{"id":8980,"date":"2023-11-12T11:00:44","date_gmt":"2023-11-12T11:00:44","guid":{"rendered":"https:\/\/ar-pay.com\/blog\/?p=8980"},"modified":"2025-09-15T09:00:13","modified_gmt":"2025-09-15T09:00:13","slug":"latest-nintendo-ksa-updates","status":"publish","type":"post","link":"https:\/\/ar-pay.com\/blog\/en\/gaming\/nintendo\/latest-nintendo-ksa-updates\/","title":{"rendered":"Latest Nintendo KSA news & updates in 2023"},"content":{"rendered":"

Nintendo is one of the most popular and beloved gaming companies in the world, with a history of creating iconic franchises such as Mario, Zelda, Pokemon, and many more.<\/span><\/p>\n

Nintendo KSA fans have a lot to look forward to in 2023, as the company has announced some exciting news and updates for the region.<\/span><\/p>\n

Here are some of the highlights:<\/span><\/p>\n

Saudi Arabia becomes the largest outside shareholder of Nintendo<\/span><\/h2>\n

In February 2023, Saudi Arabia\u2019s Public Investment Fund (PIF) became the largest outside shareholder of Nintendo, owning 8.6% of the Kyoto-based games company.<\/span><\/p>\n

This was the second time that PIF increased its stake in Nintendo, after acquiring 6.1% in May 2022.<\/span><\/p>\n

PIF is the sovereign wealth fund of Saudi Arabia, which aims to diversify the country\u2019s economy and invest in strategic sectors, such as technology, entertainment, and renewable energy.<\/span><\/p>\n

The investment in Nintendo is part of Saudi Arabia\u2019s vision to become a gaming hub in the Middle East, as well as to bring home cutting-edge technology and content.<\/span><\/p>\n

Under Crown Prince Mohammed bin Salman, Saudi Arabia has made a concerted push to break into the games and esports industry, setting up Savvy Games Group under the PIF umbrella with a $38 billion budget and hiring veteran industry executives.<\/span><\/p>\n

Savvy Games Group has also invested in other gaming companies, such as Activision Blizzard, Electronic Arts, Take-Two Interactive, Capcom, and Nexon.<\/span><\/p>\n

PIF is also bankrolling the construction of Neom, a futuristic city in northwestern Saudi Arabia, which it plans to market as the region\u2019s first gaming hub.<\/span><\/p>\n

Neom will house a campus to attract businesses, developers, and artists to collaborate on games, according to marketing documents.<\/span><\/p>\n

Nintendo launches Switch Online + Expansion Pack in Saudi Arabia<\/span><\/h2>\n

In October 2022, Nintendo launched a new service for its Switch Online subscribers, called the Switch Online + Expansion Pack.<\/span><\/p>\n

This service allows users to access a selection of Nintendo 64 and Sega Genesis games, as well as:<\/span><\/p>\n