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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.
Saudi Arabia opens Mecca, Medina to foreign investors
Saudi Arabia on Monday said foreigners are from now on allowed to invest in Saudi-listed companies that own property in Mecca and Medina, Islam's two holiest cities. It said foreign investment "in companies owning real estate within the boundaries of Mecca and Madinah will be limited to shares of these Saudi companies listed on the Saudi capital market,
Saudi Arabia welcomes foreign investment into holy cities
Saudi Arabia will allow foreign companies to invest in Saudi companies that own properties in Mecca and Medina, possibly forshadowing a lift on its ban on foreigners in the holy cities
Saudi Arabia allows foreigners to invest in firms with property in Mecca, Medina
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 Mecca and Medina, as the Gulf country looks to attract more investment.
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 real estate in the holy cities of Makkah and Madinah. This marks a significant shift in the Kingdom’s approach to foreign investment,
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,
Malaysiakini
18h
'Toll vs religion' - Akmal opens fire from Mecca, Johor MCA apologises
Shortly after arriving in the holy city of Mecca, Umno Youth chief Dr Muhamad Akmal Saleh launched a broadside against Johor ...
The News International
18h
What are the new rates for 2025 Hajj packages?
The Ministry of Religious Affairs and Interfaith Harmony on Tuesday announced the final cost for long and short Hajj packages ...
4d
Explained: The story of the Kiswah, sacred cloth that covers the Holy Kaaba in Mecca
For the first time, the full Kiswah will be displayed outside Mecca. It will be the central element of the Islamic Arts ...
Krone
1d
Hasan E. case: omissions after the Mecca attack?
Austrian authorities are said to have failed to gather information about a Lower Austrian supporter of the terrorist ...
India.com
3d
Kiswah, the golden drape covering Kaaba in Mecca, will be on display for first time at…, from…
This will be the first time that Kiswah will be shown outside the city of
Mecca
. The Biennale, “And All That Is in Between”, will run from January 25 to May 25 in Jeddah.
Islamic
and ...
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