Malek Al Rifai

Malek Al Rifai

King & Spalding

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Saudi Arabia Introduces New Legal Framework for Foreign Ownership of Real Estate

On 14 July 2025, the Council of Ministers of the Kingdom of Saudi Arabia issued Council of Ministers Resolution No. (M/14) approving the issuance of the Law on Real Estate Ownership by Non-Saudis (the “New Law”), which...more

8/4/2025  /  Fees , Foreign Investment , New Legislation , Property Ownership , Real Estate Investments , Real Estate Transfers , Registration Requirement , Regulatory Reform , Regulatory Requirements , Zoning Laws

The Saudi Arabian Capital Market Authority Allows Foreign Investment in Real Estate in Makkah and Madinah Through Listed Companies

On 27 January 2025, the Saudi Capital Market Authority (“CMA”) approved the ‘Controls for the Exclusion of Companies Listed in the Saudi Stock Exchange (Tadawul) from the Meaning of the Phrase (Non-Saudi) in accordance with...more

1/30/2025  /  Capital Markets , Compliance , Financial Markets , Financial Services Industry , Foreign Investment , Investment , Publicly-Traded Companies , Real Estate Investments , Regulatory Requirements , Securities Regulation
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