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. The decision "aims to ...

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 ...

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.