Saudi Arabia approves digital ID to allow foreigners to own property ahead of 2026 law
Saturday, 16 August 2025 () Saudi Arabia has approved the use of digital IDs for non-resident foreigners to own property, ahead of a new real estate law taking effect in January 2026. The law enables broader foreign ownership, including by individuals, companies, and non-profits, while imposing specific restrictions and penalties. Ownership in Makkah and Madinah remains limited to Muslim individuals under strict conditions.
In a striking display of diplomatic unity, Saudi Foreign Minister Faisal bin Farhan declared that Riyadh welcomes Russiaβs role in Middle Eastern affairs during a high-profile press conference with..
Saturday, 16 August 2025 ()
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