Move over Tencent Games, as you are not the sole conglomerate trying to invest in the gaming world in all corners of the world and your biggest competitor is a firm known by Electronic Gaming Development Company.

And the biggest highlight this week is that SNK (via fillings), confirmed that it has received an investment that makes Electronic Gaming Development Company a 96.18% owner of the iconic Japanese studio.

Electronic Gaming Development Company is one of the many firms under the Mohammed bin Salman Foundation or the house of investment firms by the Saudi Arabia well-known prince.

The SNK takeover started on November with an strategic move of buying 33.3% of stake and progressively brought to this week and converting SNK as a first Eastern-Arabian owned gaming studio and we shall see the immediate effect on games that particularly appeals to western liberal public when even MBS’s westernization of Saudi Arabia, many custom would make impossible for example, having a billboard with Mai Shiranui or Metal Slug thematic out of the open.

Mohammed bin Salman Foundation interest in gaming has been notorious as the EGDC has also invested in Capcom, Nexon, Activision Blizzard, Electronic Arts Take-Two Interactive and Riot Games (many receiving Tencent Games investment too).