Saudi Arabian Investment Fund increases its shareholding in Nintendo to 6%

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Saudi Arabia continues to make large investments in the video game industry. Through various funds

Tens of billions of dollars have been invested in the world's largest companies and this trend continues.

What is known

Reuters reports that the investmentThe fund of Prince Mohammed bin Salman of Saudi Arabia has invested a significant amount in Nintendo shares and increased its stake from 5.01% to 6.07%.

For those who are not in the know

Earlier, the crown prince announced his intention to acquire a major game publisher and open 250 video game studios in Saudi Arabia.