TheFace: Nouf Altoaimi, Saudi Arabia’s first woman to be accredited as business valuer

Nouf Altoaimi pursued a career in medicine but soon realized it was not for her. (AN photo by Ziyad Alarfaj)
Updated 30 November 2018
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TheFace: Nouf Altoaimi, Saudi Arabia’s first woman to be accredited as business valuer

  • Altoaimi started out pursuing a career in medicine but soon realized it was not for her.
  • The young business executive says she discovered she had a love of public speaking after joining the Toastmasters club

“Ever since I was a child, my parents made me feel that nothing is impossible,” said Altoaimi, the first woman to become an officially accredited business valuer in Saudi Arabia. “I grew up within an ambitious family, as my mother created her own small business while my father excelled in his career. I grew up with the idea that success comes to those who work hard and chase it.”

Altoaimi started out pursuing a career in medicine but soon realized it was not for her.

“During my high school years I was made to believe that medicine is ‘The Choice,’ otherwise you didn’t succeed in life,” she said. “So I studied, applied and got in (to medical school). But for some reason it felt completely wrong. With the advice of the people closest to me, I realized that I should do what I wanted and what would make me feel happy and satisfied, regardless of what others say or think. This was a huge turning point in my life.”

She decided to study finance at Prince Sultan University and graduated in 2016 with first-class honors. 

“Throughout my journey at PSU I was a very active student, the annoying type you’ll see at every event the university is hosting,” said Altoaimi. “I had a desire to say ‘yes’ to every chance I got, and because of this I got the chance to travel, explore and be who I am today. Saying yes introduced me to a side of myself I didn’t realize I had. For instance, I only realized I had a love of public speaking after joining the Toastmasters club, which helped me shape the young leader in me.”

After graduating, Altoaimi joined the company EY as a trainee in its transactions team.

“While rotating between subservice lines, valuations appealed the most to me,” she said. “Valuation is an art and that is what makes it unique in the world of numbers and structured processes. It is all about subjectivity and uncertainty; there is no one right answer as your intuition and understanding are the keys. Every case is different so you learn new things every day as you’re exposed to various sectors, economies and practices.”

With the help of her colleagues and family Altoaimi started to study for accreditation in the field of business valuation.

“After completing the exams, I officially became the first female accredited business valuer (Taqeem) in Saudi Arabia,” she said. “In all my courses, except for one, I was the only woman in the room but it never felt wrong or awkward. I was never shy to ask questions and participate. I gained a great network and knowledge.

“Our voice is a gift that we should embrace and use. It will take us all the way if we stand up and let it be heard.” 


Saudi Arabia’s KSrelief continues aid work in new year

Updated 4 sec ago
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Saudi Arabia’s KSrelief continues aid work in new year

  • The work reflects Saudi Arabia's ongoing commitment through KSrelief to help those most in need

RIYADH: The Kingdom’s aid agency KSrelief has continued its humanitarian work at the start of 2025, the Saudi Press Agency reported recently.

In Syria, 892 families received food aid and health kits in the Afrin and Aleppo governorates of the war-torn country, benefiting 5,352 individuals.

The agency also distributed bags of flour, winter kits, and personal-care bags to 211 families in Syria’s Al-Rastan area, benefitting 968 individuals.

In Syria’s Rural Damascus governorate, KSrelief distributed bags of flour, food aid, personal-care bags, and shelter kits to 164 families.

In Pakistan, there were 2,821 food parcels, benefiting 18,638 people, distributed in the Bahawalnagar and Rahim Yar Khan areas of Punjab province, and the Hingol area in Khyber Pakhtunkhwa province.

KSrelief also distributed 1,082 clothing vouchers to families in Palestinian refugee camps in Jordan’s Amman, Zarqa and Balqa governorates.


