NHC signed a Memorandum of Cooperation with the Ministry of Sports, in line with the 2026 Real Estate Future Forum, with the aim of strengthening joint cooperation in the field of preparing sports facilities and facilities for sports investments, organizing sporting events and sports activities in urban areas in partnership with NHC.
The agreement was signed on the NHC side by Mr. Yazid Al Nafisa, Vice President for Shared Services, and on the side of the Ministry of Sports by Her Excellency Engineer Tamer Basanber, Undersecretary of Sports Facilities at the Ministry of Sports.
The agreement takes place within the framework of supporting investments in the sports sector, contributing to the improvement of the level of the practice of sports activities and the organization of various events, strengthening the use of sports facilities and facilities, creating an integrated urban environment that improves the quality of life and positively reflects the health and well-being of society.
It is noteworthy that the NHC project embodies the company’s vision of developing integrated urban communities based on quality of life, providing multiple housing options within a healthy and sustainable environment, and aligning with the goals of the housing program, which is one of the Saudi Vision 2030 programs, by increasing the home ownership rate to 70%. NHC continues to establish itself as the nation’s largest real estate developer through high-quality projects that express the urban transformation that is being built on the ground.
NHC signed a Memorandum of Cooperation with the Ministry of Sports during the 2026 Real Estate Future Forum, with the aim of strengthening joint cooperation in the field of preparing sports facilities and venues for sports investments, and organizing sports events and activities in urban areas in partnership with NHC.
The agreement was signed on behalf of the NHC by Mr. Yazid Al-Nafisa, Vice President for Shared Services, and on behalf of the Ministry of Sports by Her Excellency Engineer Tamer Basnabel, Deputy Minister for Sports Facilities.
The agreement is part of supporting investments in the sports sector and promoting the use of sports facilities and venues, contributing to the improvement of the level of practice of sports activities and the organization of various events, contributing to the creation of an integrated urban environment that improves the quality of life and positively reflects the health and well-being of the local community.
It is noteworthy that NHC’s projects embody the company’s vision of developing integrated urban communities based on quality of life and providing multiple housing options within a sustainable and healthy environment, in line with the goals of the housing program, which aims to increase home ownership to 70% as one of the programs of Saudi Vision 2030. NHC continues to maintain its position as the country’s largest real estate developer through high-quality projects that reflect the urban transformation being built locally.
