Saudi Arabia to establish world’s first non-profit city

Saudi Arabia to establish world’s first non-profit city

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Founder and Chairman of the Board of Mohammed bin Salman Misk Foundation, has announced the launch of "Prince Mohammed bin Salman Non-Profit City," the first non-profit city in the world, reported Saudi Press Agency (SPA). 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. The Crown Prince said that this will be the first non-profit city of its kind which will contribute to achieving the goals of Mohammed bin Salman Misk Foundation in supporting innovation, entrepreneurship, and qualifying future leaders by defining non-profit work in terms of opportunities and youth training programmes it will provide. The project will also provide services that contribute to creating an attractive environment for all beneficiaries of the city’s offerings, he added. "Prince Mohammed Bin Salman Non-Profit City, which implements the Digital Twin model, will host academies, colleges, 'Misk Schools', a conference centre, a science museum, a creative centre offering a space to support the ambitions of innovators in sciences and new generation technology such as AI, IoT and Robotics," Prince Mohammed stated. He