Saudi Arabia's sovereign wealth fund is considering increasing its stake in Nintendo Co., Ltd. (NTDOY.PK), Kyodo News reported.
According to the report, Saudi Arabia's Public Investment Fund (PIF) is contemplating increasing its investment in Nintendo and similar companies. Prince Faisal bin Bandar, vice chairman of PIF subsidiary Savvy Games Group, expressed a preference for pursuing this strategy with the backing of the companies involved.
The PIF currently holds an 8.6% stake in Nintendo, making it one of the company's largest shareholders.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.