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Saudi Arabia Opens Mecca, Medina
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.
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.
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 to allow foreign investment in Mecca and Medina real estate
Saudi Arabia's market regulator announced on Monday that foreign investors can now invest in listed companies owning real estate in Mecca and Medina. The move is part of the kingdom's efforts to attract global investment and enhance liquidity for projects in these key religious cities.
Saudi Holy Cities to Open to Foreign Property Investors
Why are Saudi doing this? So for a long time, the holy cities were off limits to non-Muslim investors. And in Saudi Arabia, there has been a prohibition on investment by foreigners in those cities to avoid driving up prices too much.
1h
'Hajj had deadly stampedes too': Ex-CEO counters critics slamming UP govt over Maha Kumbh
The CEO's comments come in the wake of a deadly stampede at the Sangam during Mauni Amavasya on Wednesday where millions of ...
اخبار 24
1h
Ministry of Hajj signs MoU with Zain KSA to support Guests of God Service Program
The Ministry of Hajj and Umrah signed a memorandum of understanding (MoU) with Mobile Telecommunication Company Saudi Arabia (Zain KSA) to collaborate ...
10d
on MSN
Saudi govt begins preparation for Hajj to avoid mishap like last year that…, may impose strict rules to…
Riyadh: Saudi Arabia has started preparations for the Hajj to be held in the current year, 2025. Pilgrims from around the ...
The Times of Israel
5d
How Saudi Arabia controls one of the Pillars of Islam
Hajj pilgrimage is one of the Five Pillars of Islam, an essential act of worship that every capable Muslim is obligated to ...
Tempo
1d
Indonesia's Religious Affairs Ministry Completes Saudi Arabia Hajj Service Contract Before February 14
He aims to finalize all Hajj services in Saudi Arabia by February 14, 2025, as the Saudi Arabian government has set February ...
2d
Saudi Arabia Simplifies Umrah Process for GCC Citizens
Saudi Arabia's Ministry of Hajj and Umrah has introduced new measures to simplify Umrah procedures for citizens of Gulf ...
allAfrica.com on MSN
7d
Saudi Arabia sponsors 20 Nigerians for lesser Hajj
It said the initiative highlighted Saudi Arabia’s commitment to supporting Muslims and fostering spiritual connections ...
Tempo
12d
Indonesia Seeks Increased Hajj Companion Quota from Saudi Arabia
Minister of Religious Affairs Nasaruddin Umar said Indonesia has submitted a request for an increase in the quota, ...
The Point
1h
Minister warns agencies against overpricing ahead of 2025 Hajj
He made this statement at a press conference organised by his ministry at the OIC Conference Hall on Monday. “Any agency ...
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