Riyadh (Saudi Arabia) (AFP) – 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.

Mecca receives millions of Muslim pilgrims each year but the city is undergoing massive development aimed at drawing more — Sameer Al-DOUMY Saudi Arabia on Monday said foreigners are from now on ...

In 2021, it allowed non-Saudis to subscribe to real estate funds investing within the boundaries of Mecca and Medina. Middle Eastcategory Israeli military blows up buildings in West Bank refugee ...