Mohammed Bin Salman Nonprofit City Explained

Mohammed Bin Salman Nonprofit City
Image Blank Emblem:250px
Native Name Lang:ar
Pushpin Map:Saudi Arabia#Asia
Coordinates:24.6984°N 46.5859°W
Demographics1 Info1:Arabic
Demographics1 Title1:Official
Demographics Type1:Language
Founder:Mohammed bin Salman
Native Name:مدينة محمد بن سلمان غير الربحية
Subdivision Name2:Riyadh
Subdivision Type2:City
Subdivision Name:Saudi Arabia
Subdivision Type:Country
Settlement Type:District
Named For:Mohammed bin Salman
Leader Title1:CEO
Leader Name1:David Henry[1]
Leader Title2:Chairman
Leader Name2:Ghassan Alshibl
Established Title:Established
Area Total Km2:3.4
Timezone1:Arabian Standard Time
Utc Offset1:+03:00

Mohammed Bin Salman Nonprofit City, is a 840-acre planned real estate development in the Irqah neighborhood of northwestern Riyadh, Saudi Arabia, located in close proximity to the Wadi Hanifa.[2] Announced in November 2021 by the MiSK Foundation,[3] [4] [5] [6] it is named after Saudi crown prince Mohammed bin Salman and is slated to be the world's first 'non-profit city'. It will include academic institutions, a conference center, a science museum, a creative center and art gallery and an integrated residential complex.

Overview

Mohammed Bin Salman Nonprofit City was first unveiled by MiSK Foundation in November 2021 as the world's first planned nonprofit city. Its details of the masterplan were released by MiSK Foundation in March 2022.[7] In April 2022, Saudi-based Manga Productions announced moving its main offices to the district and David Henry was appointed as the chief executive officer for Mohammed Bin Salman Nonprofit City.[8] [9]

In June 2022, an Australian architectural firm, Conrad Gargett, was awarded the contract to design the new headquarters for MiSK Foundation that will be located in the area.[10]

In July 2022, Prince Mohammed Bin Salman Nonprofit City announced the establishment of al-Mishraq commercial residential central zone.[11] In August 2022, Prince Mohammed Bin Salman Nonprofit City signed an agreement with the Saudi-based muvi Cinemas to open a cinema hall al-Mishraq.[12]

In September 2022, it signed a memorandum of understanding with the country's Ministry of Culture's Fashion Commission to empower the nation's fashion and lifestyle sector.[13]

On 20 May 2023, Sara bint Mashour, MBS's wife, officially launched Ilmi technology and science centre. The project is expected to be inaugurated by 2025.[14] A $478 million contract was awarded to Dubai-based Alec Engineering and Contracting with AtkinsRéalis and WSP as project consultants. The contract includes the construction of a 27,000 m2 educational centre.[15]

In April 2024, Bill & Melinda Gates Foundation announced the opening of its first regional office in partnership with Misk Foundation in Mohammed Bin Salman Nonprofit City. The announcement was made during the World Economic Forum special meeting held in Riyadh, Saudi Arabia.[16]

See also

Notes and References

  1. News: . 2022-04-24 . David Henry is named CEO of the Prince Mohammed Bin Salman Nonprofit City . Arab News . 2024-02-09.
  2. Web site: Oxborrow . Ian . 2022-08-17 . Saudi megaprojects 2022: from The Line at Neom to the Red Sea Project . 2023-06-03 . The National . en.
  3. Web site: 2021-11-14 . Saudi crown prince announces world's first non-profit city . 2023-06-03 . Arab News . en.
  4. Web site: 2021-11-14 . Saudi Crown Prince announces establishment of first 'non-profit city in the world' . 2023-06-03 . Al Arabiya English . en.
  5. Web site: Khurana . Manpriya . 2021-11-16 . World's first non-profit city launched in Riyadh; many next-level cities in pipeline globally [what to expect] ]. 2023-06-03 . www.ibtimes.co.in . en.
  6. Web site: Nihal . Mariam . 2021-11-14 . Saudi Arabia unveils 'Prince Mohammed bin Salman Non Profit City' . 2023-06-03 . The National . en.
  7. Web site: National . The . 2022-03-06 . Saudi Arabia reveals plans for Prince Mohammed bin Salman Nonprofit City . 2023-06-10 . The National . en.
  8. Web site: David Henry is named CEO of the Prince Mohammed Bin Salman Nonprofit City . 2023-06-03 . Arab News . en.
  9. Web site: 2022-07-18 . Prince Mohammed Bin Salman Nonprofit City to host headquarters of Manga Productions . 2023-06-10 . Al Arabiya English . en.
  10. Web site: 21 June 2022 . Australian architect designs headquarters for 'world-first nonprofit city' . 11 June 2023 . architectureau.com.
  11. Web site: 2022-07-27 . Prince Mohammed bin Salman Nonprofit City announces Al Mishraq new central zone . 2023-06-10 . Arab News . en.
  12. Web site: Release . Press . Prince Mohammed Bin Salman Nonprofit City signs agreement with muvi Cinemas for new cinema experience . 2023-06-10 . www.zawya.com . en.
  13. Web site: Release . Press . Prince Mohammed Bin Salman Nonprofit City and The Ministry of Culture's Fashion Commission sign MoU . 2023-06-10 . www.zawya.com . en.
  14. News: . 2023-03-20 . HRH Princess Sara Bint Mashhour Bin Abdulaziz Al Saud, wife of HRH Crown Prince, Launches New Science and Technology Initiative "ilmi" to Ignite Scientific Curiosity and Develop Skills in Saudi Arabia . Ilmi . 2024-02-09.
  15. News: Iqbal . Yasir . Saudi Arabia's Misk awards Ilmi Centre contract . MEED . 2024-02-09.
  16. News: . 2024-04-28 . Gates Foundation to open first regional office in Mohammed Bin Salman Non-Profit City . Saudi Gazette . 2024-04-29.