Saudi Allows Foreign Investment in Holy Cities - What it Means For Tourism
Saudi has opened up foreign investment into real estate firms in its holy cities this week, a move that will support religious travel.
Saudi Arabia opens Makkah and Medina property investments to foreigners
The Capital Market Authority (CMA) specified that foreign investment will be limited to shares, convertible debt instruments or both
As economics prevails in Saudi Arabia, Makkah and Madinah are now open to foreign capital
Saudi Arabia will allow foreign capital to invest in Islam’s two holiest cities. Foreigners will be able to buy shares (up to 49 per cent) but direct ownership of real estate is excluded. Jordan
Foreigners allowed to invest in listed firms with property in Makkah, Madina
DUBAI: Saudi Arabia's market regulator has unveiled a plan to allow foreigners to invest in listed companies that own real estate in Makkah and Madina in a bid to boost foreign investment.The
Makkah, Saudi Arabia to build world’s largest Courtyard by Marriott by 2026
The property in the city's Al Naseem district will be part of a larger complex of interconnected towers. Makkah, Saudi Arabia to build world’s largest Courtyard by Marriott by 2026. hotel, hotel news,
Foreign Investment in Makkah, Madinah Real Estate Company Shares Boosts Capital Inflows
Riyadh: Real estate experts have welcomed Saudi Arabia’s decision to allow foreign investment in real estate companies in the Makkah and Madinah regions. They said it will attract more foreign capital,
Saudi Arabia now allows foreign investment in listed real estate companies in Makkah and Madinah
The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in Saudi listed companies in the Saudi capital market that own real estate within the boundaries of the cities of Makkah and Madinah, starting from Monday, January 27.
Foreigners Can Now Invest in Makkah and Madina
Saudi Arabia’s market regulator announced on Monday that it will permit foreign investment in listed companies owning real estate within Islam’s two
Foreigners allowed to invest in Makkah, Madinah property firms
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.
The Saudi Capital Market Authority: Allowing Foreign Investment in Real Estate Listed Companies Operating in Makkah and Madinah
The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in Saudi listed companies in the Saudi capital market that own real estate within the boundaries of the cities of Makkah and Madinah,
Saudi Arabia Opens Mecca, Medina To Foreign Investors
Saudi Arabia on Monday said foreigners are from now on allowed to invest in Saudi-listed companies that own property in Mecca and Medina, Islam's two holiest cities.
JD Supra11h
The Saudi Arabian Capital Market Authority Allows Foreign Investment in Real Estate in Makkah and Madinah Through Listed Companies
On 27 January 2025, the Saudi Capital Market Authority (“CMA”) approved the ‘Controls for the Exclusion of Companies Listed in the Saudi ...
bernama1d
Former Bernama Stringer Sets Off On Bicycle Journey To Makkah
PADANG BESAR (Thailand), Jan 29 (Bernama) -- Seventy-five-year-old Che Saad Nordin, a former Malaysian National News Agency ...
Saudi Moments on MSN3d
Makkah to Introduce Low-Calorie Iftar Meals for Worshippers
In preparation for Ramadan 2025, the Grand Mosque in Makkah will offer low-calorie Iftar meals to support worshippers with ...