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 ...

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

Asheikh, Saudi Arabia’s Grand Mufti since 1999, served as a loyal state cleric until his death was announced on Tuesday.

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 ...

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 ...

Saudi Arabia now allows foreigners to invest in listed companies that own real estate in Makkah and Madinah. The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to ...

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 ...

The Saudi Capital Market Authority (CMA) on Monday announced that foreigners can invest in Saudi-listed companies that own real estate in Makkah and Madinah. The decision is expected to increase ...

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

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

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 ...