Saudi Arabia Expands Its Video Game Ambitions with Major Investment
September 29, 2025 - 19:56
Saudi Arabia is making significant strides in its pursuit of becoming a global video game hub, highlighted by a substantial $55 billion deal involving Electronic Arts. The kingdom's Public Investment Fund (PIF) is not only rolling over a previous $5 billion equity stake into this new venture but is also injecting more fresh capital than its partners, Silver Lake Management and Jared Kushner’s Affinity Partners. This financial maneuver aims to buy out other public investors, marking a pivotal moment in the kingdom's gaming ambitions.
Crown Prince Mohammed bin Salman, an avid video game enthusiast, is spearheading this initiative as part of a broader strategy to create tens of thousands of new jobs and diversify the Saudi economy away from its traditional reliance on oil. The focus on gaming reflects a commitment to modernize the kingdom's economic landscape, positioning it as a competitive player in the global entertainment market. This move underscores Saudi Arabia's determination to invest heavily in sectors that promise growth and innovation.
MORE NEWS
January 24, 2026 - 13:51
How Ubisoft, the French video game giant, hit breaking point after years of turmoilThe French video game powerhouse, Ubisoft, has arrived at a critical juncture. A sweeping corporate reorganization, the abrupt cancellation of several undisclosed game projects, and the shuttering...
January 23, 2026 - 22:34
**A Delightfully Simple Premise: Gaming as an Invertebrate**The indie game scene often finds charm in the simplest ideas, and the upcoming title If I Was A Worm embodies this perfectly. As the name directly states, players take on the role of an earthworm...
January 23, 2026 - 00:57
'Clair Obscur' is now the most award-winning video game everThe acclaimed French role-playing game Clair Obscur: Expedition 33 has officially cemented its place in the record books, becoming the most award-winning video game of all time. This remarkable...
January 22, 2026 - 15:15
Rolling Video Games of MississippiA unique entertainment option is rolling across Mississippi, transforming any location into a vibrant, mobile arcade. Rolling Video Games of Mississippi operates a specialized trailer packed with...