Saudi Arabia Fund Acquires Another Slice of Resident Evil Requiem Publisher Capcom, Upping Country's Ownership to 10%

Saudi Arabia's Electronic Gaming Development Company (EGDC) has acquired a 5% stake in Capcom, bringing the country’s total ownership to around 10%, as part of Crown Prince Mohammed Bin Salman's investment strategy in gaming companies. This move underscores Saudi Arabia's growing influence in the global gaming industry despite controversies surrounding its leadership. Content creators may face increased scrutiny and potential ethical dilemmas as more game developers come under the purview of Saudi investments.

Read the full article at IGN

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