The approval of the Controls by the CMA follows a shift in recent years towards liberalizing foreign ownership in the holy cities of Makkah and Madinah. In early 2021, Saudi Arabia’s Cabinet ...
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 ...
DUBAI: 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 ...
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 ...