Saudi Arabia has announced a historic move, opening doors for foreign investments in publicly-traded companies that own real estate in the holy cities of Makkah and Madinah. This marks a ...

RIYADH: Saudi Arabia has announced a landmark decision allowing foreign investment in listed companies that own real estate within Islam’s holiest cities, Makkah and Madinah. The move ...

Rua Al Madinah Holding, a unit of Saudi sovereign wealth fund PIF, has signed two contracts as part of its efforts to accelerate the development of its key project - Rua Al Madinah Project.

Saudi Arabia is currently experiencing a significant ... Even the holy cities of Makkah and Madinah, deeply significant to Muslims worldwide, are likely to be impacted by turbulent weather ...