Saudi Arabia has confirmed that children will not be allowed at Hajj this year. The Ministry of Hajj and Umrah said the move ...

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

Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, following a landmark decision by the Saudi Capital Market Authority. Saudi Arabia eases foreign investment ...

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

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 ...

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

Saudi has opened up foreign investment into real estate firms in its holy cities this week, a move that will support ...

Riyadh, Saudi Arabia — 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.

Saudi Arabia's market regulator is opening listed companies owning real estate in Mecca and Medina to foreign investors. This initiative aligns with economic diversification under Vision 2030, aiming ...

Marriott International has partnered with Al Qimmah Hospitality Company and Amwaj Real Estate Company, subsidiaries of BinDawood Trading, to develop a 2,179-room Courtyard by Marriott hotel in Makkah, ...

Umm Al Qura was established in 2012, and is backed by major Saudi entities, including the Public Investment Fund of Saudi ...