Saudi Museum of Contemporary Art to host ‘Manga Hokusai Manga’ exhibition

Updated 32 min 15 sec ago
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Saudi Museum of Contemporary Art to host ‘Manga Hokusai Manga’ exhibition

  • Exhibition is homage to renowned Japanese artist Katsushika Hokusai

The much-anticipated “Manga Hokusai Manga” exhibition will be held at the Saudi Arabia Museum of Contemporary Art in JAX Diriyah from Jan. 15 to Feb. 8.

Held in collaboration with the Embassy of Japan and the Japan Foundation, the exhibition, ratified by the Kingdom’s Museums Commission, will showcase the works of the renowned Japanese artist Katsushika Hokusai.

It will highlight the history and evolution of manga, and provide a perspective on how Hokusai’s classical illustrations have influenced modern visual arts, the Saudi Press Agency reported recently.

Hokusai published his first collection of art in 1814, featuring sketches of “daily life, landscapes and whimsical creatures,” according to a post on X by the museum.

The Saudi Arabia Museum of Contemporary Art aims to foster cultural exchange between local and international creators.

This article originally appeared on Arab News Japan


Rain for 3 days over most parts of Saudi Arabia

Updated 10 January 2025
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Rain for 3 days over most parts of Saudi Arabia

  • Warning of high waves along the Kingdom’s coastlines

RIYADH: Rain of varying intensities will fall over most parts of Saudi Arabia from Jan. 10 to 12, the National Center for Meteorology stated on Thursday.

In a weather bulletin, the NCM warned of downpours accompanied by winds of up to 60 kph, and the possibility of torrential rain and hail. High waves are expected along the nation’s coastlines.

The regions of Al-Jouf, the Northern Borders, and Hail will have rainy conditions on Friday and Saturday.

On Friday, rain is expected in the Tabuk and Madinah regions; on Saturday and Sunday in the Eastern Province, Asir and Jazan; and on Saturday in Qassim.

For the Riyadh and Al-Baha regions, rain is expected from Friday to Sunday.

The NCM urged the public to stay updated on the weather conditions in the Kingdom by checking the daily reports on its website, the Anwaa application, or its social media accounts.


Saudi Falcons Club CEO and Kazakhstan ambassador discuss ways to boost cooperation

Updated 10 January 2025
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Saudi Falcons Club CEO and Kazakhstan ambassador discuss ways to boost cooperation

RIYADH: The CEO of the Saudi Falcons Club, Ahmed Al-Hababi, met Kazakhstan’s ambassador to the Kingdom, Madiyar Menilbekov, in Riyadh on Thursday to discuss opportunities for cooperation and ways in which these might be enhanced to benefit mutual goals.

One of the topics was the Hadad Program, a leading initiative developed by the club with the aim of returning falcons to their natural habitats and saving the species from the threat of extinction.

Menilbekov praised the club for the important role it plays in enhancing falconry and preserving its cultural heritage.

The club said the meeting was part of its efforts to strengthen international partnerships in keeping with the goals of the Saudi Vision 2030 plan for national development and diversification.
 


Saudi envoy to US outlines efforts to maintain safety of Saudi citizens amid LA wildfires

Updated 10 January 2025
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Saudi envoy to US outlines efforts to maintain safety of Saudi citizens amid LA wildfires

LOS ANGELES: Saudi ambassador to the US, Princess Reema bint Bandar, reaffirmed on Thursday the embassy’s commitment to the safety and security of Saudi citizens in Los Angeles and surrounding areas impacted by wildfires, the Saudi Press Agency reported.

In a statement, Princess Reema emphasized that the embassy and the consulate general were working tirelessly to support citizens affected by the fires.

She highlighted that ensuring their well-being remains a top priority for Saudi diplomatic missions in the United States.

She said the team was monitoring the situation closely and was prepared to provide immediate assistance to those in need. The embassy and consulate were dedicated to ensuring the security and safety of all Saudi citizens in affected areas, she added.

The embassy and consulate have activated a round-the-clock response team to address concerns and offer necessary support, SPA added.

The wildfires in California have prompted widespread evacuations and caused significant disruptions in the Los Angeles area, with officials working to contain the blazes.