New Delhi: Saudi Arabia is set to begin allowing non-Saudis to invest in publicly-traded companies that own real estate in Mecca and Medina. According to a statement from the Capital Market ...
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 now allows foreigners to invest in listed companies that own real estate in Makkah and Madinah. The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to ...
Saudi Arabia has announced a landmark ... firms with significant holdings in Makkah and Madinah saw their share prices surge. Knowledge Economic City’s stock rose by 9.89% to SR16.66 ($4.44 ...