iPhone | iPad
Android
Huawei
The health ministry has ensured the safety of 'a very limited number' of people who showed some symptoms of being affected by 'the mixed water'
KT APPDOWNLOAD
Saudi Arabia amends law to boost foreign investment in real estate
The proposed changes aim to increase competition within the sector
Saudi Arabia has amended its investment and real estate laws with the aim of boosting foreign investment in the Kingdom's properties.
The amendments were introduced with the aim of improving regulations related to the ownership or use of real estate by non-Saudis who enjoy a natural and legal capacity, according to local media reports.
The law also embodies the use of properties in economic zones targeted for development, including Makkah and Madinah.
The implementation of the amendments to the law does not affect the right of ownership through inheritance. Further, the amendments are not applicable to royal orders that prevent ownership in some locations, as well as regulations and decisions issued by the Council of Ministers.
ALSO READ:
While announcing the amendments to the law in a statement online, the Saudi Ministry of Investment invited the public to offer feedback about the proposed changes until May 18.
More news from
The evening was a resounding success, boasting delectable cuisine, a lively ambiance, and impeccable service
Reds defeat at Everton extinguishes their last hopes of winning the Premier League
The destination was to originally close on April 28
The cashback is valid until May 12
Both BJP and Congress raised allegations of causing hatred and division based on religion, caste, community, or language
The zoo found international notoriety in 2016 when the singer Cher launched a campaign to remove its shackled Asian elephant Kaavan
It is expected to roll out preventive and proactive strategies, train and qualify specialists, and prepare scientific research and forecasting studies
