logo
NHC Signs Strategic Deals, Agreements Worth SAR 30 Billion at Real Estate Future Forum 2025

NHC Signs Strategic Deals, Agreements Worth SAR 30 Billion at Real Estate Future Forum 2025

Riyadh: The National Housing Company (NHC) of Saudi Arabia has signed a series of agreements, deals, and memoranda of understanding (MoUs) with government entities and private sector companies, totaling nearly SAR 30 billion, at the Real Estate Forum 2025.
According to Bahrain News Agency, the forum also marked the announcement of the Logistics City project in Khuzam Destination, a partnership involving NHC, CETC China Construction, and Alrawaf Contracting. This initiative aims to enhance the efficiency of supply chains in the real estate sector, strengthen the national economy, and support future real estate development projects.
To foster human resource development, NHC signed a MoU with the Saudi Media Academy to collaborate on training initiatives. This partnership includes providing specialized programs aimed at qualifying and developing the national workforce.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

HONOR 400 Series Pre-Order Begins with Exclusive Offers for Early Buyers
HONOR 400 Series Pre-Order Begins with Exclusive Offers for Early Buyers

Syyaha

time27-05-2025

  • Syyaha

HONOR 400 Series Pre-Order Begins with Exclusive Offers for Early Buyers

(Riyadh-KSA, 27 May 2025) HONOR, a global leading AI device ecosystem company has officially announced the start of pre-orders for the highly anticipated HONOR 400 Series, which includes the HONOR 400 and HONOR 400 Pro. After a successful launch event in the MEA region themed 'HONOR AI Wonderverse,' which beautifully combined Arabic style with futuristic innovation to reflect a mix of tradition and the future. The event received positive feedback from the media, well-known influencers like Faisal Al Said and Amro Maskoon, and early users, who all enjoyed the innovative features on HONOR 400 Series and the launch event itself. With its powerful AI Camera, smart AI Creative Editor, strong performance, improved durability, and standout design, the HONOR 400 Series is ready to change the way people experience smartphones. Showcasing an elegant design inspired by nature, the HONOR 400 is available for pre-order in Midnight Black, Meteor Silver and Desert Gold at a price starting from SAR 1499. Upon pre-order, users will get free gifts worth SAR 817 including HONOR CHOICE Watch, Customized Phone Protective Cover and HONOR Care+ Service including 180 Days Replacement Without Repair, 1 Year Screen insurance, and 1 Year Back Cover insurance & more. The HONOR 400 Pro is available for pre-order in three colorways Midnight Black, and Lunar Grey at a price of SAR 2699. Upon pre-order, users will get free gifts worth SAR 1516 including HONOR Clip Earbuds, HONOR CHOICE Watch, Customized Phone Protective Cover and HONOR Care+ Service including 180 Days Replacement Without Repair, 1 Year Screen insurance, and 1 Year Back Cover insurance & more. Users can pre-order from HONOR Online Store, HONOR Experience Store, Jarir Bookstore, Extra, STC and other retail stores. Ground-breaking AI Photography with 200MP AI Camera The HONOR 400 Series sets a new standard for mobile photography with its 200MP Ultra-Clear AI Camera System, powered by the AI Honor Image Engine. The AI Super Zoom delivers up to 50x zoom on the HONOR 400 Pro and 30x on the HONOR 400, capturing distant subjects – such as a bird in flight or a city skyline – with remarkable detail. The AI Portrait Snap keeps moving subjects in focus with natural background blur. Industry-leading AI Editing Suite with AI Creative Editor The AI Creative Editor empowers users to elevate their visual storytelling with a suite of innovative tools. The AI Image to Video feature turns static photos into dynamic 5-second videos in just one minute. This feature brings still images to life in MP4 or Moving Photo Formats (16:9 or 9:16), offering endless creative possibilities. Solving the problem of crowded backgrounds, the AI Erase Passers-by intelligently removes unwanted people from crowded scenes with a single click—no need to manually circle and erase each individual one by one. It seamlessly blends the background to highlight the main subject. Meanwhile, the AI Upscale enhances low-resolution or vintage photos by sharpening details, bringing new life to treasured memories. It also features innovative and creative AI-powered editing tools such as AI Eyes Open, AI Remove Reflection, AI Cutout, Moving Photo Collage, and AI Outpainting, empowering users to edit their images their way and unleash their creativity. Intelligent and Personalized Experience with AI-Powered MagicOS 9.0 HONOR 400 Series offers a smarter and more seamless user interface with MagicOS 9.0, based on Android 15. It introduces AI-powered features like AI Subtitles, providing real-time speech-to-text conversion for videos or recordings. Additionally, HONOR Connect simplifies syncing and transferring data between devices, even across different operating systems, such as from iOS to Android and vice versa. Meanwhile, the AI Translation breaks down language barriers with Real-Time and Face-to-Face modes, making multilingual conversations effortless Furthermore, MagicOS 9.0 offers a wide array of flagship-level AI innovations, including AI Magic Portal 2.0, AI Deepfake Detection, and much more. This intelligent operating system enables users to seamlessly streamline their daily lives' tasks at work and leisure across activities with ease. Outstanding Performance and Durability Besides the AI features, HONOR has equipped the devices with premium hardware for a smooth and lightning-fast experience. The HONOR 400 Series is powered by a 6000mAh battery, with the Pro version further enhanced by 100W HONOR SuperCharge. In terms of durability, the series boasts Water and Dust Resistance certification, while the Pro version is upgraded with IP68 and IP69 ratings, offering extra protection. Whether you're passionate about photography, love crafting creative stories, or need a device to boost productivity on the move, the HONOR 400 Series delivers exceptional performance and innovation for every user.

