Abha Chamber Discusses Opportunities and Challenges in the Valuation Profession at Briefing With Accredited Valuers Authority
Abha – May 21, 2025, corresponding to 23 Dhu al-Qadah 1446 AH — In its efforts to raise professional awareness and develop the real estate and investment sectors, the Abha Chamber of Commerce and Industry, in cooperation with the Saudi Authority for Accredited Valuers (Taqeem), held a briefing session titled "Challenges and Opportunities in the Valuation Profession," with the participation of a select group of specialists and experts in the real estate sector in Aseer region.
The session discussed the importance of regulating and developing the valuation profession in the Kingdom, and the pivotal role played by the Saudi Authority for Accredited Valuers in setting professional and regulatory standards in line with best practices and international standards, to ensure market fairness, reliable real estate data, and greater transparency in asset valuation.
The session also highlighted the professional qualification and training programs offered by the authority, and the ways it supports new valuers through licensing and professional membership accreditation, helping create an organized, attractive professional environment and ensuring the quality of outcomes in this vital sector.
Engineer Faisal bin Badr Al-Mandeel, CEO of the Saudi Authority for Accredited Valuers, affirmed that the authority continues its efforts to raise the efficiency of the valuation system by establishing precise professional standards and offering advanced professional development programs, noting that valuation represents one of the pillars of transparency and stability in real estate and investment markets, and is an important tool for supporting decision-makers in the public and private sectors.
The session is part of Abha Chamber's efforts to empower local talent and raise awareness of future professions, in line with Saudi Vision 2030's goals of diversifying the economy and raising the efficiency of professional sectors.
