Mohammed Bin Salman Nonprofit City

What Mohammed Bin Salman Nonprofit City does

Mohammed Bin Salman Nonprofit City (Misk City) is a nonprofit urban development project located in Riyadh, Saudi Arabia, spanning a 3.4-square-kilometer site. The project is backed by a SAR20.4 billion ($5.4 billion) commitment from the Misk Foundation, a nonprofit foundation established by Crown Prince Mohammed bin Salman, and is positioned as a first-of-its-kind integrated environment for Saudi youth and young professionals covering education, skill development, entrepreneurship, and cultural activities.

Operationally, Misk City is a physical infrastructure and real estate development rather than a technology or software platform. Its core product consists of facilities currently under construction, including a hotel, the Misk Art studio building, the Misk Foundation headquarters, and additional planned buildings. Construction milestones reported in the input data include completion of the first hotel basement and topping out of the Misk Art studio, with work advancing on the Misk Foundation headquarters.

The business model is grant-funded philanthropy rather than commercial revenue generation: the Misk Foundation is the sole disclosed financial partner, pricing is explicitly stated as not applicable, and no paying customers, distribution channels, or go-to-market motion are present. Sami bin Jasser Al Jasser was appointed CEO in March 2026, and the organization operates with 51–100 employees consistent with a buildout-phase operating team. Because the entity is pre-revenue and policy-aligned, financial performance is best measured by capital committed and construction milestones delivered rather than revenue or ARR.

Name

Mohammed Bin Salman Nonprofit City

Legal name

Mohammed Bin Salman Nonprofit City

Website

https://miskcity.sa

Company type

Private

Founded year

2026

Operating status

Operating

Headcount range

51–100 employees

Short description

Misk City (Mohammed Bin Salman Nonprofit City) is a Riyadh-based nonprofit urban development spanning 3.4 square kilometers, backed by the Misk Foundation with SAR20.4 billion ($5.4 billion). It serves Saudi youth and young professionals through integrated facilities for education, skill development, entrepreneurship, and cultural activities.

Ownership category

akta.pro rank

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Marketing or Sales, Others

Core offering

Mohammed Bin Salman Nonprofit City (Misk City) is a 3.4 square kilometer nonprofit urban development in Riyadh, Saudi Arabia, that delivers integrated youth education, skill development, entrepreneurship support, and cultural programming through purpose-built facilities including a hotel, the Misk Art studio, and the Misk Foundation headquarters (under construction). The project is funded by SAR20.4 billion (approximately $5.4 billion) from the Misk Foundation and targets Saudi youth and young professionals as its primary beneficiaries.

Product overview

Mohammed Bin Salman Nonprofit City (Misk City) is a nonprofit city development project—a physical real estate and infrastructure initiative rather than a technology product or software platform. The project encompasses multiple facilities including a hotel, Misk Art studio building, and Misk Foundation headquarters, all under construction in Riyadh, Saudi Arabia.

Differentiator

Problem solved

Functional benefit

Products and services

• Misk City Youth Education and Skill Development Programs Nonprofit educational and skill-development programs targeted at Saudi youth and young professionals, delivered on-site at the Misk City district and funded by the Misk Foundation.
• Misk City Entrepreneurship and Innovation Programs Nonprofit entrepreneurship and innovation programs for aspiring Saudi entrepreneurs, providing access to programming, mentorship, and facilities within the integrated Misk City district.
• Misk Art Studio Cultural Programming Cultural and arts programming delivered through the Misk Art studio facility within the Misk City district, targeted at Saudi youth and creative professionals.
• Misk City Hotel and Hospitality Facilities Hospitality and accommodation facilities serving program participants, visitors, and district events within the 3.4 sq km Misk City development.
• Misk Foundation Headquarters (under construction) Institutional headquarters facility for the Misk Foundation within the Misk City district, currently under construction.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• NEOM: Saudi Arabia's flagship giga-project spanning multiple cities and developments. Comparable as a large-scale, state-backed Saudi development initiative with massive capital commitments and youth/economic-diversification goals.
• Qiddiya Investment Company: Saudi entertainment and cultural mega-development near Riyadh. Comparable as a Crown Prince-backed Saudi giga-project targeting youth, culture, and education-related programming on a large land area.
• King Abdullah Economic City (KAEC): A large-scale planned city in Saudi Arabia developed through a special economic zone framework. Comparable as a Saudi mega-city development with phased infrastructure build-out and government-linked sponsorship.

Broad incumbents

• Roshn: Saudi Arabia's largest residential real estate developer, PIF-backed. Comparable as a large-scale Saudi real estate developer building integrated communities, though focused on residential rather than nonprofit/education.
• Red Sea Global (RSG): Saudi tourism-focused mega-development backed by the Public Investment Fund. Comparable as another large Saudi Vision 2030–aligned development project with comparable capital scale and government sponsorship.
• Masdar City: Abu Dhabi's planned sustainable city. Comparable as a master-planned city development in the Gulf with institutional/government backing and a focus on innovation, education, and clean-tech tenants.
• Misk Foundation: The parent foundation funding Misk City. Comparable as the institutional sponsor of youth skills, education, and entrepreneurship programs — the operating ecosystem that will populate the nonprofit city.

Regional players

• Knowledge Economic City (KEC): Saudi planned city focused on knowledge-based industries and education. Comparable as a Saudi master-planned development with education and human-capital development objectives.
• Lusail City: Qatar's flagship planned city developed by Qatari Diar. Comparable as a Gulf-region master-planned city with mixed-use education, cultural, and sports infrastructure on a large footprint.

Others

• King Abdulaziz City for Science and Technology (KACST): Saudi government R&D and technology institution with its own dedicated city campus in Riyadh. Comparable as a Riyadh-based institutional 'city' focused on talent, research, and innovation.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/miskcity_ksa
• LinkedInlinkedin.com/company/miskcity-ksa

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mohammed Bin Salman Nonprofit City