Saudi Arabia Opens Mecca, Medina

Saudi Allows Foreign Investment in Holy Cities - What it Means For Tourism
Saudi has opened up foreign investment into real estate firms in its holy cities this week, a move that will support religious travel.
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 opens Makkah and Medina property investments to foreigners
The Capital Market Authority (CMA) specified that foreign investment will be limited to shares, convertible debt instruments or both
Saudi Arabia’s market watchdog allows foreign investment in listed firms with property in Mecca, Medina
Saudi Arabia’s market watchdog, the Capital Market Authority (CMA), said in a statement the move aimed to attract foreign capital and provide liquidity for present and future projects in the two cities.
Saudi Arabia eases foreign property investments in Mecca, Medina
Foreign investment would be limited to shares, convertible debt instruments, or both and would exclude “strategic foreign investors”
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.
Big move by Saudi Arabia crown prince Salman in Mecca and Madina, allows foreigners to…
The kingdom has also reoriented its spending from overseas into its domestic market. One indicator of this was that in 2024, the UAE’s Mubadala surpassed Saudi Arabia’s Public Investment Fund (PIF) as the world’s most active sovereign wealth fund.
Saudi Arabia Opens Mecca & Medina Real Estate To Foreign Investors: What It Means
Saudi Arabia's decision to allow foreign investment in Mecca and Medina real estate opens new opportunities for global investors while boosting economic diversification under Vision 2030.
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 cities of Makkah and Madinah,
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 opens up holy cities to foreign property investors
Saudi Arabia’s Capital Markets Authority (CMA) has announced that foreigners will be allowed to invest in companies that own real estate in the holy cities of Mecca and Medina. The CMA said the decision would “stimulate investment” and “enhance the attractiveness and efficiency of the capital market”.
Asia News2d
As economics prevails in Saudi Arabia, Makkah and Madinah are now open to foreign capital
Saudi Arabia will allow foreign capital to invest in Islam’s two holiest cities. Foreigners will be able to buy shares (up to ...
Hoteliermiddleeast.com2d
Makkah, Saudi Arabia to build world’s largest Courtyard by Marriott by 2026
The property in the city's Al Naseem district will be part of a larger complex of interconnected towers. Makkah, Saudi Arabia ...
The Times of Israel7h
Why Saudi Arabia Should Not Manage the Jerusalem Islamic Waqf
Since 1948, the administration of the Jerusalem Islamic Waqf has been under Jordanian oversight. After Israel’s occupation of ...
Jeddah’s Islamic Arts Biennale Shows Off a New Saudi Arabia
The lavishly mounted exhibition brings art to the people, especially pilgrims traveling to the faith’s birthplace.