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Saudi Arabia Fund Acquires Another Slice of Resident Evil Requiem Publisher Capcom, Upping Country's Ownership to 10%
Saudi investors doubled their stake in Capcom as Resident Evil Requiem sold 6 million copies in weeks, marking the franchise's fastest launch to date, company announced.
- On Monday, Capcom announced Resident Evil Requiem sold 6 million units in its first weeks as Saudi Arabia expanded its stake through Electronic Gaming Development Company with a new 5 percent share.
- Saudi investment vehicles have been building a gaming portfolio, including Savvy Games Group and acquisitions like Scopely and Niantic, discussed recently at GDC 2026, while the company calls the purchase 'pure investment' to reap stock profits.
- The game became the franchise's fastest-selling entry as Resident Evil Requiem set records, and Capcom plans ongoing support and extra content so players can enjoy the title longer.
- Saudi consolidation of events like the Evo tournament and the recent 5 percent stake in Resident Evil maker impact regional stability, analysts say, amid a $55 billion EA bid fueled by oil-price spikes.
- Regulatory questions persist as Saudi-backed groups expand holdings, but Savvy Games Group says it is in no rush to make changes, and the Trump administration seems unlikely to block the EA deal.
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22 Articles
22 Articles
Saudi Arabia’s Electronic Gaming Development Company Takes Stake in ‘Resident Evil Requiem’ Publisher Capcom (Report)
Saudi Arabia’s Electronic Gaming Development company has taken a 5% stake in 'Resident Evil Requiem' publisher Capcom, raising Saudi's share to 10%.
·Los Angeles, United States
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Saudi Arabia Fund Acquires Another Slice of Resident Evil Requiem Publisher Capcom, Upping Country's Ownership to 10%
Saudi Arabia now owns 10% of Capcom, after Saudi Crown Prince Mohammed Bin Salman's Electronic Gaming Development Company (EGDC) acquired a 5% stake.Gamebiz.jp reports that the EGDC's acquisition, part of the Crown Prince's MISK Foundation, is "pure investment." Added to the Saudi Arabia Public Investment Fund (PIF)'s existing 5% stake, EGDC's acquisition of an additional 26.78 million shares raises the country's ownership of the developer and p…
·United States
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Coverage Details
Total News Sources22
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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