News Formal

Saudi Arabia's PIF Considers Raising Stakes in Nintendo and Other Japanese Gaming Companies

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 29 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Business News

PIF,Nintendo,Gaming

Saudi Arabia's Public Investment Fund (PIF) is considering increasing its holdings in Nintendo and other Japanese gaming companies, according to Kyodo News. Prince Faisal bin Bandar bin Sultan Al Saud, vice chair of the sovereign wealth fund's gaming unit, revealed the plan in an interview.

FILE PHOTO: The logo of Japanese video game company Nintendo is displayed at the Nintendo Tokyo store

He told the Japanese news agency that PIF is not in a rush to increase its stakes, and that investments would be made in a friendly way. The Kyodo report did not specify what he meant by "friendly". Manchester City vs Fulham: Latest City team news and predicted City starting eleven ahead of today’s match

Watch Del Rodgers and Michelle Dapper give a recap of Week 7 games across the Sac-Joaquin Section in Northern CaliforniaApplied Materials, Inc. to Invest $400 Million in New R&D Facility and Innovation Center in Bengaluru, India

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Arabia to drop $100 crude target to win back market share, FT reportsPrices are down nearly 5 per cent so far this year, amid increasing supply from other producers, especially the United States, as well as weak demand growth in China
Source: globeandmail - 🏆 5. / 92 Read more »