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,
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.
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.
Hosted on MSN6d
Lawmakers move to limit foreign real estate buys near military bases
The measure, sponsored by Republican Sen. Ted Cruz, would require federal approval before companies linked to China could ...
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 ...
اخبار 2417h
Edaa lifts restrictions on foreign investment in real estate firms
The Securities Depository Center (Edaa) announces the lifting of ownership restriction imposed on foreign shareholders of ...
Hosted on MSN12h
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 ...
Spain Seeks to Curb Foreign Buyers Amid Growing Housing Crisis
The country is at the forefront of a wider crunch spreading across Europe, and its prime minister has proposed a 100 percent ...
اخبار 243h
Foreign Investments in Saudi exchange hit SAR 400B by 2024-end: ElKuwaiz
Mohammed ElKuwaiz, Chairman of the Capital Market Authority (CMA), said foreign investments in the Saudi exchange exceeded ...
Foreign Entities Lead Real Estate Institutional Investments In India With 54% Share
Despite significant investments in the industrial and warehousing sector, commercial assets continued to dominate with 35 per ...
Zawya1d
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 ...