Wednesday, July 16, 2025
  • Who’sWho Africa AWARDS
  • About Time Africa Magazine
  • Contact Us
Time Africa Magazine
  • Home
  • Magazine
  • WHO’SWHO AWARDS
  • News
  • World News
    • US
    • UAE
    • Europe
    • UK
    • Israel-Hamas
    • Russia-Ukraine
  • Politics
  • Crime
  • Lifestyle
  • Sports
  • Column
  • Interviews
  • Special Report
No Result
View All Result
Time Africa Magazine
  • Home
  • Magazine
  • WHO’SWHO AWARDS
  • News
  • World News
    • US
    • UAE
    • Europe
    • UK
    • Israel-Hamas
    • Russia-Ukraine
  • Politics
  • Crime
  • Lifestyle
  • Sports
  • Column
  • Interviews
  • Special Report
No Result
View All Result
Time Africa Magazine
No Result
View All Result
  • Home
  • WHO’SWHO AWARDS
  • News
  • Magazine
  • World News

Home » Featured » Saudi Arabia now owns nearly all of SNK

Saudi Arabia now owns nearly all of SNK

April 8, 2022
in Featured, World News
0
Saudi Crown Prince Mohammed Bin Salman

Saudi Crown Prince Mohammed Bin Salman

541
SHARES
4.5k
VIEWS
Share on FacebookShare on Twitter

ReadAlso

How Saudi Arabia plans to avoid repeat of last year’s record Hajj deaths as temperature again hits 50C

Mecca: Saudi Arabia launches Hajj permit crackdown in bid to stop heat deaths

As foreign powers continue to grow their economic influence and influence, they are actively seeking new markets to gain a foothold through multiple means. Chinese tech giants like Tencent, for example, have been very aggressive in getting a foothold in the gaming industry with significant investments in companies like Epic Games and Riot Games. It appears that Saudi Arabia is now looking to get into this as well, with Japanese developer SNK now almost completely under the full ownership of the Saudi crown prince.

SNK Corporation is one of the oldest video game companies still active in Japan, standing alongside strong Japanese associates such as Capcom and Square Enix. Originally founded in 1978 as Shin Nihon Kikaku as an arcade game developer, it is responsible for popular series including metal ingotAnd the King warriorsAnd the killer rage, among other things. The company also attempted to enter the console market with its Neo Geo console line, a family of systems ranging from indoor systems to SNK handhelds that were produced between 1990 and 2004.

It was announced on April 5 that the company had effectively come under the ownership of Saudi Crown Prince Mohammed bin Salman after a massive investment from the electronic games development company, which is owned by the Mohammed bin Salman Foundation. The Verge reports that EGDC has acquired a 96.18 percent stake in SNK Corporation, a larger investment than the previously announced 51 percent that MiSK was talking about in a press release.

 

ADVERTISEMENT
Tags: Saudi Arabia
ADVERTISEMENT
Previous Post

U.S Govt says majority of Nigerians in American prisons are convicted for fraud

Next Post

The Rise of the Saudi Arabia’s Crown Prince Mohammed bin Salman and his hyper-ambitious project: NEOM City

You MayAlso Like

World News

China’s GDP grows 5.2% as exports show resilience against Trump trade war

July 15, 2025
US

We’re finally learning the awful truth about who ruled America under Biden

July 15, 2025
World News

SUICIDE! Air India pilot ‘deliberately’ crash plane

July 15, 2025
Column

The Life and Times of Former President Muhammadu Buhari (1942–2025)

July 13, 2025
Column

The US’s Africa Policy Is Now Crystal Clear. Its Success Is Not

July 13, 2025
US

Putin, Undeterred by Trump’s Words, Escalates His War Against Ukraine

July 9, 2025
Next Post

The Rise of the Saudi Arabia’s Crown Prince Mohammed bin Salman and his hyper-ambitious project: NEOM City

