Saudi Arabia Opens Mecca, Medina

Saudi Arabia opens doors to foreign investment in Mecca, Medina real estate; How will it benefit Indians?
Saudi Arabia's market regulator revealed that foreign investors are now permitted to invest in publicly traded companies that own real estate in Mecca and Medina. This initiative is part of the kingdom's strategy to draw international investment and increase liquidity for projects in these prominent religious cities.
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.
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 eases foreign investment laws for Mecca, Medina real estate
Foreign investors will have access to limited shares of companies listed on the Saudi capital market, convertible debt instruments or both, the Saudi Capital Markets Authority said in a statement.
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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