Consulum expands in Saudi Arabia and attains RHQ licence

27 February 2024 Consultancy-me.com 2 min. read
Profile

Following a decade of doing business in Saudi Arabia, global government advisory firm Consulum has ramped up its presence and established a regional headquarters in Riyadh.

London-headquartered Consulum helps government leaders and organisations with driving change at the intersection of strategy, policy and communications to foster economic and social development, and with enhancing the reputation of governments and leaders on the world stage.

With three of its six offices based in the region, the Middle East is a key market for Consulum. Signalling its intent in the Saudi market, Consulum has now both moved into a larger office in the Kingdom, and attained a regional headquarters (RHQ) license from the Ministry of Investment.

Consulum expands in Saudi Arabia and attains RHQ licence

Nader Naamani (left) and Stuart Walker (right)

Now located at the heart of King Abdullah Financial District (KAFD), Consulum aims to further its growth trajectory in the Kingdom, said Nader Naamani, Partner and Head of Consulum in Saudi Arabia. “The new office is a platform for us to continue collaborating, innovating, and celebrating success together. We’re even closer to our clients and immersed in their aspirations towards Vision 2030 and beyond.”

Stuart Walker, Chief Operating Officer of Consulum, stated that the expanded office marks a significant milestone for the firm, further solidifying its presence in a key and fast-growing market.

On the back of massive investments flowing out of Vision 2030, Saudi Arabia – now the world’s 19th economy – is home to the region’s most ambitious growth and transformation plans, offering major opportunities for professional services firms to contribute to the vibrant government and business landscape.

One of the regions’ leading consultancies to government institutions, Consulum is playing a role at the forefront. “With a total commitment to excellence in all aspects of our work, we always go the extra mile to help our clients achieve their goals,” said Ryan Coetzee, Chief Executive Officer of Consulum.

Underpinning its growth ambition is its fresh regional headquarters status. “Establishing our regional headquarters in Riyadh demonstrates our unwavering commitment to Saudi Arabia,” said Walker.

Launched in 2021, Saudi Arabia’s regional headquarters program aims to attract multinational companies to set up their headquarters in Saudi Arabia and position the kingdom as a leading commercial, industrial and investment hub for the MENA region. Effective since the 1st of January 2024, having a regional headquarters is beneficial for conducting business with state bodies, and provides special tax incentives.

Consulum’s other offices are based in Dubai and Bahrain, and London, Cape Town, and Kuala Lumpur. The firm was founded in 2012 and has a team of around 140 staff.