Saudi Arabia allows foreigners to invest in firms with property in Mecca, Medina
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 Mecca and Medina, as the Gulf country looks to attract more investment.
Saudi Arabia intends to invest $600 billion in U.S., crown prince says during call with Trump
The comments from Crown Prince Mohammed bin Salman, reported by the state-run Saudi Press Agency, came in a phone call with President Trump.
Saudi Arabia Opens Real Estate Investment in Makkah, Madinah
Saudi Arabia has announced a historic move, opening doors for foreign investments in publicly-traded companies that own real estate in the holy cities of Makkah and Madinah. This marks a significant shift in the Kingdom’s approach to foreign investment,
Saudi Arabia allows foreigners to invest in listed companies operating in Makkah and Madinah
The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in listed Saudi companies that own real estate in the cities of Makkah and Madinah, effective from Monday,
Saudi Arabia opens up holy cities to foreign property investors
Saudi Arabia’s Capital Markets Authority (CMA) has announced that foreigners will be allowed to invest in companies that own real estate in the holy cities of Mecca and Medina. The CMA said the decision would “stimulate investment” and “enhance the attractiveness and efficiency of the capital market”.
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