The kingdom has also reoriented its spending from overseas into its domestic market. One indicator of this was that in 2024, ...
Inquirer on MSN3d
Saudi Arabia opens Mecca, Medina to foreign investorsSaudi Arabia on Monday said foreigners are from now on allowed to invest in Saudi-listed companies that own property in Mecca ...
Saudi Gazette on MSN3d
Saudi Arabia launches 'In the Prophet’s Steps' project in MadinahPrince Salman bin Sultan, Emir of Madinah Region, launched the "In the Prophet’s Steps" project here on Monday.The initiative recreates the historic route taken by the Prophet Muhammad (peace be upon ...
Non-Muslims are not allowed to own property in the holy cities of Makkah and Madinah, even after Saudi Arabia gradually ...
In a major move, the Saudi Capital Market Authority (CMA) has granted foreign investors permission to invest in Saudi-listed companies that own real estate within the cities of Makkah and Madinah.
Previously, non-Saudis were allowed to lease properties in Makkah and Madinah but faced significant restrictions on ownership. Under the new guidelines, foreign investments will be limited to shares ...
Saudi Arabia's market regulator said on Monday it would allow foreign investment in listed companies that own real estate ...
This includes attracting foreign capital and providing the necessary liquidity for current and future projects in Makkah and Madinah through the investment products available in the Saudi market ...
RIYADH: Saudi Arabia has announced a landmark decision allowing foreign investment in listed companies that own real estate within Islam’s holiest cities, Makkah and Madinah. The move ...
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