Saudi Arabia Opens Mecca, Medina

Saudi Arabia opens door for foreign investment in Makkah and Madinah real estate
RIYADH: Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, following a landmark decision by the Saudi Capital Market Authority. Effective immediately, the move aims to boost the capital market’s competitiveness and align with the Kingdom’s Vision 2030 economic diversification objectives,
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.
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. It said foreign investment "in companies owning real estate within the boundaries of Mecca and Madinah will be limited to shares of these Saudi companies listed on the Saudi capital market,
Saudi Arabia Allows Foreigners to Invest in Firms with Property in Makkah, Madinah
Saudi Arabia's market regulator said on Monday it would allow foreign investment in listed companies that own real estate within Islam's two holiest sites of Makkah and Madinah. Saudi Arabia's market watchdog,
Saudi Arabia allows foreign investment in real estate firms listed on stock exchange
In a significant move aimed at boosting the Kingdom’s capital market and aligning with Vision 2030, the Saudi Capital Market Authority (CMA) announce
Saudi Arabia opens foreign property investments in holy cities
Non-Muslims are not allowed to own property in the holy cities of Makkah and Madinah, even after Saudi Arabia gradually allowed some foreigners to own property in various parts of the kingdom.
CMA: Allowing Foreign Investment in real estate listed companies operating in Makkah and Madinah
This follows the approval of the Controls for the Exclusion of Companies Listed in the Saudi Stock Exchange (Tadawul) from the Meaning of the Phrase (Non-Saudi)
Saudi Arabia allows foreign investment in listed property companies in Makkah and Madinah
Saudi Arabia will allow foreign citizens to invest in publicly listed local companies that own real estate in Makkah and Madinah, as the kingdom seeks to attract international investments and boost its capital markets.
Saudi Arabia opens foreign property investments in holy cities Makkah and Madinah
Saudi Arabia is now allowing foreigners to invest in publicly-traded companies owning real estate in Makkah and Madinah, aiming to attract overseas investment. Foreign ownership is capped at 49%. The move aligns with Saudi's Vision 2030 goals to boost the capital market and accommodate 30 million worshippers annually by 2030.
CMA allows foreign investment in listed real estate firms operating in Makkah, Madinah
The Saudi Capital Market Authority (CMA) announced that foreigners are allowed to invest in Saudi listed companies in the Saudi capital market that ow
Saudi Arabia allows foreign investment in Makkah, Madinah real estate firms
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, unveiled b
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Saudi Arabia eases foreign investment rules for Makkah and Madinah real estate
Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, following a landmark decision ...
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