Saudi Arabia, Makkah
Hoteliermiddleeast.com · 1d
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 to build world’s largest Courtyard by Marriott by 2026. hotel, hotel news,
newsbytesapp.com · 3d
Foreigners can now invest in Mecca and Medina's real estate
In a major policy shift, Saudi Arabia has allowed foreign investors to invest in publicly-traded companies owning real estate in the holy cities of Mecca and Medina. Under the new policy, foreigners can purchase shares and convertible debt instruments in companies listed on the Saudi stock exchange.
Business Times · 3d
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.
Zawya · 3d
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 real estate in Makkah and Madinah. The decision is expected to increase avenues for the sector to secure financing.
Indiatimes · 3d
Saudi Arabia opens foreign property investments in holy cities Makkah and Madinah
Saudi Arabia is now allowing foreigners to invest in publicly-traded companies owning real estate in Makkah and Madinah, aiming to attract overseas investment. Foreign ownership is capped at 49%. The move aligns with Saudi's Vision 2030 goals to boost the capital market and accommodate 30 million worshippers annually by 2030.
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