Saudi Arabia has reportedly increased its stake in Electronic Arts, and is now said to own around 9% of the company.
It was reported last September that Saudi Arabia, including around $13 billion to acquire “a leading game publisher”.
The investments were to include 70 billion riyals to take minority stakes in several “key companies” that support Savvy’s game development agenda, and 50 billion riyals to acquire “a leading game publisher to become a strategic development partner”. The PIF’s continued investments in video game companies may raise concerns for some, given Saudi Arabia’s longstanding history of human rights abuses.
American Intelligence agencies have also accused the crown prince of ordering the murder of journalist Jamal Khashoggi in 2018.
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