23 Hrs
Source:
الاقتصادية
Approval of Non-Saudis' Pathway Ownership
Al-Maqar Development and Reconstruction Company announced the approval of its project "Wajhat Masar" within the areas permitted for non-Saudis to own real estate in Makkah, following approval by the Council of Ministers. This decision contributes to expanding the base of real estate investors and aims to strengthen the real estate market and achieve economic balance. The stock market experienced notable gains, with the "Masar" share hitting the maximum increase, along with rises in shares of other real estate companies.
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