Latest news with #AhmedBoshnak


Web Release
18-04-2025
- Business
- Web Release
Bain & Company Strengthens Middle East Presence with New Regional Headquarters in Riyadh
By Editor_wr Last updated Apr 18, 2025 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. 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. Comments are closed.


Zawya
18-04-2025
- Business
- Zawya
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. (


Trade Arabia
17-04-2025
- Business
- Trade Arabia
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.'


Arab News
17-04-2025
- Business
- Arab News
Bain & Co. chooses Riyadh for regional HQ amid Saudi business push
RIYADH: US-based management consulting firm Bain & Co. has announced the opening of its new regional headquarters in Riyadh, as the Kingdom's capital continues to attract top global firms. The new office, located in the King Abdullah Financial District, marks Bain's third location in the Saudi capital and more than doubles the size of its previous space, the company said in a statement. Bain's move comes amid a broader wave of multinational companies establishing regional bases in the Kingdom, with nearly 600 international firms having set up regional headquarters in Saudi Arabia since 2021, including Northern Trust, Bechtel, PepsiCo, IHG Hotels & Resorts, PwC, and Deloitte, the Saudi Press Agency reported in March. Ahmed Boshnak, partner and head of Bain & Co.'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.' Riyadh's regional headquarters program offers incentives such as a 30-year corporate income tax exemption and withholding tax relief, alongside regulatory support for multinationals operating in the Kingdom. He added: '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 has served clients in the Middle East since 1990 and established its first regional office in the region in 2007. The firm's new headquarters reflects a long-term investment in both local talent and Saudi Arabia's economic transformation efforts. '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,' said Tom De Waele, Middle East managing partner at Bain & Co. 'We're grateful for the partnerships we've built in the market and are excited about what lies ahead,' he added. Founded in 1973, Bain & Co. has offices in 65 cities across 40 countries. It advises clients across various industries and has committed over $1 billion to pro bono work over the past decade. The expansion underscores Saudi Arabia's growing appeal as a strategic base for global firms looking to tap into regional opportunities, as the Kingdom advances its Vision 2030 economic diversification strategy.


Zawya
17-04-2025
- Business
- Zawya
Bain & Company strengthens Middle East presence with new regional headquarters in Riyadh
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. 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. About Bain & Company Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today's urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.