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.
Now foreigners can invest in Saudi firms that own property in Mecca, Madina
Saudi Arabia aims to welcome 30 million pilgrims for Haj and the year-round pilgrimage umrah annually by 2030. In 2019, it earned about $12 billion from the two pilgrimages, according to official data.
Foreigners Can Now Invest in Makkah and Madina
Saudi Arabia’s market regulator announced on Monday that it will permit foreign investment in listed companies owning real estate within Islam’s two
Foreigners allowed to invest in listed firms with property in Makkah, Madina
DUBAI: Saudi Arabia's market regulator has unveiled a plan to allow foreigners to invest in listed companies that own real estate in Makkah and Madina in a bid to boost foreign investment.The
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 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,
U.S. Estate Tax Treaties - Help For Foreigners But Not U.S. Citizens
Estate tax treaties between the U.S. and foreign countries help foreigners with U.S. assets. They do not help U.S. citizens ...
Foreigners are chasing U.S. stocks. Historically, that’s a bad sign.
And they’re buying U.S. stocks like they’re going out of fashion. Ed Yardeni, president of Yardeni Research, crunched the ...
Switzerland footage misrepresented in false posts about foreigners, California fires
As deadly wildfires raged through Los Angeles, California in January 2025, social media users claimed a video showed ...
Foreigners pull out of Asian bonds for a second month in December
Asian debt markets saw foreign outflows in December, for the second month in a row, reversing strong demand from earlier in ...
Hosted on MSN5h
Can Foreigners ACTUALLY Live in this Small Japanese Town?
Discover what it’s like for foreigners to live in Kofu, a small Japanese town. From community dynamics to cultural adaptation ...
Al Jazeera on MSN2d
Spain plans 100% house tax on foreigners: Will it fix the housing crisis?
Socialist PM Sanchez announces several measures, including 100 percent tax on foreigners, to tackle the housing crisis.
Foreigners in Spain facing a 100% tax on homes as the country battles a housing crisis
As Spain continues dealing with a nationwide housing crisis, its government has proposed an unconventional fix to the problem ...