TIME AFRICA biweekly magazine

TIME AFRICA biweekly magazine hits newsstand in Saudi Arabia

Discussion about this post

Enugu Announces Date for 2026 Tech Festival

Former Nigeria President Muhammadu Buhari dies at 82

Two Former Nigerian Leaders, Abdulsalami, Buhari Sick And Dying In London

SUICIDE! Air India pilot ‘deliberately’ crash plane

Enugu Commissioner Dr. Prince Lawrence Ezeh Bags Award From University of Nigeria

We’re finally learning the awful truth about who ruled America under Biden

  • British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad

    1238 shares
    Share 495 Tweet 310
  • Maids trafficked and sold to wealthy Saudis on black market

    1064 shares
    Share 426 Tweet 266
  • Flight Attendant Sees Late Husband On Plane

    968 shares
    Share 387 Tweet 242
  • ‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

    902 shares
    Share 360 Tweet 225
  • Crisis echoes, fears grow in Amechi Awkunanaw in Enugu State

    735 shares
    Share 294 Tweet 184
  • Trending
  • Comments
  • Latest

British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad

April 13, 2023

Maids trafficked and sold to wealthy Saudis on black market

December 27, 2022
Flight Attendant Sees Late Husband On Plane

Flight Attendant Sees Late Husband On Plane

September 22, 2023
‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

March 21, 2023
Chief Mrs Ebelechukwu, wife of Willie Obiano, former governor of Anambra state

NIGERIA: No, wife of Biafran warlord, Bianca Ojukwu lied – Ebele Obiano:

0

SOUTH AFRICA: TO LEAVE OR NOT TO LEAVE?

0
kelechi iheanacho

TOP SCORER: IHEANACHA

0
Goodluck Ebele Jonathan

WHAT CAN’TBE TAKEN AWAY FROM JONATHAN

0

Nigeria’s Former President Buhari Laid to Rest in his Hometown Daura

July 16, 2025

Men Can Legally Take Multiple Wives, Court Rules

July 16, 2025

Trump says Club World Cup trophy will remain in Oval Office after tournament’s end

July 16, 2025

China’s GDP grows 5.2% as exports show resilience against Trump trade war

July 15, 2025

ABOUT US

Time Africa Magazine

TIME AFRICA MAGAZINE is an African Magazine with a culture of excellence; a magazine without peer. Nearly a third of its readers hold advanced degrees and include novelists, … READ MORE >>

SECTIONS

  • Aviation
  • Column
  • Crime
  • Europe
  • Featured
  • Gallery
  • Health
  • Interviews
  • Israel-Hamas
  • Lifestyle
  • Magazine
  • Middle-East
  • News
  • Politics
  • Press Release
  • Russia-Ukraine
  • Science
  • Special Report
  • Sports
  • TV/Radio
  • UAE
  • UK
  • US
  • World News

Useful Links

  • AllAfrica
  • Channel Africa
  • El Khabar
  • The Guardian
  • Cairo Live
  • Le Republicain
  • Magazine: 9771144975608
  • Subscribe to TIME AFRICA biweekly news magazine

    Enjoy handpicked stories from around African continent,
    delivered anywhere in the world

    Subscribe

    • About Time Africa Magazine
    • Privacy Policy
    • Contact Us
    • WHO’SWHO AWARDS

    © 2025 Time Africa Magazine - All Right Reserved. Time Africa is a trademark of Times Associates, registered in the U.S, & Nigeria. Use of this site constitutes acceptance of our Terms of Service.

    No Result
    View All Result
    • WHO’SWHO AWARDS
    • Politics
    • Column
    • Interviews
    • Gallery
    • Lifestyle
    • Special Report
    • Sports
    • TV/Radio
    • Aviation
    • Health
    • Science
    • World News

    © 2025 Time Africa Magazine - All Right Reserved. Time Africa is a trademark of Times Associates, registered in the U.S, & Nigeria. Use of this site constitutes acceptance of our Terms of Service.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.