Saudi Arabia reportedly increases Nintendo stake for second time in a month

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Saudi Arabia reportedly increases Nintendo stake for second time in a month
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Saudia Arabia's Public Investment Fund has increased its ownership of Nintendo for the second time in a month, accordin…

The PIF is designed to act as a long-term investment fund for the Saudi state, and as a respectable front for the country despite Prince Mohammed bin Salman's own reputation.

The crown prince has been blamed by the CIA for the assassination of Washington Post journalist Jamal Khashoggi, while his rule of Saudi Arabia has kept up the country's notoriously poor human rights record, with homosexuality still criminalised and punishments ranging from floggings to the death penalty.Create your ReedPop ID & unlock community features and much, much more!

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