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 religious travel.
Saudi Arabia Says It Will Increase U.S. Trade and Investment by $600 Billion
The Saudi media reported that Crown Prince Mohammed bin Salman had spoken with President Trump, who made the kingdom the first stop on his first overseas presidential trip in 2017.
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.
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
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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J.P. Morgan backs Saudi’s Lendo with $690mn to boost SME financing
Lendo, the leading debt crowdfunding platform in Saudi Arabia, announced securing a $690 million (SAR 2.6 billion) warehouse ...
Saudi $600 billion package with US includes investments, procurement, minister says
Saudi Economy Minister Faisal Alibrahim said on Friday that the kingdom's $600 billion expanded package with the United ...
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Five Saudi Banks Achieve Record Profits of $14 Billion in 2024
Riyadh: Five Saudi banks reported record profit growth in 2024, an increase of approximately 12% compared to the previous year, with total earnings exceeding $14 billion (SAR53 billion). The banks ...
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Saudi poultry leader Entaj announces plans to list on Main Market of Saudi Exchange
The company intends to offer 9 million shares for sale, accounting for 30 per cent of its issued share capital ...
'A fantastic guy:' Trump again welcomes Saudi Arabia's leader. Is that a problem?
Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major ...
Saudi Arabia
The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already ...
Saudi Prince's Investment Firm Would Be Keen on TikTok if Musk or Others Buy It, CEO Says
DUBAI (Reuters) -Saudi Arabian Prince Alwaleed Bin Talal's investment company Kingdom Holding (KHC) would be interested in ...
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Saudi Arabian team to standardise use of seawater in concrete production
A team led by Saudi Arabian developer Neom has announced plans to research new forms of concrete, including ones that ...
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Kuwait and Saudi Arabia explore new business opportunities
The agreement is expected to boost trade exchanges, economic growth, and help implement the strategy of both nations to ...