Latest news with #techecosystem
Zawya
5 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. (
CNA
30-05-2025
- Business
- CNA
Firms must double down on digital transformation amid trade uncertainties: IMDA chief executive
The Infocomm Media Development Authority's chief executive Lew Chuen Hong has urged companies to double down on digital transformation, even amid mounting global trade uncertainties. He was speaking at the sidelines of the Asia Tech x Singapore (ATxSG) summit, reflecting on the country's role as a trusted player in the global tech ecosystem. Nicolas Ng reports.
Trade Arabia
18-05-2025
- Business
- Trade Arabia
Qualcomm to set up Global Engineering Center in Abu Dhabi
Qualcomm Technologies has unveiled plans to establish a state-of-the-art global Engineering Center in Abu Dhabi that will focus on the development of advanced technologies and spearhead technical innovation in AI. The Qualcomm Engineering Center will become an integral part of the Qualcomm Global Engineering hubs working on next-generation technology in industrial IoT, AI and data center solutions to help meet growing local and global demand for high-performance connectivity, power-efficient computing and intelligence. The Qualcomm Engineering Center will also collaborate with Abu Dhabi, UAE-based and global companies to support local strategic initiatives in the region. The center will augment the Company's global engineering capabilities to deliver products and services designed to meet the needs of key industries, including energy, manufacturing, logistics, retail and smart mobility, which are key drivers for economic growth. 'We are thrilled to announce our plans to establish a Qualcomm Engineering Center in Abu Dhabi as part of our efforts to advance technology innovation in the region. This new engineering hub will focus on developing best-in-class AI and industrial IoT solutions while also cultivating local talent and fostering job creation. We look forward to working with the Abu Dhabi Investment Office and the UAE to expand their technology ecosystem,' said Cristiano Amon, President and CEO, Qualcomm Incorporated. 'Abu Dhabi is laying the groundwork for future-defining industries, grounded in world-class research capabilities, integrated infrastructure and the ability to attract top-tier talent. The Qualcomm Engineering Center in Abu Dhabi is poised to deliver technological advancements in IoT, AI and data infrastructure with applications across critical sectors, unlocking complex solutions at a global scale in partnership with Abu Dhabi's world-class ecosystem. This is why ambitious global investors and pioneering companies, like Qualcomm, choose Abu Dhabi: as an investment destination we lose no time in anticipating what's next; we build for it,' said Badr Al-Olama, Director General, Abu Dhabi Investment Office (ADIO). -
