1 Day
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الاقتصادية
European Commission OKs PIF Deals
The European Commission approved the Saudi Public Investment Fund's acquisition of sole control over the American company Electronic Arts, renowned for its video game industry, after assessing that the deal would not impact competition in the European market. It also approved the entry of the Public Investment Fund and Saudi Aramco into a joint partnership to control Humain, a company specializing in artificial intelligence technologies, with confirmation that its impact on the European market is limited. It has been determined that neither of the two deals will raise competition concerns due to their limited influence in the region, and both were subjected to a simplified review.
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