Riyadh, Saudi Arabia – November 21, 2025:

Hisense, the global leader in consumer electronics and home appliances, has signed a Memorandum of Understanding (MOU) with Sakani by NHC during Cityscape Global 2025, held from 17-20 November 2025 at the Riyadh Exhibition & Convention Centre (Malham).
The MOU was officially signed yesterday at the NHC stand, in the presence of Mr. Leo Hu, General Manager of Hisense Saudi Arabia, and Mr. Waleed Al Harkan, CEO of Sakani, marking a significant milestone in strengthening cooperation on future mega residential projects across the Kingdom.

The partnership reflects a shared vision between Hisense and Sakani by NHC to enhance Saudi Arabia’s housing and real estate ecosystem through innovative solutions, aligned with the Kingdom’s ambitions for sustainable urban development. By joining forces, the two organizations will explore opportunities to deliver state-of-the-art technologies and integrated home solutions across mega residential projects, providing Saudi families with a more connected, convenient, and comfortable living experience with Smart Home solutions.
“This partnership with Sakani by NHC is a testament to Hisense’s deep commitment to Saudi Arabia’s housing sector,” said Leo Hu, General Manager of Hisense Saudi Arabia. “By combining Sakani’s pioneering role in real estate development with Hisense’s innovative technologies, we aim to create long-term value for Saudi families and contribute to shaping the future of housing in the Kingdom with Hisense Smart Technologies.”
Commenting on the partnership, Mr. Waleed Al Harkan, CEO of Sakani, said: “Through this collaboration with Hisense, we are strengthening our ability to deliver world-class projects and integrated residential communities that raise the standards of living across the Kingdom. Together, we are building trusted solutions that support the aspirations of families and ensure that our developments are equipped with innovative technologies for modern lifestyles.”
For more information, follow Hisense Saudi Arabia on social media:
• Instagram: @hisense_ksa
• LinkedIn: Hisense Saudi Arabia
• Facebook: Hisense Arabia
• X: @Hisense_KSA
• TikTok: @hisense_ksa
Visit: www.hisenseksa.com

About NHC
The National Housing Company (NHC) is Saudi Arabia’s leading state-owned real estate developer, established in 2016 under the Ministry of Municipalities and Housing. Aligned with Vision 2030, NHC drives the delivery of affordable, modern, and sustainable residential communities across the Kingdom. It collaborates with public and private sectors to increase housing availability and quality, supporting the government’s homeownership goal of 70% by 2030. Visit: https://nhc.sa/en/
About Sakani
Sakani, launched in 2017 by the Ministry of Municipalities and Housing, is a comprehensive housing platform designed to help Saudi families own their first home. It offers diverse housing options, financing solutions, and digital services through an integrated app and platform. Sakani supports Saudi Arabia’s Vision 2030 by simplifying ownership processes and increasing homeownership rates to 70% by 2030. Visit: https://sakani.sa/en

About Hisense
Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 160 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 1 globally in the 100-inch and over TV segment (2023- H12025). As the official sponsor of the FIFA World Cup 2026™, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.
For more information, please visit: www.hisenseksa.com

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