Riyadh - Sharikat Mubasher: Roshn Group, the Saudi real estate developer owned by the Public Investments Fund (PIF), signed a memorandum of understanding (MoU) with the Saudi Environment Fund to enhance research and innovation in the Kingdom.

The agreement was signed by Waseem Al Khashan, Executive Director of Marketing at Rosh Group, and Fawaz Al-Anazi, Vice President of Marketing and Communications at the Environment Fund, on the sidelines of the opening of the Roshn Green Initiative Center in Riyadh.

Under this MoU, both parties will join efforts to stimulate investments, apply the best technologies and eco-friendly practices, and raise awareness of best environmental practices while elevating the community's contribution.

The agreement focuses on exploring sustainability in building designs, enhancing building standards, and introducing incentives to encourage environmental development practices.

It should be mentioned that the Roshn Green Initiative Center will encompass an educational hub offering interactive learning sessions for members of the public and organizations interested in supporting the Kingdom’s sustainability programs.