Saudi Arabia launches 1st non-profit city
Riyadh
15-November-2021
Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud announced the launch of the first non-profit city.
The city will be built on an area of around 3.4 square kilometres and will support innovation, entrepreneurship and qualifying future leaders by defining non-profit work.
The city that implements the digital twin model, will host academies, colleges, schools, a conference centre, science museum, creative centre offering a space to support the ambitions of innovators in sciences and new generation technology, the Crown Prince said following the launch on Sunday.
In addition, the city will host venture capital firms and investors to support and incubate innovative enterprises to drive community contributions from around the world.
The launch of the city comes days after the announcement of the offering of Saudi nationality to some talented individuals, in order to promote creativity and innovations.-IANS
More Headlines
Five-Time Haryana CM Om Prakash Chautala Passes Away at 89
DMK Plans Protests Across Tamil Nadu Over HM Shah’s Ambedkar Remarks
BJP MP Alleges Rahul Gandhi Pushed Him, LoP Dismisses Claim
Passengers May Face Inconvenience With ‘Rail Roko’ Protest In Punjab
India Reach 8/0 In Chase Of 275 As Bad Light Forces Tea Break
Five-Time Haryana CM Om Prakash Chautala Passes Away at 89
DMK Plans Protests Across Tamil Nadu Over HM Shah’s Ambedkar Remarks
BJP MP Alleges Rahul Gandhi Pushed Him, LoP Dismisses Claim
Passengers May Face Inconvenience With ‘Rail Roko’ Protest In Punjab
India Reach 8/0 In Chase Of 275 As Bad Light Forces Tea Break