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Alvarez & Marsal | News

An overview of Alvarez & Marsal news in the Middle East:

Faisal Tanvir joins Tax practice of Alvarez & Marsal in KSA Alvarez & Marsal has expanded its team in Saudi Arabia with the hire of Faisal Tanvir.
27 August 2024
Major UAE banks improve financials after year of high returns The financial position of major banks in the UAE improved last year, with the outlook for 2024 also favourable, according to the annual Banking Pulse report from Alvarez & Marsal.
26 February 2024
Alvarez & Marsal restructuring consultant detained in UAE A restructuring executive from global consultancy firm Alvarez & Marsal has been detained and subsequently released in the UAE earlier this week.
18 January 2024
‘COP28 can lead to global alignment funding to achieve net zero’ Companies that provide transparent climate-related disclosures and ESG reports are more likely to attract investors, says Ashley Taylor from Alvarez & Marsal.
03 December 2023
Syed Muhammad Naqi joins Alvarez & Marsal in Dubai Alvarez & Marsal has strengthened its team in the Middle East with Syed Muhammad Naqi, who arrives with over a decade of Big Four experience.
14 November 2023
Alvarez & Marsal joins Middle East's tax advisory landscape Alvarez & Marsal, a US-headquartered management consulting firm, has expanded its portfolio in the Middle East with tax services, as the firm aims to take on the large accounting-origin groups with w
14 September 2023
GCC business leaders forecast more financial distress ahead Seven out of ten CEOs and business leaders in the Gulf Cooperation Council (GCC) believe there will be more businesses experiencing financial distress in the next 12 months.
11 September 2023
Alvarez & Marsal delivers damning report on Lebanon's central bank A preliminary forensic report of Banque du Liban has painted a damning picture of Lebanon’s central bank, exposing a range of illegal and concerning practices that contributed to the nation’s dire fi
14 August 2023
PIF's financial crime chief Robin Roy joins Alvarez & Marsal The financial crime head of Saudi Arabia’s Public Investment Fund, Robin Roy, has joined one of the world’s leading management consulting firms.
26 July 2023
Financial distress in the GCC on the rise, finds Alvarez & Marsal Business leaders across the Gulf Cooperation Council (GCC) region are expecting more pressure to transform or restructure their businesses in a market likely to turn volatile in the short term.
27 May 2023
Faisal Shaikh and Hazim Almegren join Alvarez & Marsal Global consulting firm Alvarez & Marsal has strengthened its senior team in the region with two new Managing Directors: Faisal Shaikh and Hazim Almegren.
24 August 2022
Alvarez & Marsal launches new offices in Abu Dhabi and Riyadh Global management consultancy Alvarez & Marsal has simultaneously launched two new offices in the Middle East, adding Riyadh and Abu Dhabi to its existing footprint in Dubai.
08 August 2022
Waqas Ahmed, Tom Howitt and Ali Taher join Alvarez & Marsal Alvarez & Marsal has strengthened its financial advisory business in the Middle East with a team hire from a Big Four firm, spearheaded by Waqas Ahmed, and Tom Howitt and Ali Taher.
27 June 2022
Profitability of top 10 listed banks in the UAE recovers significantly The profitability of the UAE’s banking sector recovered significantly last year, according to a new report by Alvarez & Marsal, on the back of continued economic recovery and a raft of effective meas
21 March 2022
Sophia Addas on her career milestone at Alvarez & Marsal in Saudi Sophia Addas has recently hit a special milestone in her career, becoming the first woman to join the director ranks of Alvarez & Marsal in Saud Arabia.
08 March 2022
Global consultancy Alvarez & Marsal promotes Cam Coles in Dubai Global consulting firm Alvarez & Marsal has promoted Dubai-based team member Cam Coles to Managing Director.
24 January 2022
Embrace collaboration and tech for GCC mega-project success The GCC is currently witnessing growing activity in the real estate and construction sectors.
19 January 2022
Investors and private equity lift deal activity in UAE healthcare industry The number of deals in the UAE’s healthcare industry has jumped in the first half of 2021, as providers consolidate to meet changing market conditions and investors flock to the sector in search of h
16 November 2021
Alvarez & Marsal brings its Relativity partnership to the UAE Alvarez & Marsal has deepened its e-Discovery capabilities in the United Arab Emirates with the launch of its partnership with Relativity.
11 October 2021
With Lebanon's banking secrecy suspended, A&M resumes its audit Eight months after withdrawing from the engagement, global management consulting firm Alvarez & Marsal is set to resume its review of Lebanon’s central bank.
20 August 2021
Ali Ayach and Jatin Arora join Alvarez & Marsal as senior director Alvarez & Marsal has strengthened its Middle East team with two new Senior Directors. Both Ali Ayach and Jatin Arora join the global management consulting firm from a tier-one rival.
02 August 2021
A&M launches Transaction Advisory practice in MENA Global consulting firm Alvarez & Marsal has expanded its mantle in the Middle East with the launch of a Transaction Advisory practice.
07 April 2021
Alvarez & Marsal unveils ambitious growth plans in Middle East Enticed by a growing pool of restructuring clients in the Middle East and keen to serve Covid-impacted businesses, Alvarez & Marsal plans to double its headcount in the region over the next half a de
11 March 2021
Leading restructuring consulting firms ramping up in Gulf Specialist restructuring consulting firms are currently beefing up their numbers in the Middle East – in anticipation of widespread business struggles brought about by the coronavirus.
17 February 2021
Alvarez & Marsal adds senior quartet to Middle East team Alvarez & Marsal has ramped up its team in the Middle East with four high-profile hires: Paul Gilbert, Karim Benhameurlaine, Sumit Mittal and Sara Alom Ruiz.
14 February 2021
Paul Gilbert leads A&M's Middle East restructuring practice Bringing more than 25 years of experience to the region, Paul Gilbert has been named Head of Alvarez & Marsal’s Turnaround & Restructuring practice in the Middle East.
10 February 2021
Top US consultancy withdraws from 'crucial' central bank work Alvarez & Marsal has exited its role as consultant to Lebanon’s central bank, after a sustained standoff saw the financial institution withhold data citing bank secrecy.
26 November 2020
A&M, KPMG and Oliver Wyman start work at Banque du Liban Two months after announcing the deal, consultants and auditors from Alvarez & Marsal, KPMG and Oliver Wyman have finally hit the ground running in Beirut.
19 October 2020
Alvarez & Marsal to administrate NMC Healthcare in UAE Alvarez & Marsal’s (A&M) involvement in the NMC Healthcare case continues, as the firm is handed administration responsibilities for 36 of NMC’s operating businesses stretched across the United Arab
06 October 2020
A&M working on NMC Health's administration and turnaround Already the administrator for NMC Health’s holding company in London, Alvarez & Marsal has now been appointed to manage NMC Health’s administration in Abu Dhabi.
26 August 2020
Lebanon calls in trio of leading management consulting firms The Lebanese government has hired a trio of leading management consulting firms to audit the country’s embattled central bank.
22 July 2020
Digital is now non-negotiable, says A&M managing director Saeeda Jaffar With the fragility of physical infrastructure now laid painfully bare, the global coronavirus pandemic will accelerate the path to digital says Alvarez & Marsal Middle East managing director Saeeda J
17 April 2020

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