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 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 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’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 opens doors to foreign investment in Mecca, Medina real estate; How will it benefit Indians?
Saudi Arabia's market regulator revealed that foreign investors are now permitted to invest in publicly traded companies that own real estate in Mecca and Medina. This initiative is part of the kingdom's strategy to draw international investment and increase liquidity for projects in these prominent religious cities.
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.
The Saudi Arabian Capital Market Authority Allows Foreign Investment in Real Estate in Makkah and Madinah Through Listed Companies
On 27 January 2025, the Saudi Capital Market Authority (“CMA”) approved the ‘Controls for the Exclusion of Companies Listed in the Saudi
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.
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 allows foreigners to invest in listed companies operating in Makkah and Madinah
The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in listed Saudi companies that own real estate in the cities of Makkah and Madinah, effective from Monday,
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 Israel5h
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.