Saudi Arabia has announced that it will now allow foreign investors to purchase shares and convertible debt instruments in publicly-traded companies owning real estate in the holy cities of Makkah and ...

The agreement will see the introduction of Accor’s premium, midscale, and economy brands across city hotels, serviced ...

Saudi Arabia will allow foreign capital to invest in Islam’s two holiest cities. Foreigners will be able to buy shares (up to 49 per cent) but direct ownership of real estate is excluded. Jordanian ...

Sheikh, Grand Mufti of Saudi Arabia and head of the Council of Senior Scholars, dies at 82, leaving a lasting legacy in ...

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 Makkah and Madina, as the Gulf country ...

Saudi Arabia is currently experiencing a significant shift in weather, with heavy rainfall causing flood-like conditions in several regions. The country’s National Centre for Meteorology (NCM) has ...

Riyadh: When we mention Saudi Arabia, we think of Mecca, Medina and the desert. But now the situation here has changed. Heavy rains have been followed by severe floods. Most parts of Makkah and ...

Sheikh Abdulaziz bin Abdullah bin Mohammed Al Al-Sheikh, the Grand Mufti of Saudi Arabia and Head of the Council of Senior ...

RIYADH: Saudi Arabia has announced a landmark decision allowing foreign investment in listed companies that own real estate within Islam’s holiest cities, Makkah and Madinah. The move, unveiled by the ...