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Be it some congregation of Hajj or you want to see the blessed moments of Umrah now everything is right in front of you.The Council of Ministers approved the amendment of Article 5 of the Law of Real Estate Ownership and Investment by non-Saudis under which listed Saudi companies are exempted from the prohibition of non-Saudis owning real estate within the borders of Makkah and Madinah, according to the official Umm Al-Qura newspaper.- DURecorder Roblox live makkah live, makkah live today now, makkah live 2020 today, makkah live today, makkah live 21 march 2020, makkah live now, makkah l. Watch Makkah and Madina Live is an android application that gives you the privilege to see the most sacred places live on your smart phone. VIDEO WORLD (PVT.) LIMITED Events.
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The new amendment made in the law read as follows: “Companies Listed in the Saudi Stock Exchange, according to controls set by the Capital Market Authority in coordination with the relevant authorities.”The amendment was made following a recommendation by the Council of Economic and Development Affairs and the General Committee for the Council of Ministers and a decision of the Shoura Council. The Cabinet earlier approved the law and a royal decree was issued in this regard on Dec. It is also stipulated that such real estate be invested within five years from its acquirement.The amendment, approved by the Cabinet, included listed companies in the purview of those permissible to own and invest in properties in Makkah.
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