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.
Sale to strategic investor
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