Saudi Arabia allows foreigners to invest in companies with goods in Makkah, Madina Blogging Sole

Saudi Arabia allows foreigners to invest in companies with goods in Makkah, Madina

 Blogging Sole

A satellite image shows an overview of the Great Mosque during the annual pilgrimage of the Hajj, in Makkah, Saudi Arabia, June 16, 2024. – Reuters Foreign investment must be limited to stocks, explains CMA. Non-Saudis will not be allowed to hold more than 49% of the shares. The market regulator allowed foreign investments in … Read more

New customs regulations paralyze the transport of goods Blogging Sole

New customs regulations paralyze the transport of goods

 Blogging Sole

A representative image of containers stored at a facility. — AFP/file Industry demands review of convoy rules to save trade. Tracker costs are increasing and delays are disrupting on-time deliveries of goods. New customs rules described as “tedious and impractical”. KARACHI: The movement of bonded goods from Pakistan ports has almost come to a halt … Read more