Who can buy property in Saudi Arabia? Foreigners can buy real estate in Saudi Arabia ... Ownership in the holy cities of Mecca and Medina is prohibited for all foreigners. Foreign companies, however, ...

In 2017, the Kingdom incurred a budget deficit estimated at 8.3% of GDP, which was financed by bond sales ... that Saudi Arabia intends to list shares of its state-owned petroleum company, ARAMCO ...

Fractional property ... in Saudi Arabia, JLL KSA said in its half-year report. Year-on-year sales prices in Riyadh and Jeddah have jumped by 10 percent and 5 percent respectively, while rental ...

IHG Hotels & Resorts has expanded its presence in Saudi Arabia with the signing of a new Hotel Indigo property in Al Khobar. The company reached a management agreement with Refad Real Estate ...