Saudi Authority for Accredited Valuers (TAQEEM)
Government AdministrationRiyadh, Saudi Arabia201-500 Employees
TAQEEM is a government authority in Saudi Arabia dedicated to regulating and developing the valuation profession. It defines valuation as the process of determining the fair value of real estate, businesses, equipment, and other property for a specific purpose, and it establishes the standards that guide valuation work. Its clients include banks, insurance companies, real estate firms, and state bodies responsible for expropriation, with valuations informing major decisions such as purchases, mergers, inheritance, disputes, and investment feasibility. The agency aims to elevate the field by setting ethical and technical standards, accrediting qualified valuers, and offering training for new professionals. Based in Riyadh, in the Riyadh region, TAQEEM operates as part of Saudi Arabia's government administration and has recently agreed to cooperate with Najm for Insurance Services to support electronic damage assessment for vehicles involved in minor accidents.