Bain & Company opens new regional headquarters in Riyadh
Bain & Company, a leading global management consultancy, has announced the opening of its new regional headquarters in Riyadh — a move that reinforces the firm's long-standing commitment to the kingdom and the wider Middle East.
The new space reflects Bain's continued investment in cultivating talent, supporting national transformation, and building even closer partnerships with clients across the region, the consultancy said.
Bain has worked alongside clients in the Middle East since 1990, helping to shape ambitious strategies and drive impact across industries. With the establishment of its first regional office in 2007, the firm deepened its on-the-ground presence — and over the years has earned a reputation as a trusted partner in many of the region's transformation programs.
The new Riyadh office marks Bain's third successive location in the city, underscoring the firm's long-term growth and continued investment in the capital. This latest move to a modern, state-of-the-art space in King Abdullah Financial District (KAFD) provides a dynamic environment for Bain's growing team. Inspired by Saudi Arabia's rich and diverse culture — with design elements reflecting its different regions — the office is designed to foster collaboration, innovation, and deeper client connection at the heart of the city's thriving business community.
Ahmed Boshnak, Partner and Head of Bain & Company's Riyadh office, said: 'This investment is a natural next step on our journey in Saudi Arabia. It's a reflection of the trust our clients have placed in us, the incredible talent we've been able to build, and our continued optimism about the market's future. Being in KAFD puts us closer to many of our clients, and the new space gives our team the right environment to collaborate, grow, and continue delivering meaningful results.'
Bain & Company's new Riyadh office more than doubles the footprint of its previous space, reflecting a significant upgrade in both scale and functionality. It incorporates the latest workplace technologies, including flexible hybrid workspaces, high-tech collaboration tools, and enhanced facilities to support both in-person and remote engagements. The design also reflects Bain's ongoing commitment to sustainability, with the space aiming to achieve the highest environmental standards, including LEED certification for energy efficiency and sustainable building practices.
Tom De Waele, Middle East Managing Partner at Bain & Company, added: 'Our region has always been a priority for Bain — and our presence in Riyadh, alongside our clients and teams, is a cornerstone of that. This milestone is about investing where it matters most: enabling us to be closer to and better serve our clients from the latest infrastructure in the heart of Riyadh, while also providing a state-of-the-art home for our exceptional and fast-growing Saudi team, as well as international experts visiting the Kingdom to support them. We're grateful for the partnerships we've built in the market and are excited about what lies ahead.'
Bain's new Riyadh office is located at King Abdullah Financial District (KAFD), Building 1.15, Level 41. – TradeArabia News Service
Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
11 hours ago
- Zawya
Saudi: Knowledge Net's board recommends 50% capital raise
Knowledge Net Company announced the board's recommendation for a 50% capital hike to SAR 52.50 million from SAR 35 million. The Saudi firm will grant one bonus share for each two owned shares, according to a bourse disclosure. Following the transaction, the new capital will be distributed over 5.25 million shares, instead of 3.50 million shares. Knowledge Net will capitalize SAR 17.50 million from the retained earnings account. The board member proposed the capital raise to support the company's growth plans, meet future expansion needs, and reinforce its financial solvency and strong financial position. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Web Release
11 hours ago
- Web Release
The Ministry of Investment for Saudi Arabia shows support for new health and fitness event
The Ministry of Investment for Saudi Arabia and its Sport Sector Team have signed an investment agreement with RX Arabia to support the successful launch of FIBO Arabia in the Kingdom, which will debut at the Riyadh Front Exhibition & Conference Center from 1-3 October 2025. The sports and fitness industry in Saudi Arabia continues to gain considerable momentum. Organised by RX, a global leader in events and exhibitions, and under the theme for a strong and healthy society, FIBO Arabia is already 60% sold out following a successful sales launch at FIBO's flagship tradeshow in Cologne, Germany last month. There, 1,200 exhibitors and partners from 60 nations and 154,748 visitors from 129 countries were welcomed. The launch of FIBO Arabia coincides with the Saudi government's significant support for investing in the country's sports sector as part of the Kingdom's 2030 strategy to diversify its economy. The government aims to increase sports spending by US$22 billion by 2030, encompassing sports clubs, academies, sportswear and equipment, and sports facilities. Vasyl Zhygalo, Managing Director, Middle East and Emerging Markets, RX: 'We are honoured that the Ministry of Investment for Saudi Arabia is supporting the launch of FIBO Arabia. This underscores the importance of health and fitness to the Saudi Arabian government and highlights its investment-friendly attitude towards overseas entrepreneurs and progressive companies that want to invest in their health and fitness sector.' The country's focus on becoming a global sports hub is underscored by the announcement of major events to take place in Saudi Arabia, including the 2034 FIFA World Cup, the 2027 AFC Asian Cup, and the 2029 Asian Winter Games, which will provide a significant boost to its position as a global sports hub. Furthermore, according to Gymnation, which operates a chain of fitness centres in Saudi Arabia and the UAE, the Saudi fitness market is expected to grow at a compound annual growth rate (CAGR) of 9.7% between now and 2032 when the health and fitness market is projected to be worth US$2.28 billion. The growth in the market is largely attributed to government initiatives aimed at enhancing the population's quality of life and promoting physical activity, as well as a rise in health consciousness among the population. Basim K. Ibrahim, Sport Sector Investment Development Director, Ministry