Saudi Authority for Accredited Valuers awards certificates to 1st batch of valuers

Saudi Authority for Accredited Valuers awards certificates to 1st batch of valuers
The fellowship includes 16 training courses that address basic procedures and methods. (SPA)
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Updated 23 March 2021

Saudi Authority for Accredited Valuers awards certificates to 1st batch of valuers

Saudi Authority for Accredited Valuers awards certificates to 1st batch of valuers
  • Participants are also required to complete 3,000 hours of practical work

RIYADH: The Saudi Authority for Accredited Valuers (Taqeem) has granted fellowship certificates in real estate valuation to the first batch comprising 120 individuals.
The authority has been entrusted with organizing, developing, qualifying and accrediting practitioners of the valuation profession in different economic sectors. It deals with estimating the value of real estate of all kinds and related rights such as ownership and disposition of ownership, mortgage, insurance, dispossession.
The economic establishments valuation branch deals with the valuation of business establishments or the interests of ownership and the valuation of intangible assets such as patents, trademarks, goodwill and intellectual property.
The fellowship includes 16 training courses that address basic procedures and methods, market studies, real estate regulations, principles of urban planning and sustainability, studies of land economics, analysis of finance and real estate investment, accounting principles and real estate taxes, and the implementation of comprehensive projects for evaluating and discussing specialized real estate.
Participants are also required to complete 3,000 hours of practical work.  
Faisal bin Badr Al-Mandil, acting secretary-general of TAQEEM, said: “This batch and the next batches will have a major role in boosting transparency in the national economy.”


Saudi Arabia and France discuss digital transformation, space cooperation

Saudi Minister of Communications and Information Technology Abdullah Al-Swaha met the French Ambassador for Digital Affairs Henri Verdier. (SPA)
Saudi Minister of Communications and Information Technology Abdullah Al-Swaha met the French Ambassador for Digital Affairs Henri Verdier. (SPA)
Updated 02 August 2021

Saudi Arabia and France discuss digital transformation, space cooperation

Saudi Minister of Communications and Information Technology Abdullah Al-Swaha met the French Ambassador for Digital Affairs Henri Verdier. (SPA)
  • Al-Swaha met COO of French National Center for Space Studies to discuss potential for partnerships in the research and scientific fields

RIYADH: Saudi Minister of Communications and Information Technology Abdullah bin Amer Al-Swaha met the French Ambassador for Digital Affairs Henri Verdier in Paris on Monday.
Acting CEO of the Saudi Space Commission Dr. Mohammed Al-Tamimi and President of King Abdul Aziz City for Science and Technology (KACST) Dr. Munir bin Mahmoud El-Desouki also attended the meeting, along with a number of Saudi and French officials.
The two parties spoke about enhancing bilateral cooperation between the Kingdom and France in technical and digital transformation, space and innovation.
The meeting outlined stimulating the growth of the digital economy and the innovation system. It discussed accelerating the adoption of modern technologies in the Middle East and North Africa by relying on the digital and logistical platform provided by the Kingdom as a hub connecting continents, in addition to the Saudi Center for the Fourth Industrial Revolution (4IR), which was recently inaugurated in Riyadh.
Al-Swaha, also the chairman of the board of directors of the Saudi Space Commission, met Lionel Suchet, the chief operating officer of the French National Center for Space Studies, in Paris.
They discussed cooperation in the space sector and its technologies, including the potential for partnerships in the research and scientific fields.
They also talked about technical cooperation and ways to stimulate innovation and investment in the space sector, which is experiencing significant growth globally, along with the development of human capital and capacity building.
This meeting took place during a tour by Al-Swaha that includes visits to institutions and companies involved in the space sector in the UK and France. It aims to enhance the work of the Saudi Space Authority and its cooperation with international bodies specializing in space and its technologies.


Saudi foreign minister congratulates Algerian counterpart on assuming his post

Saudi foreign minister congratulates Algerian counterpart on assuming his post
Updated 02 August 2021

Saudi foreign minister congratulates Algerian counterpart on assuming his post

Saudi foreign minister congratulates Algerian counterpart on assuming his post

RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan made a phone call on Monday to the his Algerian counterpart Ramdane Lamamra, during which he congratulated him on assuming his post.
Prince Faisal said he looked forward to working with him in strengthening relations between the two countries, the Kingdom’s foreign ministry said.
During the call, they reviewed bilateral relations and ways of enhancing them to achieve the interests of both countries, in addition to discussing regional and international developments of common concern.


