The PIF’s 5.01 percent stake in the Japanese gaming company is an indication that the industry is being taken seriously by the kingdom, and could pave way to localised content, experts said
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Saudi Arabia’s PIF acquires 5 percent stake in Nintendo as it drives further into gaming investments
The PIF has been building stakes in video game makers and e-sports firms such as Nintendo and Capcom over the past two years, turning to the Japanese market just as a weaker yen has made investments more affordable