<\/p>\n\n\n\n
The Capital Market Authority emphasized that financial institutions must comply with the system. Non-Saudis own it<\/a> For real estate and its investment when managing the investments of the real estate investment funds located within the boundaries of the cities of Mecca and Medina, or when liquidating those funds.<\/p>\n\n\n\n The authority noted that the decision will contribute to relying on the financial market as a diversified financing channel, as well as strengthening the foundations of the Kingdom\u2019s Vision 2030, which aims to make the Saudi financial market attractive to domestic and foreign investment and capable of playing a pivotal role in developing the economy and diversifying its sources of income.<\/p>\n\n\n\n The Capital Market Authority relies on activating the role Mutual funds<\/a> The Authority hopes that the funds will contribute to financing many vital activities in the economy, such as the real estate and financing sector, the SME sector, as well as other activities such as refinancing operations, within its strategic plan.<\/p>\n\n\n\n A number of investors and operators in the real estate sector emphasized that this decision is a positive step that will contribute to creating more incentives and attracting investors to this type of investment, and will give them more options; this step is not in conflict with the system that allows non-Saudis to own and invest in real estate within the limits of Mecca and Medina.<\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The Capital Market Authority has emphasized to financial institutions the need to comply with the regulations governing non-Saudi ownership and investment in real estate when managing investments by investment funds in real estate located within the boundaries of the cities of Makkah and Madinah, or when liquidating such funds. The Authority noted that the decision will contribute to reliance on the capital market as a diversified financing channel, as well as strengthen the pillars of the Kingdom\u2019s Vision 2030, \u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[7786],"tags":[],"class_list":["post-33780","post","type-post","status-publish","format-standard","hentry","category-mecca-madinah"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","trp-custom-language-flag":"","event-thumbnail":"","event-medium":"","event-large":"","event-hero":""},"author_info":{"info":["\u0627\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"\u0645\u0646\u0637\u0642\u0629 \u0645\u0643\u0629 \u0648\u0627\u0644\u0645\u062f\u064a\u0646\u0629<\/a>","tag_info":"\u0645\u0646\u0637\u0642\u0629 \u0645\u0643\u0629 \u0648\u0627\u0644\u0645\u062f\u064a\u0646\u0629","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/33780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=33780"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/33780\/revisions"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=33780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=33780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=33780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}