Big Four firm EY has expanded its legal offering in the Middle East with the launch of a new 10-strong team in Saudi Arabia.
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Saudi Arabia
The economy of Saudi Arabia is undergoing a major cross-sector transformation, with many sectors expected to experience a major boom in the coming years. Tourism, healthcare, hospitality, retail, energy, and manufacturing, to name a few, have attracted large investments, and are set to thrive and expand during the coming period.
Arthur D. Little (ADL), the leading management consultancy firm with the longest-standing presence in the Middle East region, is solidifying its commitment to education and training through AFAQ, a 12-month program now in it’s second year that prepares emerging Saudi talent for careers in the consulting industry.
JLL, a global leader in the real estate sector, has appointed Saud Mohammed Alsulaimani as its new Country Head for Saudi Arabia.
The rise of new payment services and technology providers has been nothing short of disruptive, driven by an era of consumer centricity, and accelerated by the Covid-19 pandemic. Faisal Sana, a Senior Director at KPMG, outlines how the payments revolution in Saudi Arabia is paving the way for banking opportunities.
Saudi Arabia is currently the world’s ninth most advanced country for digital skills, according to the World Economic Forum’s latest Global Competitiveness Report. Keen to expand on its excellence, the country’s Ministry of Communications and Information Technology is unrolling a range of key initiatives as part of a five-year roadmap.
KPMG has promoted Tareq Al-Sunaid to Head of its Tax division for Saudi Arabia and Levant.
One of KPMG’s three main divisions (alongside Assurance and Advisory), the Tax practice advises corporates on all kinds of taxation matters including corporate tax, transfer pricing, indirect tax, and customs and excise tax.
International data science consultancy Artefact has launched a new office in Saudi Arabia, its second hub in the Middle East.
Global strategy consulting firm Roland Berger has unveiled a significant growth ambition in Saudi Arabia, as the firm seeks to expand its support of the Kingdom’s Vision 2030.
Global operations and supply chain consulting firm Argon & Co has launched a new office in Riyadh, its second in the Middle East.
Saudi Arabia’s e-commerce market has witnessed rapid growth in recent years, with sales increasing by more than 30 percent on average annually, according to a report by Boston Consulting Group and Meta.
Riyadh-based Dina Abo-Onoq is a Managing partner at IBM and the Saudi Arabia Country Leader of the recently formed IBM Consulting. She explains how the tech giant and its consulting division is supporting the Kingdom’s vision for the future and meeting the needs of clients and society worldwide.
Global real estate consultancy Knight Frank has launched its retail property consultancy team in Saudi Arabia, bringing Pedro Ribeiro on board as a partner to lead the new offering.
Saudi Arabia launched an ambitious 12 trillion riyal ($3.2 trillion) program on Tuesday to boost the role of the private sector in diversifying the economy, increasing resilience and supporting sustainable growth.
Saudi Arabia has been pushing foreign firms to invest in the kingdom and set up regional headquarters in Riyadh.
Saudi Arabia’s decision not to award government contracts to companies with regional headquarters outside the kingdom is in line with its broader economic agenda of creating employment and developing a knowledge-based economy.
Consultants for western business advisory companies have been flocking to Saudi Arabia — particularly since 2016, when Crown Prince Mohammed bin Salman launched his economic reform plan. His aim was to wean the kingdom off its dependence on oil revenues.
In a new study by Al Aghar and Kearney, the report’s authors highlight that Saudi Arabia has the potential to emerge stronger from the current crisis, ultimately providing its businesses and people with a better post-Covid-19 future.