Saudi Arabia is looking to boost real estate investment after launching a technology firm to develop 400 digital real estate services.
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.
This supports the Saudi Arabia’s global standing as a hub, bolstering competitiveness in the technology sector.
Follow us on
