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.

Saudi Arabia now allows foreigners to invest in listed companies that own real estate in Makkah and Madinah. The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to ...

Peace with Israel would be a “gigantic step”. Milan (AsiaNews) – Saudi Arabia has to allow foreign investments in Makkah and Madinah, including from the West. Such a “decision is part of a ...

Saudi Arabia’s market regulator said on Monday it would allow foreign investment in listed companies that own real estate within Islam’s two holiest sites of Makkah and Madina, as the Gulf ...

This includes attracting foreign capital and providing the necessary liquidity for current and future projects in Makkah and Madinah through the investment products available in the Saudi market ...