of Investment for Saudi Arabia, added: 'FIBO Arabia represents a pivotal platform in advancing Saudi Arabia's Vision 2030 goals by promoting a culture of fitness and wellness while also highlighting the Kingdom's growing potential as a hub for investment within this sector. With increasing emphasis on exercise, sports, and wellbeing across the Kingdom, the event provides a vital opportunity for international and local brands to showcase the latest innovations and technologies in the industry. We look forward to the positive impact FIBO Arabia will have on our communities and the exciting prospects it will unlock for the future.' Professional development will be a key focus of the show, with FIBO Arabia hosting a series of expert-led workshops, seminars, and keynote sessions. These continuing education opportunities are designed to equip attendees with the tools, insights, and certifications needed to thrive in today's rapidly evolving fitness and wellness landscape. From innovation and education to networking and live engagement, FIBO Arabia 2025 promises to be a must-attend event for anyone passionate about shaping the future of health, fitness, and wellness in the Middle East and beyond. For more information on FIBO Arabia, please visit
Broadcast Pro
13 hours ago
- Broadcast Pro
Zee Entertainment unveils transformation into content and technology powerhouse
As part of this strategic transformation, the company unveiled a new and dynamic brand universe for its next phase of growth. Zee Entertainment Enterprises Ltd. ('Z') has announced a significant transformation, repositioning itself as a cutting-edge Content and Technology Powerhouse with a renewed focus on delivering premium content and immersive consumer experiences across entertainment platforms. This strategic pivot reflects the Company's forward-looking vision, as it seeks to drive enhanced performance, profitability, and sustainable growth through innovation and digital integration. In a bold step marking this transformation, Zee introduced a dynamic new brand universe aimed at propelling the company into its next phase of growth. This brand refresh encapsulates Zee's strong ambitions for the future, underpinned by its commitment to continuous innovation and value creation. With a modern design and futuristic appeal, the brand embodies the spirit of a young and emerging India—ambitious, agile, and optimistic. The redesigned identity reflects the Company's deep-rooted legacy, innovative mindset, and future-ready approach, reinforcing its long-standing relationship with consumers over the past three decades. Through this evolution, Zee aims to inspire trust and deliver rich, meaningful entertainment experiences globally, while integrating advanced technology across its content creation, distribution, and monetisation ecosystems. The unveiling of the new brand universe took place during the Zee Cine Awards 2025, with CEO Punit Goenka leading the launch in the presence of industry stalwarts and stakeholders. As part of this strategic rollout, all Zee channels and platforms officially adopted the new branding on June 7, 2025, coinciding with the televised event. Sharing his thoughts on the new brand universe, Punit Goenka, CEO, Zee Entertainment Enterprises Ltd. said: 'As we embark on a phase of growth backed by a robust focus on content and technology, the new look envisioned for the Company is futuristic, dynamic and agile; which is a firm representation of our team's capabilities to capitalize on the emerging opportunities. It also reflects our commitment to embrace emerging technologies to enhance the overall consumer experience. The new brand universe underscores our bold spirit and resolve to remain agile and adaptive in a fast-evolving landscape. Our brand promise of 'Yours Truly, Z' reflects the Company's consumer-centric approach and its commitment to consistently deliver meaningful entertainment experiences. The brand pillars have been crafted in line with our rich value system, and will serve as our north star, guiding the Company in achieving the targeted aspirations to build a robust growth trajectory for the next century. We firmly believe this new approach exemplifies our relentless pursuit for excellence by taking accountability for results and innovating to deliver purposeful business outcomes.' Amit Goenka, President, Zee International, Digital Business & Platforms, remarked: 'This new chapter in Z's journey reflects our ambition to lead the next era of global entertainment. By blending creativity with cutting-edge technology, we are unlocking new possibilities across markets, delivering content that resonates across borders and generations.' In the letter written to its valuable viewers, 'Z' expressed: 'I promise to make you laugh louder, dream bigger and feel more deeply in every moment and through every experience. After all, life is not about counting the beats of your heart, but counting the moments that make your heart beat!' Expressing gratitude towards the employees, 'Z' said, 'The magic that we bring alive together is unmatched. But the most beautiful part of our story is not what we have achieved together, but the journey we have undertaken to achieve it. You are not just a part of this journey; you are the journey. Let us keep narrating stories that matter, creating moments that last and shaping a future that shines as brightly as you do!' The new brand design incorporates vibrant hues and a cohesive visual identity that captures India's cultural richness while embracing a global outlook. This visual transformation supports the brand's architecture, resonating deeply with audiences across languages and regions. Zee's transformation is anchored by three core pillars: Purpose, Vision, and Mission. Its stated purpose is 'to enrich the lives of people around the world by creating extraordinary moments, which celebrate the power of optimism and togetherness.' The vision reflects a drive to 'bring about a positive change in people's lives through purposeful entertainment,' while the mission commits to 'creating value for all stakeholders with a sharp focus on delivering world-class infotainment.' With over 30 years of legacy as a pioneering Indian media brand, Zee is reaffirming its leadership role in the entertainment sector. By enhancing capabilities across its business and integrating innovative technology into its operations, Zee is positioning itself at the forefront of a rapidly evolving industry, set to redefine the future of entertainment on a global scale.
