Saudi Arabia: Foreign investment in real estate in Mecca and Medina will be allowed
Mohammed El-Quwaiz, chairman of the board of directors of the Saudi Capital Markets Authority (CMA), said the agency intends to allow non-Saudis to invest for the first time in the cities of Mecca and Medina, a listed company that owns real estate in the Holy Land, according to local media reports. This year, the institution…