Kingdom of Saudi Arabia has announced the establishment of the world’s first non-profit city named after its crown prince.
Spread across a total area of roughly 3.4 km, the Prince Mohammed bin Salman Non-Profit City aims to promote non-profit development on an international scale.
As per the administration, the city will serve as a model for others to develop similar infrastructure across the world along with serving as an incubator for youth, volunteer groups and non-profit organisations. Notably, the city is being funded by MiSK Foundation, a non-profit organisation established in 2011.
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