GENERAL DIRECTORATE OF STATE OWNED CORPORATIONS

Directorate of Valuation, Settlement, and Auction

Key Responsibilities

1. Asset Valuation

The directorate determines the value of government and organizational assets by analyzing market conditions, evaluating asset quality and usability, and preparing official valuation reports to ensure accurate and fair pricing.

2. Debt Settlement

The directorate manages and settles outstanding debts by coordinating with relevant parties, verifying financial records, and proposing appropriate solutions for unresolved accounts to ensure financial balance and compliance.

3. Auction Management

The directorate organizes and supervises auction processes by establishing clear procedures, ensuring transparency and legal compliance, and recording and certifying final auction results for official documentation.

Core Services

Asset Pricing

The directorate determines fair market values of assets by analyzing market trends, evaluating conditions, and preparing structured pricing reports for decision-making.

Auction Announcements

The directorate publishes official auction notices, informs the public about available items, and manages auction schedules and procedures in a transparent manner.

Debt Collection

The directorate manages debt recovery activities by coordinating with debtors, monitoring repayment processes, and preparing detailed collection reports for financial control.