Saudi Arabia Allows Non-Saudis to Invest in Real Estate Funds in Makkah, Madinah

Saudi Arabia Allows Non-Saudis to Invest in Real Estate Funds in Makkah, Madinah

Saudi Arabia’s Capital Market Authority allowed the financial market institutions to accept subscriptions of non-Saudis in the real estate fund; which invests part or all of its assets in a real estate; located within the boundaries of the cities of Makkah and Madinah CMA said in a statement on Monday. The authority stressed the necessity...

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