Saudi Arabia continues to increase its stake in Nintendo
, by Thibaut
In order to diversify its activities and improve its image on an international scale, Saudi Arabia has made significant investments in various fields. This is the case, for example, in the video game industry, as the kingdom's public investment fund already owned 5.01% of Nintendo's shares. According to Trading View, this stake has recently been increased. Now, the sovereign fund chaired by Crown Prince Mohammed bin Salman himself would reach a 7.08% stake in the Japanese company.
Source: tradingview.com