Saudi crown prince seeks soft power in game hub Japan

Crown Prince Mohammed bin Salman visits Japan next week, where he will hold talks on energy while hunting more opportunities in gaming as he seeks to improve Saudi Arabia 's image.

Saudi Arabia’s sovereign wealth fund holds around eight percent stake in Nintendo, and the country is planning a theme park based on Japan’s “Dragon Ball” manga franchise in a new “entertainment city” outside Riyadh. Prince Mohammed, 38, known by his initials MBS, will meet Prime Minister Fumio Kishida and the emperor on his first visit to Japan since 2019.

Serkan Toto of Tokyo-based firm Kantan Games said there was ample potential for Prince Mohammed to meet gaming executives in Japan. But a lot is at stake for Japan. Saudi Arabia is the biggest oil exporter to the resource-poor country, fulfilling 40 percent of its total needs. Shareholders of Berger Paints Nigeria Plc have endorsed the firm's total dividend of N232 million total dividend, bringing the final dividend to N1 per share. The investors also commended the management for its resourcefulness in improving the company's fortunes which translated into paying competitive dividends and an assurance for increased shareholder value.

Source: Energy Industry News (energyindustrynews.net)

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