The Haj is one of the world's largest religious gatherings and the major annual event in Saudi Arabia. It is regarded as one ...

Foreign investment would be limited to shares, convertible debt instruments, or both and would exclude “strategic foreign ...

The Saudi Exchange granted conditional approval on Dec. 8, 2024, while the Capital Market Authority (CMA) approved the ...

Mecca receives millions of Muslim pilgrims each year but the city is undergoing massive development aimed at drawing more — ...

Like Mecca, the history of the Kaaba’s door is also very old. The grandeur of the current door of the Kaaba can be gauged ...

Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, following a landmark decision ...

Saudi Arabia’s market watchdog, the Capital Market Authority (CMA), said in a statement the move aimed to attract foreign ...

Non-Muslims are not allowed to own property in the holy cities of Makkah and Madinah, even after Saudi Arabia gradually ...

In a major policy shift, Saudi Arabia has allowed foreign investors to invest in publicly-traded companies owning real estate ...

Milan (AsiaNews) – Saudi Arabia has to allow foreign investments in Makkah and Madinah ... foresees 40,000 new hotel rooms in Mecca. The annual hajj and umrah pilgrimages generated an estimated ...

Saudi Arabia's market regulator is opening listed companies owning real estate in Mecca and Medina to foreign investors. This ...