THE BIG STORY TODAY Archives

Foreign ownership of real estate is now live

CMA allows listed companies and funds to own real estate nationwide

The strategy comes as the sector has long been dominated by health and motor coverage

The book-building period for institutional investors runs between 1-5 February

Sama will no longer accept one-off extension requests, forcing banks to bake these liquidations into a board-approved annual strategy

The National Investment Strategy now aims to raise annual mining capital to SAR 92 bn

New discoveries in the Kingdom’s largest gold mine, Mansourah Massarah, and satellite mines could turn it into a broader regional…

The surge was driven by strong local VC participation and rising international interest

The divestment will see Sabic take on a noncash loss of SAR 18.3 bn in 4Q

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