saudi arabia
![esports olympic games](https://www.gameshub.com/wp-content/uploads/sites/5/2022/02/esports.jpg?w=310)
The Olympic Esports Games locked in for Saudi Arabia in 2025
The IOC has confirmed a 12-year deal with the Saudi NOC to host the Olympic Esports Games.
![Saints Row volition embracer group shut down](https://www.gameshub.com/wp-content/uploads/sites/5/2022/08/saints-row-2022-review.jpg?w=310)
Embracer's failed $2bn deal was reportedly with Saudi Arabia's Savvy Games
The collapse of the deal led to a major rescope at Embracer Group, and the closure of some divisions.
![nintendo saudi arabia pif](https://www.gameshub.com/wp-content/uploads/sites/5/2022/05/mario-strikers-battle-league.jpeg?w=310)
Saudi Arabia has increased its stake in Nintendo
Saudi Arabia's Public Investment Fund continues to pour money into global game development.
![nintendo saudi arabia pif fund](https://www.gameshub.com/wp-content/uploads/sites/5/2022/06/nintendo-switch.jpeg?w=310)
Nintendo is now 6% owned by Saudi Arabia PIF
Saudi Arabia has increased its investment stake in Nintendo, buying up new shares.
![embracer group gearbox volition](https://www.gameshub.com/wp-content/uploads/sites/5/2022/05/embracer-group.jpeg?w=310)
Saudi Arabia buys $1 billion stake in Embracer Group
Embracer Group is the latest games company to receive investor funding from Saudi Arabia.
![nintendo mario switch nfts](https://www.gameshub.com/wp-content/uploads/sites/5/2022/02/nintendo-mario.png?w=310)
Saudi Arabia is now the fifth largest Nintendo shareholder
Saudi Arabia has purchased 5.01% of Nintendo as the country's Public Investment Fund (PIF) continues to invest in video game…
![king of fighters snk saudi prince](https://www.gameshub.com/wp-content/uploads/sites/5/2022/04/king-of-fighters.jpeg?w=310)
SNK is now 96% owned by Saudi Prince Mohammed bin Salman
In an announcement sent to SNK investors, it was confirmed that the EGDC is now a majority owner in the…