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

The proceeds will be used by the company to fund land settlements, infrastructure, and the activation of the MASAR ...

Economic experts and analysts see the plan by the Umm Al-Qura for Development and Construction Company (Umm Al-Qura) to list ...

Saudi has opened up foreign investment into real estate firms in its holy cities this week, a move that will support ...

The property in the city's Al Naseem district will be part of a larger complex of interconnected towers. Makkah, Saudi Arabia ...

The company said it plans to offer 130.8 million new shares, representing 9.09 percent of its post-increase capital ...

Damascus SANA-Concluding his visit to Saudi Arabia President Ahmad Al-Sharaa thanked the Kingdom and the Saudi people for the ...

Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, following a landmark decision ...

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 Saudi Exchange granted conditional approval on Dec. 8, 2024, while the Capital Market Authority (CMA) approved the ...

Sharaa, met Saudi Crown Prince Mohammed bin Salman in Riyadh on Sunday in his first foreign trip as Syrian leader, in a sign ...

Umm Al Qura was established in 2012, and is backed by major Saudi entities, including the Public Investment Fund of Saudi ...