"The Saudi Real Estate General Authority expects a surge in foreign investments in the sector, following the government's decision to allow foreigners to invest in listed companies that own properties in Mecca and Medina, according to the authority's CEO, Abdullah Al Hamad.  

Al Hamad told Al Sharq that the Saudi real estate sector is attractive to foreign investors due to the facilitation of procedures and legislative amendments introduced to develop the investment environment, numbering 20 legislations in 2024.  

He pointed out that investing in companies operating within Mecca and Medina rep