Latest news with #MohammedAlJasser
Gulf Business
2 days ago
- Business
- Gulf Business
PIF unveils Tasama Business Services Company to boost Saudi business ecosystem
Image: Saudi Press Agency Saudi Arabia's Public Investment Fund (PIF) has launched Tasama Business Services Company, a new national entity aimed at strengthening the kingdom's integrated business services and solutions sector and driving economic growth across public and private sectors, the Saudi Press Agency (SPA) reported. The newly established New PIF Company Tasama Set to Propel Saudi Arabia's Business Services Growth. — SPAENG (@Spa_Eng) Tasama will cover all the following areas The company's service offerings will span accounting support, human resources, procurement services, digital tools, incubation programmes, and workspace solutions. Tasama is also expected to support international firms operating or establishing regional headquarters in the kingdom, aligning with Saudi Arabia's push to attract foreign investment. Tasama CEO Engineer Mohammed bin Nasser Al-Jasser said the company aims to position the business services sector as a strategic pillar of Saudi Arabia's economy, fostering innovation, supporting entrepreneurship, and cultivating local talent. 'Our goal is to transform the business services landscape, becoming a leading national partner in advancing the technology ecosystem and enabling operational efficiency,' Al-Jasser said. 'We are committed to developing Saudi capabilities and driving economic diversification in line with the PIF's long-term strategy.' The company plans to expand across Saudi Arabia's regions, offering its solutions to a wide base of local and international clients. Its launch marks another milestone in PIF's mission to bolster the kingdom's non-oil economy, promote private sector growth, and position Saudi Arabia as a regional business hub.
Zawya
2 days ago
- Business
- Zawya
PIF launches Tasama to boost Saudi business services sector
RIYADH — The Public Investment Fund (PIF) announced the launch of Tasama Business Services Company, a fully owned subsidiary designed to strengthen Saudi Arabia's integrated business solutions ecosystem and support growth across both public and private sectors. Tasama is the result of a merger between BIAC, a former subsidiary of Saudi Technology Development and Investment Company (TAQNIA), and PIF's Shared Services Center. The new entity aims to serve as a national provider of comprehensive business services, streamlining operations and enabling efficiency. The company will offer a full suite of services, including accounting support, HR and procurement services, digital solutions, incubator operations, and workspace solutions. These services are tailored to empower startups and support global companies operating in Saudi Arabia. Tasama CEO Eng. Mohammed Al-Jasser said the company is committed to elevating the business services sector, positioning it as a strategic pillar of the national economy. He highlighted Tasami's role in fostering innovation, developing Saudi talent, and building on BIAC's legacy of success across the public and private sectors. Al-Jasser added that Tasama will be a driving force in shaping the future of business services in the Kingdom, contributing to the expansion of Saudi Arabia's tech ecosystem and enabling a dynamic business environment. As part of its national growth strategy, Tasama plans to expand its footprint across the Kingdom to become the leading provider of business services, aligning with PIF's broader objectives of economic diversification and private sector enablement under Vision 2030. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
