A New Era of Investment: Foreign Capital Flows into Mecca and Medina

Read Real Estate & Property General Updates

Date: 31st Jan, 2025 Source: In-House Country: Turkey

Brief

"On January 31, 2025, the Ministry of Trade issued an update regarding Saudi Arabia Allows Foreigners to Invest in Companies with Real Estate in Mecca and Medina. This step allows foreigners to invest in publicly traded companies owning real estate in Islam's holiest sites, providing a new revenue stream for the country."

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A New Era of Investment: Foreign Capital Flows into Mecca and Medina

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A New Era of Investment: Foreign Capital Flows into Mecca and Medina

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