New Murabba, UK’s NCC Sign MoU to Enable Future Materials and Solutions

New Murabba, a Public Investment Fund (PIF) company, and the United Kingdom’s NCC, signed a memorandum of understanding at the Great Futures Summit in London. The two-year agreement aims to enable innovation, facilitate knowledge exchange, and support the application of advanced materials and technologies within New Murabba.

The MoU, signed by CEO of New Murabba Michael Dyke and CEO of NCC Richard Oldfield, will support New Murabba’s strategy to adopt global best practices in innovation and urban design and redefine urban living through sustainable spaces. NCC, alongside other advanced innovation centers within HVMC, specializes in turning cutting-edge research into practical applications in manufacturing and advanced materials.

Dyke stated: “This partnership aligns with Saudi Vision 2030, driving sustainable development, innovation, and knowledge transfer to empower local talent and future industries.Our collaboration with NCC, a leader in innovation and industrial manufacturing, marks a significant step forward for New Murabba. By integrating the latest materials and future-ready solutions, this will strengthen local talent and industrial capabilities while reinforcing our commitment to building a smart, sustainable urban environment that enhances residents' quality of life.”