In an accelerating economic landscape marked by rapid transformations and intensifying competition for leadership, the Kingdom of Saudi Arabia has achieved a new milestone by announcing the relocation of the regional headquarters for Middle East and Africa valuation to the capital, Riyadh. This strategic move cements its position as a rising power leading the valuation profession regionally, continentally, and internationally.

The choice of Riyadh is no coincidence; it is a recognition of its economic stature and pioneering role in establishing the highest standards of integrity and quality across the Middle East and Africa. This achievement aligns with the objectives of Vision 2030, which prioritizes building a modern investment environment based on governance and innovation as a fundamental driver for national economic growth and enhancing the Kingdom’s global standing.

Economic experts believe this step will boost investment confidence through accurate and objective valuation reports, positively impacting the attraction of more foreign investments, stimulating local markets, and improving the efficiency of all financial, real estate, and industrial valuation sectors both within the Kingdom and across the extended Middle East and Africa region.

The Saudi valuation standards represent a pivotal turning point; they are not merely a regulation of the profession but a strategic project combining the best international practices with the requirements of the Saudi and regional environment. With their rapid adoption across the Gulf and Africa, these standards are expected to become a continental and regional reference that contributes to improving the profession’s quality and unifying its methodologies.

These standards also offer broad opportunities to develop modern tools such as Automated Valuation Models (AVM) and leverage digital technologies and artificial intelligence, positioning the Kingdom as a platform for innovation in this vital sector and a driver for modernizing the profession in the Middle East and Africa.

The relocation of the regional headquarters to Riyadh is not just an administrative decision but a strategic leap placing the Kingdom at the heart of the global valuation industry.

This leap combines economic depth, institutional leadership, and future vision, confirming that the Kingdom is no longer just a recipient of international standards and practices but has become an exporter and a reference that establishes transparency and quality rules regionally and continentally, from the Gulf to the depths of Africa.

Today, Riyadh is not only known as a political and economic capital but has rightfully earned the title of the valuation capital in the Middle East and Africa, where quality standards are crafted, trust foundations are built, and the future of the profession is shaped both regionally and continentally.