Major investment could strengthen Kingdom’s gaming ambitions

A consortium backed by Saudi Arabia’s Public Investment Fund (PIF) is awaiting a European Union decision regarding a proposed $55 billion acquisition of gaming giant Electronic Arts. The deal represents one of the largest gaming investments ever pursued by Saudi-backed investors and aligns with the Kingdom’s ambition to become a global gaming and esports hub. The European Commission is expected to issue a decision by 22 July.

Source

Reuters – 22 June 2026