Tasama unveiled to boost Saudi Arabia’s business services

The launch comes through the merger of Business Incubators and Accelerators Co. (BIAC), formerly owned by the Saudi Technology Development and Investment Co. (TAQNIA), a PIF portfolio company and the PIF’s Shared Services Center.

The merger aims to establish a leading national leader by providing end-to-end business services.

Tasama will offer a comprehensive range of business services aimed at enhancing operational efficiency and working with businesses in their establishment and growth phases.

The new company will also support global companies in establishing their regional headquarters in Saudi Arabia. The company offers end-to-end back-office setup and operations across finance, human resources and procurement.

In addition, Tasama provides project management services, implementation of digital solutions, and advanced incubation and workspace solutions.

The firm also plans to expand its operations across Saudi Arabia as it works to become the preferred provider of business services nationwide.

The launch of Tasama supports PIF’s broader strategy to diversify the economy and work with the private sector through fostering new local startups and by supporting global companies in establishing regional headquarters in Saudi Arabia.