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Saudi Arabia set to allow foreign investments in real estate of companies in Makkah and Madinah

Mohammed Elkuwaiz, chairman of the Board of Directors of the Saudi Capital Market Authority (CMA), said that the authority intends to allow non-Saudis to invest for the first time in listed companies that own real estate in the holy cities of Makkah and Madinah

Saudi Arabia Plans to Unveil Over 500,000 New Homes by 2030

Saudi Arabia plans to introduce more than half a million new housing units by 2030, following recent legal changes that restructured the real estate sector. Over 15 supportive laws were enacted in the past five years to boost transparency and improve the investment climate. Majid Al-Hogail, the Minister of Municipal and Rural Affairs and Housing, shared this information at the opening of the third edition of the Real Estate Future Forum in Riyadh on Monday.

KSA Business: Construction, real estate adds 23 5pc to Saudi non-oil GDP

Saudi housing sector on track to achieving Vision 2030 goals: top official

Saudi housing sector on track to achieving Vision 2030 goals: top official
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Saudi Arabia s real estate sector witnessing significant developments, says top official

Saudi Arabia s real estate sector witnessing significant developments, says top official
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