Saudi Authority for Accredited Valuers Honors Fellowship Certificate Recipients
The Saudi Authority for Accredited Valuers (Taqeem) organized a grand ceremony on Monday to celebrate the achievements of 565 valuers who successfully earned the prestigious Taqeem Fellowship Certificate. The event, which underscored the authority’s commitment to advancing the valuation profession, was held under the esteemed patronage of H.E. Mohammed bin Abdullah Al-Jadaan, Minister of Finance and Chairman of the Board of the Saudi Authority for Accredited Valuers. The ceremony witnessed the attendance of several high-ranking officials, highlighting its significance in recognizing professional excellence.
Celebrating Achievements Across Valuation Fields
The recognition event served as a testament to the dedication and hard work of valuers who completed the rigorous requirements necessary to obtain the Fellowship Certificate. The recipients represented expertise across a broad spectrum of valuation specialties, including real estate valuation, economic establishment valuation, machinery and equipment valuation, and vehicle damage assessment. According to the Saudi Press Agency (SPA), this acknowledgment reflects Taqeem’s mission to support professionals who contribute to the robust development of valuation standards in the Kingdom.
Taqeem’s Role in Developing the Valuation Profession
In his remarks, Engineer Faisal bin Badr Al-Mandeel, CEO of Taqeem, reiterated the authority’s unwavering commitment since its establishment to fostering the growth and professionalization of the valuation industry. “From the very beginning, Taqeem took on the responsibility of elevating the valuation profession and positioning it as one of the critical enablers of the national economy,” he stated.
Al-Mandeel highlighted that Taqeem has prioritized training and professional development as foundational elements in building highly skilled and competent valuation practitioners. Over the years, the authority has designed and implemented comprehensive training curricula tailored to the diverse needs of the valuation industry. To date, more than 50,000 individuals have benefited from the authority’s programs, which include over 2,700 specialized training courses. These efforts underscore Taqeem’s strategic approach to equipping professionals with the knowledge and skills necessary to excel in their fields.
Fellowship Certificate: The Pinnacle of Professional Achievement
The Taqeem Fellowship Certificate is widely regarded as the highest professional qualification within the valuation sector. This prestigious credential represents a blend of theoretical knowledge and hands-on practical experience. To earn the certificate, candidates must complete a series of rigorous training programs and accumulate the required hours of practical fieldwork. Such comprehensive requirements reflect the authority’s dedication to ensuring that certificate holders adhere to the highest professional standards and best practices in the valuation field.
The Fellowship Certificate is more than just a professional milestone; it is a symbol of excellence and a demonstration of the recipients’ commitment to upholding the principles of accuracy, integrity, and transparency in their work. This level of dedication significantly contributes to strengthening the valuation profession’s reputation and credibility in the Kingdom and beyond.
Enhancing Trust, Transparency, and Investment Climate
As the official regulator of the valuation profession in Saudi Arabia, Taqeem plays a pivotal role in shaping the industry’s regulatory framework. The authority actively develops and enforces legislation and systems that enable valuers to perform their duties following international valuation standards.
Taqeem also offers a range of certification programs designed to qualify and certify valuation practitioners based on robust scientific foundations and globally accepted practices. This ensures that the profession continues to evolve and adapt to the highest standards, meeting the demands of a dynamic economic landscape.
The authority believes strongly in the contribution of the valuation profession to preserving rights, ensuring fairness for all stakeholders, and fostering an environment of trust and transparency within the market. By doing so, Taqeem enhances the Kingdom’s investment appeal and supports the broader goals of Vision 2030. Through its initiatives, Taqeem aims to create a thriving valuation ecosystem that not only safeguards market participants but also positions Saudi Arabia as a global leader in valuation expertise.
Aligning with Vision 2030
The efforts of Taqeem to professionalize and advance the valuation industry are closely aligned with the objectives of Vision 2030, Saudi Arabia’s ambitious national transformation program. By fostering an environment that supports accurate asset valuation, the authority contributes to the creation of a transparent and trustworthy market system that attracts local and international investors.
Taqeem’s work in training and certifying valuers, along with its commitment to global valuation standards, reflects the Kingdom’s broader aspirations to build a sustainable and diversified economy. This alignment positions Taqeem as not only a regulator but also a key partner in realizing Saudi Arabia’s long-term economic development goals.
The ceremony, therefore, was not just a moment of celebration but also a recognition of the vital role that valuers play in supporting the national economy. The honored professionals, equipped with the highest level of expertise, represent the future of the valuation profession in Saudi Arabia and its contribution to the nation’s progress.
