The decision "Ownership of Foreigners" jumps with the shares of Saudi property companies to the highest level in 6 weeks

The shares of the property companies listed on the Saudi Stock Exchange recovered to the highest level last night, powered by the decision of the Saudi Cabinet, last night to agree to a system that enables foreigners to own real estate in Saudi Arabia. During the contemporary session, the shares of the shares of Saudi solid property management and development companies recorded the highest daily rise in 11 sessions. The Gulf of Ascension performed the shares of “Masar”, “real estate” and “retaliation” businesses with profits between 8% and more than 9%, while the rest of the 14 shares are distributed at different heights. This momentum contributed to reducing the decline in the general index “Tassi” during the session. Accumulated reforms that paved the decision to allow the ownership of foreigners to the property that did not come from a vacuum, but rather the highlight of a series of organizational reforms that Saudi Arabia began over the past year. Earlier this year, foreigners were allowed to invest in companies listed in the Saudi financial market that own real estate within the boundaries of Makkah Al -Mukarramah and Al -Madinah Al -Munawwarah, which was then considered a partial opening. The Kingdom also launched a policy of imposing flexible fees on white countries of up to 10% annually, and the extent of these fees expanded to the first time the vacant real estate, in an effort to break the real estate and edit the home stock, under the largest organizational reform wave since the “Vision 2030”. These steps come in the context of a broader national goal, which will attract a direct foreign investment of $ 100 billion annually by 2030. The flow entered by Saudi Arabia in the first quarter of 2025 recorded about 24 billion Riyals, with an annual increase of 24%. Municipal and Rural Affairs and Housing, Majed Al -Hogail, earlier revealed that the real estate sector has attracted investment since the launch of the vision, and emphasizes that foreign investment in the housing sector is remarkable, amid the entry of foreign and US developers and the development of integrated urban communities. According to the financial analyst in ‘Al Sharq’, Mary Salem, the decision is a ‘strategic turning point’ in the Saudi property market policy. Considering that what happens is “a transition of limited foreigners for foreigners to participate in selected real estate companies, to open the door for property ownership, which increases long -term demand.” Salem believes that the direct sectors are the real estate development, followed by financing and banks, pointing out that banks may find them forced to reconsider real estate financing strategies, and perhaps expand the issues of debt instruments to raise liquidity. I also expected the iron, cement, ceramic and contracting sectors to gradually benefit from this new question. Meanwhile, Mohamed Al -Hamoud, CEO of the ‘Bruce Middle East’ platform, said that the approval of the Saudi Council of Ministers on the new system of non -Saudis ownership of the property is a detailed station in the development of the real estate market, and a qualitative shift to more openness and improved global investment center. He explained that the decision was consistent with the momentum that the sector saw in the demand for housing, offices and hospitality, and that he was sending a strong reassurance message to international investors, as well as confidence in the Saudi Market thanks to the rapid structural reforms. Al -Hamoud pointed out that the decision was not only limited to foreign investment, but also included the segment of residents, which included more than 15.6 million people, most of which could own in the age group. He expected the decision to contribute to the stimulation of real estate financing by motivating banks to develop products dedicated to residents, and emphasized that the system would balance the encouragement of investment and market control by arranging geographical domains and setting special requirements for Mecca and Medina, in preparation for its implementation at the beginning of 2026. 18.6 Riyals in mid -June, before the rise and breach of the 20 Riyals barrier, with 3.8% in today’s session. Technically, its penetration indicates an average of 20 days and the stability above 20 Riyals is the beginning of a wave of Ascension that can lead you to testing the level of 22.4 Riyale at an average of 50 days. Although the relative power index is still below the level of 50, the improvement of the liquidity and the increasing sizes reflects a gradual shift in the appetite of investors, especially with the arrow from the heaviest weight in the sector along with “Makkah Construction” and “Dar Al -Arkan”. “Massar” jumps with double support from the government decision and the Landsmatic abduction of the “mass” side of the lights today with double support from the government decision, and of the company announced the sale of two plots with capital gains of more than 103 million rows. The increase came strong and fast by 8.6%. ‘Makkah Construction’ prepares him to penetrate the levels of resistance resistance to the ‘Makkah’s arrow to create part of his momentum after it ended up from 113 Riyals in March to 81 Riyals in May. Since it closed at 90.35 Riyals and its rise with more than 1%yesterday, the stock is on its way to a resistance level at 95 Riyals. And if it exceeds, the road can open about 98 Riyals to an average of 50 days. The stock trades over an average of 20 days for six sessions, and the relative strength index is still below 50 and moves horizontally, reflecting the investor’s anticipation of the long -term chances. ‘Dar al -Arkan’ … a gradual yield driven by sizes, drawn in the performance of ‘Dar al -Arkan’, is the increase in trade volumes, which exceeded in one of the last sessions more than four times the 20 -day average of 1.6 million shares. The stock started the year at 15.10 Riyals and jumped to 23 Riyals in the middle of the April before moving back to 18 Riyals. But today, he returned to penetrate an average of 50 days at 20.10 Riyals, up 2.2%. If high sizes continue and close this level at the end of the week, it can determine profits of up to 10-12% of the last bottom. This technical analysis came, according to Hisham Al -Aayas, the financial analyst in Al -Sharq, during a meeting with the channel. Is the market the price of foreign demand as a reality? Observers do not look at what happened today as just an immediate refusal of falling stocks, but rather as a sign that the Saudi property market is entering a new stage of growth, driven by external demand and in the midst of the government’s increasing support to open the economy and improve the kingdom’s position as a regional investment center. Did the market start today to praise foreign demand as a real reality and not just such a possibility?