Middle East accounting and advisory firms joins networks

Global professional services networks Allinial Global, Kudos International, MSI Global Alliance and Integra International have in the past weeks expanded their coverage in the Middle East.

In Kuwait, The Professionals for Consulting Services has affiliated with Allinial Global, an American-origin association of firms with over 28,000 staff generating revenues of $4.8 billion worldwide. 

Established in 2017, The Professionals for Consulting Services is a firm that provides a variety of business, tax, and IFRS advisory services to clients including public companies listed on Kuwait’s stock exchange, and small and medium-sized private and family businesses. The consulting firm serves clients in several industries, ranging from telecommunications and financial services to manufacturing and retail.

Terry Snyder, the President and CEO of Allinial Global, said that he is proud with the addition of the Kuwait-based firm.

In the region’s largest economy of Saudi Arabia, Riyadh-based Al-Salama has been accepted as a new member of the Kudos International network. “We wanted to join Kudos as we feel that their focus on quality control is important in improving the profile of our firm and in opening up new opportunities for our clients,” said Hasan Ahmed, one of the two Directors at Al-Salama alongside Ahmed Fahmy.

Launched in 1991 by company founder and managing partner Mohamed Al Salama, the Saudi firm specialises in audit and assurance; tax advisory, advisory, internal audit, risk management and forensic services.

Michael Scott, Executive Director at Kudos International: “The Kingdom of Saudi Arabia is an important country for us to have representation in. We are pleased to bring Al-Salama into the network.” 

Also in Saudi Arabia, Ibrahim Ikhtaby Audit Bureau has become a member of Integra International. The firm, which is based in Jeddah and has two partners and 26 staff, provides audit, accounting, tax and business consulting services as well as corporate finance, mergers and acquisitions, liquidations, investment advice and training.

Meanwhile, in Lebanon, currently one of the most watched countries in the world following the August 4th blast in Beirut’s harbour, CBN has joined MSI Global Alliance. The network’s CEO Tim Wilson said, “I am delighted to welcome CBN to our association. They join us during challenging times when sharing best practice and forging mutually beneficial business relationships has never been more important.”

From its base in Beirut, CBN helps its clients with auditing, accounting, tax and management consulting services. The company is a member of the Lebanese Association of Certified Public Accountants.

In June, SFAI, another worldwide accounting and consulting network, added member firms in Bahrain, Jordan, Kuwait and Yemen.