Latest news with #MohammedbinSalehAlbuty
Leaders
16-05-2025
- Business
- Leaders
NHC Signs MoU with K. Hovnanian ME to Develop Urban Projects
The National Housing Company (NHC) has entered into a memorandum of understanding (MoU) with K. Hovnanian ME to jointly develop a range of residential and commercial projects across NHC's urban developments. The agreement was signed during the Saudi-US Investment Forum in Riyadh. The Memorandum of Understanding was signed by NHC CEO Mohammed bin Saleh Albuty and Tyler Lewis of K. Hovnanian ME. Additionally, this partnership stems from an official visit to the United States by Minister of Municipal and Rural Affairs and Housing Majed Al-Hogail, highlighting the strengthening investment relations and growing collaboration between the two countries. The MoU is designed to strengthen cooperation, attract foreign investment, and ensure the delivery of high-quality, internationally benchmarked real estate developments. It also supports the objectives of the Housing Program under Saudi Vision 2030 by offering integrated housing solutions aimed at enhancing residents' quality of life. Hovnanian, one of the largest real estate developers in the United States, brings extensive experience in creating residential communities. Related Topics : KSrelief Supervisor-General Meets UNHCR Deputy High Commissioner NHC Establishes Innovative Tech Firm to Transform Real Estate Saudi Health Minister Signs MoU with Chinese Counterpart to Enhance Collaboration Global Logistics Forum 2024 in Riyadh: Reshaping Global Trade Map Short link : Post Views: 13 Related Stories
Leaders
27-01-2025
- Business
- Leaders
NHC Establishes Innovative Tech Firm to Transform Real Estate
The National Housing Company (NHC) has unveiled its latest venture, NHC Innovation, a cutting-edge technology company designed to deliver advanced solutions for the real estate and municipal sectors. This initiative underscores NHC's commitment to driving innovation, meeting evolving market needs, and enhancing its leadership in the industry. Additionally, the launch of NHC Innovation aims to strengthen the company's market position while fostering a culture of technological advancement and sustainability. Mohammed bin Saleh Albuty, CEO of NHC, highlighted that NHC Innovation will serve as the company's technological powerhouse, utilizing state-of-the-art technologies and industry best practices to create innovative solutions. Moreover, these efforts are geared toward enabling sustainable growth and unlocking new opportunities for partners and customers alike. 'This strategic step represents a major leap forward in delivering technological solutions that align with the aspirations of all stakeholders, driving excellence and competitiveness in the real estate and municipal sectors,' Albuty emphasized. NHC Innovation is set to develop and manage over 400 services for digital real estate platforms, catering to more than 19 million users. The company will also focus on accelerating digital transformation in real estate and municipal services, ensuring that individuals and businesses have access to cutting-edge solutions that meet market demands. Finally, NHC Innovation aims to reinforce the Kingdom's position as a global leader and enhance its competitiveness in the technology sector. Related Topics : NHC Announces Availability of Registering Interest in MORJANAProject Saudi NHC Reports Sales Exceeding SAR 13bn in H1 2024 NHC, Chinese CITIC to Establish Industrial City, Logistics Zones in Saudi Arabia Saudi Fund for Development Collaborates with Italy's CDP Short link : Post Views: 5
Arabian Business
27-01-2025
- Business
- Arabian Business
Saudi real estate: National Housing Company launches tech firm to boost property investment
The National Housing Company (NHC) has announced the launch of NHC Innovation, a specialised technology company. This move reflects its dedication to providing innovative real estate and municipal solutions while pioneering new technologies to meet market demands. Saudi real estate investment It aims to bolster its market presence and foster a culture of innovation within the real estate and municipal sectors. NHC CEO Mohammed bin Saleh Albuty stated that NHC Innovation will function as an innovative technological arm, leveraging the latest technologies and industry best practices to develop inventive solutions that drive sustainable growth and unlock new avenues of success for all partners and customers. He said: 'This strategic expansion marks a significant leap towards offering technological solutions that align with everyone's aspirations, promoting excellence and competitiveness in the real estate and municipal sphere. NHC Innovation is dedicated to developing and operating over 400 services for digital real estate platforms, serving more than 19m users. The company focuses on providing advanced solutions for digital transformation in the real estate and municipal sectors, ensuring individuals and businesses can access innovative services that meet market demands while prioritising sustainability and technological advancement.
