August 3, 2025

Saudi Arbia

Business World

Saudi Arabia Emerges as Global Leader in International Tourism Revenue Growth for Q1 2025

Saudi Arabia has claimed the top spot globally for growth in international tourism revenues during the first quarter of 2025 compared to the same period in 2019, as reported in the UN Tourism Barometer released in May 2025 . The Kingdom recorded a staggering 102% increase in visitor numbers over the four-year span—vastly defeating the

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World

Saudi Arabia to Open Property Ownership in Makkah and Madinah to Foreigners from 2026

Riyadh, July 9, 2025 — In a historic shift poised to redefine the Kingdom’s real estate landscape, the Saudi Arabian government has approved a policy allowing foreign nationals and companies to own property—including in the holy cities of Makkah and Madinah—starting January 2026. The decision was reached during a Cabinet meeting chaired by Crown Prince

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