Saudi Crown Prince Invests Heavily in Gaming Giant Capcom
Saudi Arabia’s Crown Prince Mohammed bin Salman has further solidified the kingdom’s burgeoning influence in the global video game industry. A Saudi-linked investment firm, the Electronic Gaming Development Company (EGDC), acquired a 5.03% stake in Japanese publisher Capcom, renowned for its popular franchises like Resident Evil and Monster Hunter. This “pure investment” move, separate from prior Saudi Public Investment Fund holdings, underscores a broader strategy to diversify the Saudi economy and build influence across the gaming and esports sectors, aligning with the goals of Vision 2030.
John Q. Hosedrinker