- Source: Mohammed Bin Salman Nonprofit City
Mohammed Bin Salman Nonprofit City (Arabic: مدينة محمد بن سلمان غير الربحية) or for short (MISK City) or (MBS 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. Announced in November 2021 by the MiSK Foundation, 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. 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.
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.
In July 2022, Prince Mohammed Bin Salman Nonprofit City announced the establishment of al-Mishraq commercial residential central zone. 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.
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.
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. 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.
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.
See also
List of Saudi Vision 2030 Projects