Riyadh, Saudi Arabia — July 13, 2025

The Public Investment Fund announced today the launch of Tasami Business Services, a strategic step aimed at strengthening the national business ecosystem, providing integrated operational services that support growth in the public and private sectors, and contributing to Saudi Vision 2030 goals by diversifying the economy and empowering national talent.

Tasami was established through the merger of BIAC (Business Incubators and Accelerators Company) — previously part of PIF portfolio company Tqniah — with PIF's shared services center, forming a unified national entity that provides comprehensive operational solutions to world-class standards.

Integrated Services to Boost Business Efficiency and Enable Growth

Tasami offers a suite of integrated corporate services, including:

  • Accounting and financial support
  • Human resources services
  • Procurement management
  • Digital and technology solutions
  • Incubator and accelerator services
  • Flexible workspace provision

These services aim to support startups and institutions in their founding and expansion phases, and enable global companies to establish stable operations in the Kingdom, strengthening the investment environment and supporting Saudi Arabia's ambition to become a regional hub for business and services.

Empowerment and Innovation at the Heart of Tasami's Vision

Engineer Mohammed bin Nasser Al-Jasser, CEO of Tasami, said the company aims to:

  • Elevate the business services sector as one of the strategic economic sectors
  • Help empower Saudi talent and develop local skills
  • Foster innovation and deliver advanced technology solutions
  • Expand its operations to become the leading national provider of business services

Al-Jasser said Tasami will help build a flexible, dynamic business ecosystem that supports the growth of local companies and facilitates the establishment of global companies that choose the Kingdom as a key regional headquarters.