All The Gaming Companies Saudi Arabia Owns Or Has Invested In
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All The Gaming Companies Saudi Arabia Owns Or Has Invested In
"The pending $55 billion acquisition of game-publishing giant EA by a consortium of investors, most notably Saudi Arabia's Public Investment Fund (PIF), sent shockwaves through the industry. It is the second-biggest acquisition in the history of the games industry, and it is only the Saudi Arabian government's latest move in the video gaming space. Over the past several years, the PIF and its subsidiary Savvy Games Group have invested in or acquired gaming companies from different parts of the world, holding stakes in some of the leading publishers in the industry."
"The Saudi Arabian government has long been accused of human rights violations, and its investments in entertainment, tech, and sports have invited scrutiny. Below are the major gaming companies that Saudi Arabia owns or has a stake in."
Saudi Arabia’s Public Investment Fund (PIF) and its subsidiary Savvy Games Group have acquired investments and stakes across global gaming companies and leading publishers. A consortium including the PIF is pursuing a pending $55 billion acquisition of game-publishing giant EA, marking the second-largest deal in games industry history. That acquisition represents a major expansion of Saudi ownership and influence in video games and esports. Over several years the PIF and Savvy have invested in or bought companies across different regions, building a diverse portfolio. Saudi investments in entertainment, technology, and sports have attracted scrutiny due to longstanding accusations of human rights violations.
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