Saudi Arabia Opens Mecca, Medina

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 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,
Foreigners can now invest in Mecca and Medina's real estate
In a major policy shift, Saudi Arabia has allowed foreign investors to invest in publicly-traded companies owning real estate in the holy cities of Mecca and Medina. Under the new policy, foreigners can purchase shares and convertible debt instruments in companies listed on the Saudi stock exchange.
Saudi Arabia opens property investments in Mecca and Medina to foreigners
Saudi workers adjust the new Kiswa, the protective cover that engulfs the Kaaba which is made from black silk and gold thread and is embroidered with Quran verses, in Saudi Arabia's holy city of Mecca, on 6 July 2024 (Abdel Ghani Bashir/AFP)
Saudi Arabia opens foreign property investments in holy cities
Saudi Arabia said it will begin allowing foreigners to invest in publicly-traded companies owning real estate in the holy cities of Makkah and Madinah for the first time as the kingdom looks to draw in more overseas investment.
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's Real Estate Investment Revolution in Mecca and Medina
Saudi Arabia's market regulator is opening listed companies owning real estate in Mecca and Medina to foreign investors. This initiative aligns with economic diversification under Vision 2030, aiming to increase pilgrimage numbers and reduce oil dependency.
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
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
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
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
After flash floods, another big DANGER looms over Makkah, the Holiest city of Muslims, alert issued for...
The Hajj is one of the world's largest religious gatherings and the major annual event in Saudi Arabia. It is regarded as one ...
The Times of Israel4d
How Saudi Arabia controls one of the Pillars of Islam
Hajj pilgrimage is one of the Five Pillars of Islam, an essential act of worship that every capable Muslim is obligated to ...