wealth fund bought stakes in three major publishers, with Activision Blizzard taking almost half of the $3 billion investment.