Mecca receives millions of Muslim pilgrims each year but the city is undergoing massive development aimed at drawing more — ...

investing within the boundaries of Islam’s two holiest sites of Mecca and Medina in 2021. Meanwhile, Saudi Arabia has introduced sweeping reforms to investment laws and loosened foreign ...

DUBAI, Jan 27 (Reuters) - Saudi Arabia's market regulator said on Monday it would allow foreign investment in listed ...

Saudi Arabia is set to begin allowing non-Saudis to invest in publicly-traded companies that own real estate in Mecca and Medina. According to a statement from the Capital Market Authority ...

Foreign investors will have access to limited shares of companies listed on the Saudi capital market, convertible debt instruments or both, the Saudi Capital Markets Authority said in a statement.

The Masar project, funded by the kingdom’s Public Investment Fund, plans to add 40,000 new hotel rooms in Mecca. Saudi Arabia on Monday said foreigners are from now on allowed to invest in Saudi ...