‎Crown Prince announces establishment of world’s first non-profit city in Riyadh

‎Crown Prince announces establishment of world’s first non-profit city in Riyadh



Crown Prince Mohammed bin Salman, the Founder and Chairman of the Board of Mohammed bin Salman Misk Foundation, announced the establishment of the the world’s first non-profit city in Riyadh.





The city will be a model for the development of the non-profit sector globally and an incubator for youth and volunteer groups as well as local and international non-profit institutions, Saudi Press Agency reported.




“This will be the first non-profit city of its kind which will contribute to achieving the goals of Misk Foundation in supporting innovation, entrepreneurship and qualifying future leaders by defining non-profit work in its internal operational concept and in terms of opportunities and youth training programs,”the Crown Prince said.





"The project will provide services that contribute to creating an attractive environment for all beneficiaries of the city’s offerings," he added.