Dr. Fahd Abou Hemad: the register committee in the Ministry of Commerce and Industry licensed to 35 facilities for real-estate valuation

In the framework of the cooperation and integration process between the Ministry of Commerce and Industry and the Saudi Authority for Accredited Valuers ( Taqeem) , Dr Fahd Abou Hemad, the Undersecretary of the Ministry of Commerce and Industry for rules and regulations affairs , and the Chairman of the register committee of accredited Valuers declared that the Ministry in the framework of  its efforts with the Authority for developing the valuation profession , and  promoting it to the rank of the consultative prestigious  professions in the kingdom , the register committee in the Ministry of Commerce and Industry agreed to grant the license to 35 facilities to practice the valuation profession.

Dr. Fahd Abou Hemad added that the licenses were granted when all the registration conditions and requirements were completed for getting the facility license, and we are working on the issuance of the next licenses to the facilities which requested the licenses to practice the valuation profession, provided all the acceptance requirements and fulfilled all the required conditions. He expected that the number of people who getting the licenses will reach 80 facilites at the end of this year God willing.

the Undersecretary of the Ministry of Commerce and Industry for rules and regulations affairs stressed that the Ministry keeps working with the Saudi Authority for Accredited Valuers on the implementation of the strategy, which approved by the Board of Directors to achieve the objectives of the Authority to develop the valuation profession in the Kingdom, and to improve the performance of their employees.