Saudi Arabia approves rules expanding foreign real estate ownership
Saudi Arabia approves rules expanding foreign real estate ownership

Saudi Arabias Cabinet has approved executive regulations governing real estate ownership by non-Saudis, further opening the Kingdoms property market to foreign investors and businesses. The Council of Ministers on Tuesday endorsed the executive regulations of the Law of Real Estate Ownership by...

Govt loses control over abandoned state properties in capital
Govt loses control over abandoned state properties in capital

At least 123 valuable abandoned houses in the capital have remained under illegal occupation by influential syndicates for years, despite being taken under state control after the 1971 Liberation War. Sources said a section of politically influential individuals, businesspeople and government...