In a strategic move to accelerate the Kingdom’s business ecosystem, the Public Investment Fund (PIF) has officially launched Tasama Business Services Company. This newly formed national entity is set to reshape the way businesses, both local and international, operate in Saudi Arabia.
Tasama is the result of a powerful merger between BIAC, an incubator and accelerator previously owned by TAQNIA (a PIF portfolio company), and the PIF’s Shared Services Center. Together, they form a comprehensive service provider built to fuel growth across public and private sectors.
A One-Stop Hub for Business Services
Tasama is not just another business services company. It aims to be the Kingdom’s leading platform offering integrated, end-to-end solutions to help businesses operate efficiently and scale sustainably.
Services offered include:
- ✅ Accounting and financial management
- ✅ Human resources and recruitment support
- ✅ Procurement and supply chain services
- ✅ Digital solutions and automation
- ✅ Incubator and accelerator programs
- ✅ Modern workspace solutions for startups and global firms
These services are designed to support businesses at every stage, from startup to expansion, while also catering to international companies choosing Saudi Arabia as their regional hub.
A Strategic Step Toward Vision 2030
According to Eng. Mohammed bin Nasser Al-Jasser, CEO of Tasama, the company is committed to turning business services into a strategic industry. Its mission aligns with Saudi Vision 2030 by contributing to:
- ✅ Economic diversification
- ✅ Talent development and innovation
- ✅ Support for SMEs and startups
- ✅ Public-private sector collaboration
Al-Jasser emphasized that Tasama builds on the successful legacy of BIAC, aiming to elevate the tech ecosystem and foster a business-friendly environment across the Kingdom.
National Reach, Global Vision
Tasama’s ambition goes beyond Riyadh. The company plans to expand its operations across all major regions in Saudi Arabia, ensuring that businesses of all sizes and industries have access to world-class services and infrastructure.
By doing so, Tasama is not only boosting the ease of doing business but also helping attract foreign investment. The initiative directly supports PIF’s broader goals:
- ✅ Diversifying Saudi Arabia’s economy beyond oil
- ✅ Strengthening local companies
- ✅ Empowering international firms to establish regional headquarters
Final Thoughts
With the launch of Tasama, Saudi Arabia is taking a bold step toward becoming a regional hub for integrated business services. By simplifying operations, providing growth-enabling tools, and supporting global standards, Tasama stands poised to be a key pillar of the Kingdom’s economic transformation.
As the demand for efficient, scalable, and digital-first business solutions grows, Tasama aims to lead the charge, empowering a new generation of companies and contributing to a more diversified and resilient economy.