Asia News13d
As business comes to rule in Saudi Arabia, Makkah and Madinah are now open to foreign capital
“This was reason enough to undertake social changes,” which now touch upon “religious orthodoxy”. “These sacred places (Makkah and Madinah) were forbidden to non-Muslims,” but now they ...
Skift12d
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 ...
Construction Week Online15d
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 by the Saudi Capital Market Authority. Saudi Arabia eases foreign investment ...
Arabian Business15d
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 ...
JD Supra12d
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 ...