Ubisoft
Strategy
Microsoft
Tencent
Saudi Arabia wants to spend $13B to buy a 'leading game publisher'
The Kingdom of Saudi Arabia has been making some big moves into the gaming space in recent years. Through various public agencies, it's made big investments in Capcom, Nexon,Nintendo(opens in new tab),ESL Gaming(opens in new tab),SNK(opens in new tab), and Embracer Group(opens in new tab). And it's not done yet: Crown Prince Mohammed bin Salman, who multiple intelligence agencies believe is responsible for the brutal murder and dismemberment of Saudi dissident journalist Jamal Khashoggi(opens in new tab) in 2018, has announced plans to invest nearly $38 billion across four separate programs, more than $13 billion of which will go toward acquiring «a leading game publisher.»