Saudi Arabia on Monday said foreigners are from now on allowed to invest in Saudi-listed companies that own property in Mecca and Medina, Islam's two holiest cities.

Rabiah's direction, the Saudi Arabian Ministry of Hajj and Umrah has undergone a revolutionary change. Epitomizing Saudi Arabia's great dedication to its responsibility as the guardian of the Two Holy ...

Saudi Arabia's decision will now allow foreign nationals to invest in firms whose revenues rely on the Islamic pilgrimage of ...