Page 71 - ELM- JANUARY & FEBRUARY 2023

2/16/23, 11:09 AM Elm Signs a Memorandum of Understanding with Taqeem | MENAFN.COM
February 6th to 9th. The purpose of this MoU is to utilize modern

electronic technologies, artificial intelligence, and sophisticated

software to improve and develop valuation outputs, enhance

valuation services, and boost the efficiency of Taqeem employees.

The agreement was signed by Elm's CEO, Dr. Abdulrahman bin

Saad Aljadhai, and Faisal bin Bader Al-Mandeel, Taqeem's

Secretary General.

Elm and Taqeem aim to establish a complementary relationship

based on enhanced partnership and coordinated cooperation to tap

into digital transformation. Elm utilizes its premier national expertise

and comprehensive solutions and products to expand reliance on

technological tools and digital systems, and thus improve

performance, productivity, and reliability across vital sectors.

"We are privileged to sign a MoU with Taqeem, to establish a road

map for productive bilateral cooperation in areas of mutual interest.

This indicates our common eagerness to employ digital solutions

and adopt governance frameworks as crucial pillars to enhance

process efficiency and service quality. This cooperation is critical as

it focuses on enhancing governance and transparency in valuation

and assessment across various industries. It also serves as a

blueprint for inter-organization collaboration to accelerate digital

transformation across different sectors thereby maintaining their

competitiveness and promoting growth", said Majid bin Saad Al-

Arifi, Elm's Spokesperson and Executive Vice President of

Marketing,

For his part, Mr Saad bin Sulaiman Al-Baiz, Taqeem's Director of

Communication and spokesperson, stated that signing this MoU is

https://menafn.com/1105576761/Elm-Signs-a-Memorandum-of-Understanding-with-Taqeem 2/3