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M&A advisors advise off-price retailer Brands For Less on mega deal with TJX
UAE-based retailer Brands For Less has agreed to sell a 35% stake to The TJX Companies, in a $360 million deal that values the off-price retailer at $1.2 billion.
27 August 2024
AFCM partners with Sustainable Square on driving ESG progress
The Arab Federation of Capital Markets (AFCM) has signed a memorandum of understanding with Sustainable Square, with the aim of collaborating on initiatives that advance the adoption of ESG and susta
31 May 2024
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
Lebanon and UAE lead global curiosity in AI cryptocurrencies
As people in Lebanon look to alternative means of making ends meet, many are turning to crypto investment – with a new report suggesting Lebanon now leads the world in terms of AI cryptocurrency curi
26 July 2023
KPMG elects new board for Saudi Arabia, Jordan, Lebanon and Iraq
KPMG has elected a new Board of Directors for its Saudi Arabia organisation, which further oversees the countries of Jordan, Lebanon, and Iraq.
25 May 2023
Arthur D. Little elects new partners in Beirut and Dubai offices
Global management consulting firm Arthur D. Little has promoted eleven company members to partner across its global footprint, including three in the Middle East.
12 April 2023
INDEVCO Consultancy helps businesses meet the UN’s SDGs
INDEVCO Consultancy supports clients achieve business excellence with a range of consultancy services, including sustainability strategy and governance.
31 January 2023
Artefact launches talent hub in Lebanon's capital Beirut
Artefact, an international consulting firm specialised in digital marketing and data transformation, has launched a new office in Lebanon.
22 December 2022
Deloitte helps UNICEF in Lebanon with digital skills building program
UNICEF has launched a new Deloitte backed program in Lebanon aimed at providing young Lebanese men and women with the skills needed to kickstart a successful career in the world of digital.
07 October 2022
Lebanon the ‘angriest’ nation on Earth, Afghanistan the ‘saddest’
In the wake of a decade-long war, and the return of Taliban rule, polling has discovered that Afghanistan is the ‘saddest’ and ‘most stressful’ country in the world.
12 August 2022
PwC takes stake in homegrown AWS consulting partner Zero&One
Big Four firm PwC has taken an undisclosed stake in Zero&One, one of the leading Amazon Web Services (AWS) Premier Consulting Partners in the region.
20 June 2022
Top consultant Walid Fayad is Lebanon’s Minister of Energy and Water
In September, Lebanon’s political class finally put political bickering aside to install a new government, with the nation still in the grip of a severe economic and energy crisis.
16 November 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
McKinsey supports Syrian refugee children with education (and cricket)
Global management consultancy McKinsey & Company has been supporting the Alsama Project in Lebanon to provide education to Syrian refugee children, including in the sport of cricket.
10 August 2021
Crisis-stricken Beirut becomes world's third most expensive city
The sustained crises of Lebanon have seen the nation’s capital become one of the world’s most expensive places for migrant workers to live, according to a new report.
25 June 2021
INDEVCO Consultancy recognised for customer experience services
Beirut-based consulting firm INDEVCO Consultancy has cemented its leading position in the customer experience space, bagging a global certification and regional award in the past period.
12 April 2021
How Roland Berger helps young strategy consultants learn fast
The strategy consulting sector is renowned for its steep learning curve and entrepreneurial spirit.
08 April 2021
Strategy& partners with Facebook on Lebanese SME initiative
Facebook has launched a new initiative to support struggling small- and medium-sized businesses in Lebanon.
17 March 2021
Beirut brings in German consultants for harbour redevelopment
Lebanon has called on two German consultancies – Roland Berger and Hamburg Port Consulting – to lead redevelopment efforts for the Port of Beirut, after a devastating explosion destroyed the harbour
04 December 2020
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
Lebanon follows McKinsey advice and legalises cannabis farming
Two years after a McKinsey & Company report laid out the benefits, Lebanon has legalised cannabis farming for industrial and medicinal use in a bid to earn much-needed revenue.
23 October 2020
A Lebanese is the new Global CEO of Kantar: Alexis Nasard
WPP subsidiary Kantar has a new CEO: Alexis Nasard. The Lebanese-origin chief executive officer leads a team of than 30,000 employees working in over 80 countries.
19 October 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
PwC acquires SAP enterprise consulting business of Tyconz
PwC has acquired the Enterprise Business of Tyconz, one of the Middle East’s leading SAP implementation and technology partners.
06 October 2020
US sanctions Lebanese consulting firm 'directed by Hezbollah'
The United States has imposed far-fetching sanctions on Arch Consulting, a Beirut-based engineering consulting firm.
18 September 2020
Economic damages of Beirut explosion over $20 billion
While a month has passed since Lebanon was left reeling from a colossal explosion in its capital city, a new report has found that there is still a huge shortfall in funding for the rebuilding of Bei
16 September 2020
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.
14 August 2020
Lebanon's FFA Private Bank teams up with Ankura
FFA Private Bank, a Lebanese bank specialised in capital markets and wealth management, has teamed up with global management consultancy Ankura to launch a new offering for the country’s banking indu
11 August 2020
The top Microsoft partners in the Middle East & North Africa
Microsoft has unveiled the consulting firms and digital transformations firms that have won a Partner of the Year Award.
23 July 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
One fifth of Middle East bank holders now use FinTech solutions
A Deloitte survey across nine key markets in the Middle East has found that despite a growing willingness to adopt FinTech solutions, only just over 20% of banking services customers currently use Fi
08 July 2020
Lebanon’s unemployment rate surges past 30% amid meltdown
Against a backdrop of what is the country’s worst economic crisis in history, Lebanon’s unemployment rate has surged past the 30% mark, according to the latest estimates from a Lebanese consulting fi
30 June 2020
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