Saudi Arabia Approves Rules for Foreign Property Ownership

Saudi Arabia has completed the regulatory framework for foreign ownership of real estate after the Council of Ministers approved the executive regulations governing property ownership by non-Saudis, a move designed to attract international capital, deepen the property market and support the Kingdom’s long-term economic diversification agenda. The decision represents the final stage in implementing the […] The post Saudi Arabia Approves Rules for Foreign Property Ownership appeared first on The Middle East Observer.