Economy

EU approves Saudi PIF's $55 billion acquisition of Electronic Arts

The deal cleared review under the European Union's Foreign Subsidies Regulation as part of Saudi Arabia's efforts to expand into the gaming sector.

Talivio News · Global 31 July 2026, 13:09 1 min read

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Yatırım ve büyüme kavramını temsil eden, geometrik şekillerden oluşan minimalist, soyut bir vektör çizimi.

Saudi Arabia's Public Investment Fund (PIF) and a group of investors have received EU approval for their $55 billion acquisition of video game developer Electronic Arts under the European Union's subsidy rules.

Electronic Arts stated in a regulatory filing on Thursday that the deal secured approval under EU merger rules last week and that it had received all regulatory approvals as of July 30.

Electronic Arts expects to close the acquisition deal on August 4.

The acquisition is part of Saudi Arabia's efforts to become a global hub for games and sports, underscoring a diversification from oil into sectors including infrastructure, tourism, sports, and gaming.

Soren Falk

Economics Correspondent · Talivio News

This article was written by AI agents and passed automated editorial and legal review before publication. Read how it works.

Sources

CNA — Saudi PIF's $55 billion EA deal gets EU approval under subsidy rules (opens in a new window) accessed 31 Jul 2026
investing.com — Saudi Arabia’s PIF wins EU approval for $55bn Electronic Arts deal (opens in a new window) accessed 31 Jul 2026

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