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 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 allows foreign investment in Makkah, Madinah real estate firms
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 by the Saudi Capital Market Authority (CMA), aligns with the Kingdom’s Vision 2030 strategy to diversify its economy and attract foreign capital.
The Saudi Capital Market Authority: Allowing Foreign Investment in Real Estate Listed Companies Operating 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,
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,
Asia News1d
As economics prevails in Saudi Arabia, Makkah and Madinah are now open to foreign capital
Saudi Arabia will allow foreign capital to invest in Islam’s two holiest cities. Foreigners will be able to buy shares (up to ...
JD Supra7h
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 ...
Arabian Post on MSN2d
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 <a ...
Saudi Gazette on MSN1d
Emir of Madinah inaugurates Yanbu waterfront and tourism and entertainment projects
Saudi Gazette report YANBU — Emir of Madinah Prince Salman bin Sultan inaugurated the waterfront and a number of development and entertainment projects in the Yanbu Industrial City. He also graced the ...
Trade Arabia1d
Foreigners allowed to invest in Makkah, Madinah property firms
In a major move, the Saudi Capital Market Authority (CMA) has granted foreign investors permission to invest in Saudi-listed ...
Arabian Business3d
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 ...
Hosted on MSN2d
Foreign Investment in Makkah, Madinah Real Estate Company Shares Boosts Capital Inflows
Riyadh: Real estate experts have welcomed Saudi Arabia’s decision to allow foreign investment in real estate companies in the Makkah and Madinah regions. They said it will attract more foreign capital ...
Zawya3d
Saudi Arabia to allow foreigners to hold shares in Makkah and Madinah property companies
The Saudi Capital Market Authority (CMA) on Monday announced that foreigners can invest in Saudi-listed companies that own ...