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Who We Are

About us

 

 

 

The Saudi Technology Development and Investment Company (TAQNIA) was established in June 2011 by Royal Decree to localize technology in Saudi Arabia and commercialize outputs of R&D centers.

TAQNIA invests in technology that contributes towards Saudi Arabia’s economic diversification. TAQNIA is proud to be fully aligned with  Saudi Vision 2030.

TAQNIA is owned by the Public Investment Fund (PIF) which drives strategic and sustainable diversification enabling growth in different industries in Saudi Arabia.

 

       

 

Under the guidance of the government of the Kingdom of Saudi Arabia, the Saudi Technology Development and Investment Company (TAQNIA) was established in 2011 to drive economic diversification to help fulfill a long-term vision for a globally integrated and diverse economy, and to operate as a trusted global player that partners with the world’s best. At TAQNIA, we also focus on ensuring our company is positioned to continue acting as a technological catalyst for sustainable economic development for the Kingdom against a backdrop of global macroeconomic volatility.

This commitment has been reinforced by Saudi Arabia’s Vision 2030 and the National Transformation Program believing that sustainable development and economic diversification are essential to long-term security and prosperity for the Kingdom and its people.

TAQNIA is wholly owned by the Kingdom’s Public Investment Fund, and is central to the progress of transferring technology to the Kingdom, creating high-skilled employment opportunities, and diversifying our economic base.

A key strength of TAQNIA is its ability to develop its workforce and form long-lasting partnerships with industry leaders worldwide. This approach is directly correlated to the Kingdom’s traditions and values, and will further cement its role as a global leader on multiple fronts.

TAQNIA’s success in accelerating Saudi Arabia’s journey towards a knowledge-based economy is enabled by the vision of the Kingdom of Saudi Arabia, the Board of Directors, and every employee.

Mission

TAQNIA will achieve its vision by investing in local and international technologies while engaging actively in the development and growth of those technologies to prosper into economically sustainable enterprises.

Vision

To drive accelerated diversification of the Kingdom’s economy through knowledge-based industries, thereby creating value-adding jobs as well as to help create an innovative ecosystem in Saudi Arabia.

Objectives

TAQNIA creates value from technology by investing in local and global technologies and in their development into economically sustainable organizations.

To that end, TAQNIA has set three Strategic Objectives that govern all its activities:

Transfer Technology

Diversify the Economy

Create High-Skilled Jobs

Board of Directors

Values

At TAQNIA, we take our values seriously. Each of our values shown below provides an idea of our work ethic, company culture and belief system:

Passion

The irresistible desire to do the best we can to our company, community, country, and the world.

Agility

Recognize the need to change and be willing to make it happen immediately.

Teamwork

The strong belief that we, together, will perform better.

Partnerships

A key strength of TAQNIA is its ability to form fruitful long-lasting partnerships with industry leaders worldwide. These partnerships range from educational institutes, government entities, and global technology leaders. Illustrated are some of TAQNIA’s partners in success.