Tawaref, a Saudi-based investment community providing startup services across the MENA, is proud to announce the acquisition of Amaana.ai, a cutting-edge artificial intelligence solutions provider.
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This strategic acquisition will enhance Tawaref’s capabilities in offering comprehensive, AI-driven solutions to its growing portfolio of startups and investors.
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Amaana.ai, recognized for its streamlined services facilitating business entry into Saudi Arabia, brings deep expertise in automating essential processes like licensing, banking setup, and This acquisition strengthens Tawaref’s ability to deliver innovative financial and technological solutions, expanding the value proposition for companies seeking to grow and thrive in the dynamic Saudi market. The newly integrated capabilities will focus on collaboration, leveraging AI technologies to enhance services across various industries.
financial compliance. Its digital-first approach, coupled with unparalleled government connections and AI-powered solutions, will now be integrated into Tawaref’s offerings.
Saeed Al Ansari, CEO of Tawaref , expressed:
“The integration of Amaana.ai allows us to elevate our service offerings and reinforce our mission to support startups with advanced, AI-driven solutions. By blending our expertise, we’re providing smarter and more efficient solutions that will help our clients navigate the Saudi market with ease.”
Su Le, CEO of Amaana.ai will transition to Advisor at Tawaref , added:
“This acquisition marks a significant milestone, uniting two companies with a shared vision of innovation and market leadership. Together, we’re empowering entrepreneurs with the tools they need to accelerate their success in one of the world’s fastest-growing markets.”
Njoud AlYousef, Tim Abbott, and Chris Hafner, the other co-founders of Amaana.ai and fellow advisors on this initiative, echoed Su’s sentiment, emphasizing the strategic importance of this acquisition in encouraging entrepreneurship and innovation.
Tawaref’s expanded services now include AI-driven business solutions, company formation, legal and accounting services, and government registration through the Saudi Landing Program. These services, enhanced by Amaana.ai’s capabilities, position Tawaref as a trusted partner for startups and established businesses alike.
About Tawaref
Tawaref is a purpose-built, startup matchmaking platform. The problem with early-stage startups is that there is a lot of ambiguity around what constitutes a successful startup, which one would be able to raise their next investment rounds, and if they will be able to scale and validate their business. Tawaref is first and foremost a technology platform. One that was built by industry veterans, who understood the startup space. We help identify, pre-vetted, growth-centric startups, that are built-to-scale and can make their impact.
About Amaana
Amaana is the single source solution for country level market entry into Saudi Arabia. We provide an automated and centralized platform, streamlining all aspects of entry into the fast-growing Saudi Arabian market.