Saudi NHC launches premium real estate projects in Tabuk
Saudi NHC launches premium real estate projects in Tabuk

Trade Arabia

time22-05-2025

  • Trade Arabia

Saudi NHC launches premium real estate projects in Tabuk

Saudi National Housing Company (NHC) has announced the signing of key agreements with leading developers for the launch of Tabuk Hills as well as the second phase of Tabuk Valley, the newest urban destinations in the Kingdom of Saudi Arabia. It was launched by Tabuk Region Governor Prince Fahd bin Sultan bin Abdulaziz in the presence of senior Saudi officials. The event, held in the presence of Deputy Governor Prince Khalid bin Saud bin Abdullah bin Faisal bin Abdulaziz and NHC Chief Executive Mohammed Al Buty, witnessed the signing of six real-estate development agreements for several projects in the new destinations, said the company in a statement. The step embodies the partnership between the public and private sectors in supporting the goals of the Housing Program, one of the programs of Saudi Vision 2030, which aims to raise the rate of home ownership to 70%, it added. -TradeArabia News Service

Saudi National Housing Company signs deal with K Hovnanian ME
Saudi National Housing Company signs deal with K Hovnanian ME

Trade Arabia

time18-05-2025

  • Trade Arabia

Saudi National Housing Company signs deal with K Hovnanian ME

Saudi Arabia's National Housing Company (NHC) has signed a memorandum of understanding (MoU) with K Hovnanian ME, a subsidiary of a leading national homebuilder across the US, to develop several residential and commercial projects within its urban destinations. The MoU was signed on the sidelines of the Saudi-US Investment Forum held in Riyadh last week. The MoU was signed by NHC CEO Mohammed bin Saleh Albuty and Tyler Lewis from K Hovnanian ME. It builds on the official visit to the US by Minister of Municipalities and Housing Majed Al-Hogail, reflecting the ongoing cooperation and development of investment partnerships between the two sides, said a Saudi Press Agency report. The MoU aims to enhance collaboration between the two parties, attract investment, and develop residential and commercial projects to international standards within NHC destinations. It contributes to the Housing Program, part of Saudi Vision 2030, by providing integrated housing solutions that improve quality of life. K Hovnanian is one of the largest real estate development companies in the US, with expertise in building residential communities.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store