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Saudi Arabia Opens Mecca, Medina
Saudi Arabia allows foreigners to invest in firms with property in Mecca, Medina
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 Mecca and Medina, as the Gulf country looks to attract more investment.
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,
Foreigners can now invest in Mecca and Medina's real estate
In a major policy shift, Saudi Arabia has allowed foreign investors to invest in publicly-traded companies owning real estate in the holy cities of Mecca and Medina. Under the new policy, foreigners can purchase shares and convertible debt instruments in companies listed on the Saudi stock exchange.
Saudi Arabia Opens Foreign Property Investments in Holy Cities
Saudi Arabia said it will begin allowing foreigners to invest in publicly-traded companies owning real estate in the holy cities of Makkah and Madinah as the kingdom looks to draw in more overseas investment.
Saudi Arabia allows foreigners to invest in property companies with Mecca, Madina operations
Dubai: Saudi Arabia has announced a significant policy shift by allowing foreigners to invest in real estate companies operating in the Holy Cities of Mecca and Medina. According to Saudi Capital Market Authority (CMA),
7h
on MSN
Do you want a DORA in Medina? City surveys residents and businesses
Designated Outdoor Refreshment Areas, also knows as DORAs, are becoming more and more popular across Northeast Ohio.
16h
Driver cited for suspended license, car is searched for drugs: Medina Police Blotter
A driver was cited for driving under suspension after being pulled over at 9:17 p.m. Jan. 25 for a burned out license plate ...
2d
on MSN
Jennifer Lopez Wears Sparkly Green Gown at Beverly Hills Birthday Dinner for Manager Benny Medina
Jennifer Lopez stepped out in sparkly green dress to celebrate her manager Benny Medina's 67th birthday at Novikov Beverly ...
WJW-TV Cleveland on MSN
9d
Medina man killed in head-on car crash
A man was killed in a head-on two-vehicle crash Saturday, the Ohio State Highway Patrol confirmed. Troopers were called to ...
15h
on MSN
Main Street Medina exploring possibility of DORA
Main Street Medina is taking the first steps to consider implementing a DORA - Designated Outdoor Refreshment Area.
Hometown Source
3d
Medina/Loretto business has first black-owned freight farm in the state
The upcoming month of February is Black History Month, and one local organization in Medina and Loretto is making history for ...
Soap Central on MSN
5d
Love is Blind: Germany Reunion - What happened between Sally and Medina?
Germany's Reunion episode aired on January 19, 2025, on Netflix. Among the couple that got engaged in the social experiment, one couple was, Sally and Medina.
6d
on MSN
'Please report it right away' | Medina County opens local resource for sexual assault exams amid underreporting concerns
Officials say until recently, victims in Medina County had to drive to San Antonio to get a sexual assault exam done.
Hespress on MSN
1d
Traditional craft shops in Tangier's old Medina struggle amid allegations of tourism monopolization
Traditional craft shops in Tangier’s old medina are facing a severe recession, with shop owners blaming monopolization and ...
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