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. It said foreign investment "in ...

Prince Khaled Al-Faisal, Emir of Mecca and advisor to the King ... development of key projects to achieve the Kingdom’s Vision 2030. The city, which will be constructed on an area of 2,450 ...

Umm Al Qura for Development and Construction has announced plans to launch an initial public offering on the Saudi Exchange, aiming to raise capi ...

Mecca already receives millions of Muslim pilgrims each year but the city is undergoing massive development aimed at drawing 30 million faithful by 2030. A project dubbed Masar, financed by the ...