The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud – may God protect him – has approved exempting investors in the Holy Capital and Medina municipalities at a rate of 75% instead of %25 from municipal property rent for one year.
Majid Al-Hogail, Minister of Municipal and Rural Affairs and Housing, said in a tweet on his official Twitter account yesterday, Tuesday, in a tweet stating: “Sincere thanks to the Custodian of the Two Holy Mosques on the occasion of the issuance of the generous approval to exempt investors of the Holy Capital and Madinah Municipalities at a rate of 75% instead of %25 from the municipal property rent for one year, which contributes to alleviating the effects of the pandemic on investors of the two municipalities and the Hajj and Umrah sector.”
