24 Hrs
Source:
صحيفة مكة
GCC Council approves joint property rules
The Saudi Cabinet has approved the unified regulations for joint property owners within the Gulf Cooperation Council countries, aiming to organize the management and rights of property owners in this sector. The council also discussed regional developments, reaffirming Saudi Arabia's solidarity with Kuwait, Bahrain, and Jordan in facing Iranian escalation. Additionally, it addressed the Kingdom’s efforts to achieve sustainable development goals, ensure urban sustainability and quality of life, and its progress in attracting foreign investment—ranked 13th internationally with direct investment rates reaching $32.6 billion in 2025, reflecting a 53% increase in investment flows.
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