Hovnanian Enterprises partners with Saudi Arabia's NHC to develop livable communities

From GlobeNewswire: 2025-05-15 15:14:00

Hovnanian Enterprises, Inc. signed a strategic MOU with Saudi Arabia’s NHC at the Saudi-U.S. Investment Forum during President Trump’s visit, aiming to create livable communities in line with Vision 2030. With over 376,000 homes delivered in the U.S., Hovnanian will leverage its expertise through its Middle East subsidiary, K. Hovnanian M.E. Investments, LLC, to further collaborate with NHC. The partnership seeks to enhance the quality of life for Saudi citizens through innovative developments. Hovnanian’s CEO, Ara K. Hovnanian, expressed excitement about contributing to Saudi Arabia’s ambitious housing initiatives and building communities that reflect the Kingdom’s vision for the future.



Read more at GlobeNewswire: Hovnanian Enterprises Announces Strategic Partnership