Topic: saudi investment
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Lucid Motors: Powering Saudi Arabia's Sustainable Future
Lucid Motors is advancing Saudi Arabia's electric vehicle transformation by establishing a major assembly plant and retail presence, aligning with Vision 2030 to boost production capacity and clean mobility goals. The company earned the "Saudi Made" certification, becoming the first OEM to do so,...
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EA Buyout Stuns Gaming Industry: Key Reactions
A private-equity consortium, including Saudi Arabia's PIF, Silver Lake, and Affinity Partners, has acquired Electronic Arts in a $55 billion leveraged buyout, marking a major shift in the gaming industry. The deal raises concerns about creative control, increased soft power for state-controlled f...
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Dead Space Reportedly Shelved, Could Be Sold by EA
Electronic Arts has reportedly shelved the Dead Space franchise and is considering selling the intellectual property outright. This strategic review is part of EA's effort to manage a significant debt burden following a massive, debt-financed acquisition deal. The future of the acclaimed horror s...
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Dead Space: A Final Farewell (2008-2023)
The Dead Space franchise has reportedly been shelved indefinitely by EA, marking the second time the series has been put on ice despite a recent remake. EA is not planning new projects but may sell the IP, a potential move linked to its changing financial landscape and new majority ownership. Pla...
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