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The Latest Breaking News from Saudi Arabia

What Saudi Arabia’s role in the Electronic Arts buyout tells us about image, power and ‘game-washing’

Video game publisher Electronic Arts (EA), one of the biggest video game companies in the world behind games such as The Sims and Battlefield, has been sold to a consortium of buyers for US$55 billion (about A$83 billion). It is potentially the largest-ever buyout funded by private equity firms. Not…

The Conversation

The smartphone in Saudi Arabia: between women’s empowerment and surveillance

In January 2019, the plight of Rahaf Mohammed al-Qunun captured global attention. The young Saudi woman, attempting to escape her family, found herself stranded in Thailand after her passport was confiscated. Armed with her smartphone, she used social media to alert international organisations about the fate awaiting her. Canada eventually granted…

The Conversation

Global Cybersecurity Forum in Riyadh tackles how technology can shape future of cyberspace

Euronews brings the latest news from the Global Cybersecurity Forum in Saudi Arabia.

Euronews

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Where does the Arab and Muslim world stand on Trump’s Gaza peace plan? Expert Q&A

The US president, Donald Trump, unveiled a 20-point proposal to end the war in Gaza on September 29. The plan proposes an immediate end to the fighting and the release of all Israeli hostages held by Hamas in exchange for hundreds of detained Gazans. It also includes the promise of…

The Conversation

Animal rock art discovery rewrites human history in the Middle East

Researchers have discovered life-size rock carvings of camels, gazelles and other animals

The Independent UK

Life-size rock art points the way to oldest human inhabitants of Saudi Arabia — and the desert oases they used

Archaeologists in Saudi Arabia have discovered hundreds of rock art engravings that were carved by humans more than 12,000 years ago.

LiveScience

David Cross slams comedians ‘I admire’ performing at Riyadh Comedy Festival

Dave Chappelle, Kevin Hart, Louis C.K., and Bill Burr are among the comedians performing at the Saudi Arabian festival

The Independent UK

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Inside EA Games $55B Deal: Who Bought The Gaming Giant And What It Could Mean For The Company

EA's £35.8B acquisition by PIF, Silver Lake and Affinity Partners delivers a 25% premium. CEO Wilson stays on, but debt risks loom. What's next for 'Madden' and 'Battlefield' in Saudi Arabia's gaming expansion?

International Business Times UK

Three years on from stadium disaster, Indonesian football has a positive story to tell

The World Cup is in reach for Patrick Kluivert’s side and, though problems persist, things are looking up in one of Asia’s most passionate football nations

The Guardian - UK

How could EA's go-private deal impact the video game industry?

If the transaction is approved, Saudi Arabia's sovereign wealth fund will join Silver Lake Partners and Affinity Partners, run by US President Donald Trump’s son-in-law Jared Kushner, as EA’s new owners.

Euronews

EA CEO says company values will 'remain unchanged' under the new ownership of Saudi Arabia and Jared Kushner's investment firm

In an email to employees, Andrew Wilson thanked them for making EA's "historic" deal possible.

PC Gamer

How Electronic Arts' $52.5 billion go-private deal could impact the video game industry

In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired for a staggering $52.5 billion

The Independent UK

Trump Organization seals $1B deal to build ‘Central Park-inspired’ complex in Saudi city of Jeddah

Trump Plaza Jeddah is second major investment by Trump family in Saudi Arabia

The Independent UK

Electronic Arts To Be Bought By Saudi-led Consortium For $55 Bn

Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund.

International Business Times

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The Independent UK

Trump son-in-law Jared Kushner leads $55B Saudi-backed buyout of EA Sports

The deal, led by Ivanka Trump’s husband Jared Kushner, is set to make shareholders $210 per individual share in the biggest leveraged buyout on record

The Independent UK

Mideast nations confront chaos in their region, which Egypt warns 'is at a point of implosion'

Saudi Arabia, Egypt, the United Arab Emirates and Oman — all nations in the thick of the unrest that has pervaded the Middle East — confronted the crisis in the region at the annual U.N. gathering of world leaders

PC Gamer

EA is reportedly about to be sold in a record-setting $50 billion buyout to an investor group that includes private equity and Saudi Arabia

The deal could go through as early as next week.

Windows Central

Electronic Arts reportedly close to going private in a $50 billion deal — backers include Saudi Arabian PIF

A new report claims that Battlefield publisher Electronic Arts is going private, with a $50 billion deal from private equity and the Saudi Arabian PIF.

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The Independent UK

‘Don’t 9/11 your friends’: Marc Maron, Shane Gillis slam Pete Davidson, Kevin Hart and other stars over Saudi comedy festival

‘One reporter was killed by the government but not a f***ing hill I’m going to die on,’ comedian Tim Jefferies told podcaster Theo Von

GamesRadar

EA reportedly nearing $50 billion deal to go private with money from Saudi Arabia's Public Investment fund and a private equity firm, which would "likely be the largest leveraged buyout of all time"

The deal could be announced as soon as next week

Destructoid

EA could be taken private as it ‘nears’ deal with Saudi Arabian and American investors

A huge deal is on the horizon.

International Business Times UK

Comedians Shane Gillis and Zach Woods Speak Out Against Controversial Saudi Comedy Festival

The Riyadh Comedy Festival has drawn backlash for allegedly helping Saudi Arabia sanitise its rights record. Tim Dillon says he was removed over jokes about forced labour.

The Conversation

Goodbye petrostates, hello ‘electrostates’: how the clean energy shift is reshaping the world order

For more than a century, global geopolitics has revolved around oil and gas. Countries with big fossil fuel reserves, such as Saudi Arabia and Russia, have amassed significant wealth and foreign influence, helping shape the world order.

The Independent UK

Florida retiree banned from leaving Saudi Arabia after politically-charged social media posts

Saad Almadi criticized Saudi Arabia’s Crown Prince Mohammed bin Salman

Motor1

It's Happening: McLaren Confirms a Vehicle With 'More Than Two Seats'

Despite recent launches like the Artura sports car and the W1 hypercar, McLaren's future remains uncertain. The company was recently acquired by CYVN Holdings, an arm of Saudi Arabia’s sovereign wealth fund, and merged with British EV startup Forseven.

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