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Saudi Arabia, Makkah and Madinah
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 49 per cent) but direct ownership of real estate is excluded. Jordan
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 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.
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 companies that own real estate within the cities of Makkah and Madinah.
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,
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,
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 allows foreign investments in Makkah, Madinah real estate
Previously, non-Saudis were allowed to lease properties in Makkah and Madinah but faced significant restrictions on ownership. Under the new guidelines, foreign investments will be limited to shares or convertible debt instruments of listed real estate companies,
CMA: Allowing Foreign Investment in real estate listed companies operating in Makkah and Madinah
This follows the approval of the Controls for the Exclusion of Companies Listed in the Saudi Stock Exchange (Tadawul) from the Meaning of the Phrase (Non-Saudi)
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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 ...
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SAPTCO rolls out $30.4mln deal with Development of Madinah Authority
The deal covers operating shuttle transportation services for the Pilgrims Experience Program in Madinah for one year ...
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