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Logistics (MENA) 
PIF sells down Nintendo stake
PIF remains one of Nintendo’s largest shareholders
PIF acquires an additional 30% in UK department store chain Selfridges
The fund will hold an overall 40% minority stake in the business.
PIF eyes USD 1 bn minority stake in sports streaming platform Dazn
Dazn’s revenue grew 41% to USD 2.1 bn in 2022
Almarai is set to fully take over Jordan-based dairy producer Hammoudeh Food Industries
PLUS: Sarco taps advisors for Golden Compass acquisition
Nintendo rally + AI-backed economic growth
PLUS: Saudi Arabia’s bid for a seat on the UN Human Rights Council
PIF plans USD multi-bn green hydrogen investment
The new firm, Energy Solutions, is expected be formally announced as early as this month
Saudi startups topped the MENA region in startup funding in September
Jeddah was the second most funded city regionally, followed by Riyadh
Saudi-Spanish consortium lands SAR 4 bn Qiddiya stadium contract
The stadium is slated for completion in 2029
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