Bloomberg reports today that Saudi Arabia’s public investment fund, the Public Investment Fund, has once again reduced its stake in Nintendo. This time the share was reduced to 6.3% from 7.5%. This comes after the Public Investment Fund sold more than 17 million shares in the six weeks to October. Nintendo shares fell about 4% ...
Turns out yes report that Saudi Arabia’s Public Investment Fund wanted to increase its stake in Nintendo are incorrect as it emerged today that instead of increasing their stake in Nintendo, they have reduced their stake in Nintendo. Saudi Arabia’s public investment fund cut its stake in the Kyoto-based company from 8.58% to 7.54%, and ...
Image: Damien McFerran / Nintendo Life Saudi Arabia’s Public Investment Fund has been revealed to be considering increasing its stake in Nintendo and other gaming companies. Speaking in an interview with Japanese news agency Kyodo News, Prince Faisal bin Bandar bin Sultan Al Saud, vice chairman of PIF’s gaming division, revealed a desire to expand ...
Saudi Arabia’s Public Investment Fund (PIF) is considering increasing its stake in Nintendo and other gaming companies, according to an interview between Prince Faisal bin Bandar bin Sultan Al Saud and Kyodo News. Speaking to Kyodo, Prince Faisal, vice president of PIF’s gaming division, said further investment was being considered, but that they were in ...
This has been a big year for fighting game tournaments. Not only did Evo 2024 (the world’s largest fighting game tournament) come to a record-breaking conclusion, we’ve also seen a boom in both the genre and the world. It feels like there’s more focus than ever on a historically niche style of play, and the ...
A video game company backed by the Public Investment Fund (PIF) of Saudi Arabia is looking to strengthen its ties with Japanese developers, including giants like Nintendo and Capcom, to encourage new investments and gaming localizations in the Middle East. Is about Savvy Games Groupthe largest foreign shareholder in Nintendo, with also stakes in companies ...
LIVE-STREAMS March 9, 2024 at 2:00 p.m The second race of the new 2024 F1 season will take place in Saudi Arabia on Saturday evening. You can find out where you can watch the race for free on TV and live stream here. The second race of the season takes place at the Jeddah Corniche ...
Some EA Sports FC 24 players feel that EA doesn’t pay enough attention to the special cards in the many “minor” leagues around the world that people like to use to add a bit of variety to their teams. With Team of the Year voting just concluded, many of the game’s Ultimate Team fans are ...
Saudi Arabia’s Public Investment Fund has increased its EA holdings by about 55%. It’s the latest in a continuation of international investments by the country’s wealth fund, which has poured increasing amounts of money into Western and Eastern gaming industries over the years. This information was first reported by Seeking Alpha, which found that national ...
Different countries, different regulations for video games. Saudi Arabia, for example, seems to have particularly strict rules. At least that suggests a ban on sale of Final Fantasy XVI, because Square Enix refuses to make the required changes. The older semesters still remember the times when games were sometimes only heavily edited on the market. ...
