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 Makkah and Medina property investments to foreigners
The Capital Market Authority (CMA) specified that foreign investment will be limited to shares, convertible debt instruments or both
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 target=_blank href=
Saudi Arabia eases foreign property investments in Mecca, Medina
Foreign investment would be limited to shares, convertible debt instruments, or both and would exclude “strategic foreign investors”
Big move by Saudi Arabia crown prince Salman in Mecca and Madina, allows foreigners to…
The kingdom has also reoriented its spending from overseas into its domestic market. One indicator of this was that in 2024, the UAE’s Mubadala surpassed Saudi Arabia’s Public Investment Fund (PIF) as the world’s most active sovereign wealth fund.
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 Mecca & Medina Real Estate To Foreign Investors: What It Means
Saudi Arabia's decision to allow foreign investment in Mecca and Medina real estate opens new opportunities for global investors while boosting economic diversification under Vision 2030.
Saudi Arabia to allow foreign investment in Mecca and Medina real estate
Saudi Arabia's market regulator announced on Monday that foreign investors can now invest in listed companies owning real estate in Mecca and Medina. The move is part of the kingdom's efforts to attract global investment and enhance liquidity for projects in these key religious cities.
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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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 ...
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Makkah, Saudi Arabia to build world’s largest Courtyard by Marriott by 2026
The property in the city's Al Naseem district will be part of a larger complex of interconnected towers. Makkah, Saudi Arabia ...
Saudi Arabia’s market watchdog allows foreign investment in listed firms with property in Mecca, Medina
Saudi Arabia’s market watchdog, the Capital Market Authority (CMA), said in a statement the move aimed to attract foreign ...
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Four luxury Mecca hotels included in exclusive Umrah packages
Mecca is a sacred city located in the heart of Saudi Arabia. It is home to the revered Kaaba, Cave of Hira, and many other ...