Economy

Crown Prince Mohammed bin Salman Launches the World's First "Non-Profit City"

Crown Prince Mohammed bin Salman Launches the World's First

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz announced the launch of the Prince Mohammed bin Salman Non-Profit City, the first non-profit city in the world. The city will serve as a model for the development of the non-profit sector globally and will be a hub for many youth and volunteer groups, as well as local and global non-profit organizations. The city will be located in the capital, Riyadh, covering an area of approximately 3.4 square kilometers.

The Crown Prince stated that the city, which adopts the concept of digital twinning, will include various academies and colleges, as well as a conference center, a science museum, and a creativity center to provide a space for innovators in science and technology to realize their ambitions through advanced systems.

Additionally, he mentioned that the city will also work to attract bold capital and investors with community contributions from around the world.

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