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 minister holds talks with Chinese, EU officials on climate, global issues 

Updated 25 May 2025
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Saudi minister holds talks with Chinese, EU officials on climate, global issues 

RIYADH: Saudi Arabia's Minister of State for Foreign Affairs and Climate Envoy Adel Al-Jubeir received China's Special Envoy for Climate Change Liu Zhenmin in Riyadh on Sunday.

During the meeting, they discussed strengthening cooperation in climate action and environmental conservation, along with other topics of mutual interest.

Both officials also reviewed the Kingdom’s ongoing initiatives and achievements in this field, the Saudi Press Agency reported.

In a separate meeting, Al-Jubeir received the deputy secretary-general for political affairs at the European External Action Service, Olof Skoog, and his accompanying delegation.

The meeting reviewed international developments and the efforts being made to address them, in addition to discussing topics of mutual interest.


Sheikh Saleh bin Humaid to deliver Arafah sermon during Hajj 2025

Sheikh Saleh bin Humaid will deliver the Arafah sermon during this year’s Hajj. (@PRAGOVSA)
Updated 25 May 2025
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Sheikh Saleh bin Humaid to deliver Arafah sermon during Hajj 2025

  • The day of Arafah (the 9th of Dhul Hijjah) is widely considered the pinnacle of Hajj, marking the most important day for pilgrims
  • The sermon is delivered from Masjid Al-Nimra on Mount Arafat before Dhuhr and Asr prayers are performed together on Dhul Hijjah 9

RIYADH: Sheikh Saleh bin Humaid will deliver the Arafah sermon during this year’s Hajj, the Presidency of Religious Affairs announced on Sunday.

The day of Arafah (the 9th of Dhul Hijjah) is widely considered the pinnacle of Hajj, marking the most important day for pilgrims. Muslims around the world who are not performing the pilgrimage mark the day by fasting and engaging in worship.

The sermon is delivered from Masjid Al-Nimra on Mount Arafat before Dhuhr and Asr prayers are performed together on Dhul Hijjah 9.

Head of Religious Affairs of the Grand Mosque and the Prophet’s Mosque Sheikh Abdulrahman Al-Sudais thanked King Salman and Crown Prince Mohammed bin Salman for the appointment.

The appointment underscores the Kingdom’s global religious leadership, reflects its continued support for religious institutions, and exemplifies the leadership’s care for the two holy mosques, the presidency said.


Saudi deputy FM receives EU official in Riyadh

Updated 25 May 2025
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Saudi deputy FM receives EU official in Riyadh

  • A meeting was also held as part of the third round of political consultations between Saudi Arabia and the EEAS

RIYADH: Saudi Deputy Minister of Foreign Affairs Waleed Elkhereiji received Olof Skoog, deputy secretary-general for political affairs at the European External Action Service, and his accompanying delegation, in Riyadh on Sunday.

During the meeting, they discussed bilateral relations between the Kingdom and the EU and other topics of common interest, the Foreign Ministry wrote in a post on X.

A meeting was also held as part of the third round of political consultations between the Kingdom and the EEAS. Senior officials from both sides participated in the session, chaired by Raed bin Khalid Qarmli, director-general of the general directorate of policy planning at the Saudi Foreign Ministry, with Skoog representing the European side.

 


Pakistani ambassador to Saudi Arabia meets with CEO of Diriyah Gate Development Authority

Ahmad Farooq, Pakistan’s ambassador to Saudi Arabia, meets with Jerry Inzerillo, CEO of Diriyah Gate Development Authority.
Updated 25 May 2025
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Pakistani ambassador to Saudi Arabia meets with CEO of Diriyah Gate Development Authority

  • The meeting focused on strengthening Saudi-Pakistani ties in the field of heritage and culture

RIYADH: Ahmad Farooq, Pakistan’s ambassador to Saudi Arabia, met with Jerry Inzerillo, CEO of Diriyah Gate Development Authority in Riyadh.

The meeting focused on strengthening Saudi-Pakistani ties in the field of heritage and culture, the Pakistani Embassy wrote in a post on X on Sunday.

The ambassador presented Inzerillo with a painting from his own Diriyah-themed series, created to celebrate the Kingdom’s history and heritage.

He also presented him with a made-in-Pakistan FIFA-standard football “symbolizing Pakistan’s craftsmanship and the mutual spirit of friendship.”


Saudi reserve engages pilgrims on biodiversity

Updated 25 May 2025
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Saudi reserve engages pilgrims on biodiversity

  • Pilgrims were welcomed at Al-Shuqaiq in the Jouf region, where more than 4,000 gifts reflecting the reserve’s history and conservation efforts were distributed

RIYADH: Hajj pilgrims arriving in the Kingdom by land were introduced to projects and initiatives of the King Salman bin Abdulaziz Royal Reserve Development Authority.

The initiative aims to enhance biodiversity, restore vegetation and breed endangered species to create a more sustainable natural environment.

The authority also distributed educational brochures to raise awareness about environmental preservation, the Saudi Press Agency reported.

Pilgrims were welcomed at Al-Shuqaiq in the Jouf region, where more than 4,000 gifts reflecting the reserve’s history and conservation efforts were distributed.

Visitors were informed about the reserve’s environmental heritage, biodiversity, and commitment to sustainable ecological stewardship, the SPA added.

The authority works to preserve biodiversity by protecting habitats and creating safe environments for wildlife and plants to thrive.

Its achievements include planting more than 2.4 million trees, scattering four tonnes of native seeds and rehabilitating 250,000 hectares of degraded land.

The reserve hosts more than 290 documented bird species — about 58 percent of those recorded in the Kingdom — and includes five internationally recognized important bird areas.

Covering 130,700 sq. kilometers, the King Salman Reserve is the largest natural terrestrial reserve in the Middle East, spanning four administrative regions: Jouf, Hail, Northern Borders, and Tabuk.