4 Saudis arrested for distributing drugs in Qassim, Tabuk

4 Saudis arrested for distributing drugs in Qassim, Tabuk
Updated 02 August 2021

4 Saudis arrested for distributing drugs in Qassim, Tabuk

4 Saudis arrested for distributing drugs in Qassim, Tabuk
  • Initial legal measures have been taken against them and they have been referred to the Public Prosecution

RIYADH: Saudi authorities on Monday arrested four nationals for trying to distribute a large quantity of drugs.
“Security monitoring of the activities of criminal networks that promote narcotics resulted in the arrest of four citizens in the Qassim and Tabuk regions for promoting narcotic substances,” said Maj. Mohammed Al-Nujaidi, spokesman for the General Directorate of Narcotics Control.
He added that officials seized 75,855 amphetamine tablets, 38 kg of hashish, 9,160 pills subject to the regulation of medical circulation, 74 grams of shabu (methamphetamine), a firearm, ammunition and cash.
Al-Nujaidi said the initial legal measures have been taken against the four nationals, and they have been referred to the Public Prosecution.


Saudi Arabia announces 10 more COVID-19 deaths, 27.3m vaccines given to date

The total number of recoveries in the Kingdom increased to 508,994 after 1,620 more patients recovered from the virus. (SPA/File Photo)
The total number of recoveries in the Kingdom increased to 508,994 after 1,620 more patients recovered from the virus. (SPA/File Photo)
Updated 02 August 2021

Saudi Arabia announces 10 more COVID-19 deaths, 27.3m vaccines given to date

The total number of recoveries in the Kingdom increased to 508,994 after 1,620 more patients recovered from the virus. (SPA/File Photo)
  • A total of 8,259 people have succumbed to the virus in the Kingdom so far
  • 5 mosques reopened in 3 regions after being sterilized after some people tested positive for COVID-19

RIYADH: Saudi Arabia announced 10 deaths from COVID-19 and 1,063 new infections on Monday.

Of the new cases, 244 were recorded in Makkah, 217 in Riyadh, 152 in the Eastern Province, 108 in Asir, 88 in Jazan, 70  in Madinah, 45 in Najran, 44 in Hail, 20 in the Northern Borders region, 18 in Tabuk, 17 in Al-Baha, and five in Al-Jouf.

The Ministry of Health confirmed 1,063 new cases reported in the Kingdom in the previous 24 hours, meaning 527, people have now contracted the disease. 
Of the total number of cases, 10,624 remain active and 1,3434 in critical condition.

Of the new cases, 244 were recorded in Makkah, 217 in Riyadh, 152 in the Eastern Province, 108 in Asir, 88 in Jazan, 70  in Madinah, 45 in Najran, 44 in Hail, 20 in the Northern Borders region, 18 in Tabuk, 17 in Al-Baha, and five in Al-Jouf.

The health ministry also announced that 1,620 patients had recovered from COVID-19, bringing the total number of recoveries in the Kingdom to 527,877.
Over 27.3 million doses of a coronavirus vaccine have been administered in the Kingdom to date.

The ministry urged all students to quickly take the first dose of the vaccine so they may take the second dose before the start of the academic year.
The Ministry of Islamic Affairs reopened five mosques in three regions after temporarily evacuating and sterilizing them after some people tested positive for coronavirus, bringing the total number of mosques closed and reopened after being sterilized to 1,928 within 177 days.
The coronavirus pandemic has affected over 199 million people globally and the death toll has reached around 4.24 million.


Saudi Arabia to fine air passengers up to SR500k for COVID-19 travel ban breaches

Saudi Arabia to fine air passengers up to SR500k for COVID-19 travel ban breaches
Updated 02 August 2021

Saudi Arabia to fine air passengers up to SR500k for COVID-19 travel ban breaches

Saudi Arabia to fine air passengers up to SR500k for COVID-19 travel ban breaches
  • Similar penalties would also apply to operators or owners of the means of transportation

RIYADH: The Saudi Public Prosecution office has warned it will impose fines of up to SR500,000 ($133,323) on passengers breaching travel ban restrictions by boarding flights to countries hit by the coronavirus disease (COVID-19).

Similar penalties would also apply to operators or owners of the means of transportation.

In a tweet on Sunday, officials added that severe punitive measures would be taken against travelers who failed to disclose they had visited any countries listed on the Kingdom’s COVID-19 travel ban list.