Arab Press

بالشعب و للشعب
Friday, Jun 20, 2025

Bain & Company accelerates its growth in the Saudi market

Bain & Company accelerates its growth in the Saudi market

The economy of Saudi Arabia is undergoing a major cross-sector transformation, with many sectors expected to experience a major boom in the coming years. Tourism, healthcare, hospitality, retail, energy, and manufacturing, to name a few, have attracted large investments, and are set to thrive and expand during the coming period.
Take, for instance, the Saudi healthcare sector. In July 2022, Saudi healthcare operator Almeswak took a remarkable step and concluded a $530 million deal with UAE-based Gulf Islamic Investments (GII). Similarly, the Kingdom’s Tourism Development Fund (TDF) announced the setting up of a $400 million hospitality investment fund in collaboration with the UK-based developer Ennismore and Al Rajhi Capital. Meanwhile, huge infrastructure projects are under way. It’s safe to say that Saudi Arabia is envisioning a promising future.

We at Bain & Company believe that we have an important part to play in building this future. We are well-positioned to play a major role in advancing Saudi Arabia’s economic diversification programs and helping the Kingdom achieve Vision 2030.

Our expansion into Saudi Arabia is largely motivated by the constant growth of the Saudi economy, which witnessed this year one of the highest growth rates (12.2%) in Q2 in the world. We consider the Saudi market — the largest in the region — as key for any consulting firm operating across the GCC. Bain has been serving clients in Saudi Arabia since 1993 and is currently in the process of further growing its client base across the Saudi private and public sectors.

Since the launch of the ambitious Saudi Vision 2030, Bain has been supporting the roles of many government agencies in achieving the Vision’s goals, by formulating specific strategic priorities and initiatives. We’ve worked with business and government leaders on transformation programs across many sectors, including human capital development, enhanced sustainability, and the creation of new industries, all as part of our goal to create benefits for the Saudi society.

Today, we are primarily focused on helping our clients in the Saudi public sector roll out and implement their strategies through actual pilot and execution programs, allowing them to achieve tangible and value-add results.

Bain’s growth in the Kingdom was reinforced by the firm’s alignment with the Saudi Green Initiative, which is grounded in our established Sustainability and Responsibility consulting service and our long-standing experience in this area. We intend to leverage our expertise to support the initiative’s goals and ambitions, by helping our stakeholders incorporate sustainability in their core strategies and translate their goals into actionable projects.

At Bain, we believe in leading by example and have therefore remained deeply committed to maintaining environmental standards in everything we do. Over the past 11 years, we’ve managed to reduce our Scope 1 and 2 direct emissions by 84%, by converting to 100% renewable electricity, improving the energy efficiency of our offices, and finding innovative solutions for our operations.

This year, we announced an industry-leading move to achieve net-negative carbon status in 2022. The company will support nature-based projects to remove more than 100% of its 2021 scope 1, 2, and 3 carbon emissions, and aims at maintaining a net-negative status every year going forward.

Additionally, we are offering an accelerated and specialized, post-graduate-level global ESG training program, to upskill all our consultants across the firm worldwide.

The Further Academy programme, in partnership with world-class universities and business schools, including Imperial College Business School (London), Massachusetts Institute of Technology (MIT) and HEC Paris, will equip each consultant to advise on ESG issues within their areas of expertise, ensure that an understanding of ESG risks and opportunities is at the heart of every client brief – and deliver on our firm’s own, ambitious sustainable development goals.

These steps demonstrate our commitment to sustainability and the priority that we place on minimizing the environmental impact of our global business operations.

Getting back to our main subject, much of our efforts have recently been focused on attracting and hiring young Saudi talent. This is why, for the past three years, Bain has been a strategic partner to the prestigious Misk fellowship program, which aims at identifying, developing, and accelerating globally-competitive young Saudi talent.

Our support for this program includes providing mentorship and training programs for more than 150 Misk fellows and offering internships and full-time jobs for aspiring graduates.

Bain’s culture is world-famous, and the firm is known for its diverse, equal, and inclusive work environment. We are certain that we will attract ambitious and highly qualified Saudi talent. We rank as one of the top companies to work for, and can without a doubt offer new talents the opportunity to expand their skills and advance their careers.

The Saudi economy is set to be the world’s fastest-growing major economy in 2022. We believe that we have a significant role to play in helping Saudi Arabia achieve its strategic goals and ambitions. In return, the Kingdom’s growing market and booming economy offer great potential for Bain’s expansion across the GCC and our global business growth.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Saudi Arabia Faces Uncertainty Over Succession After Mohammed bin Salman
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Majority of French Voters View Macron's Presidency as a Failure
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
Businessman Mauled by Lion at Luxury Namibian Lodge
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
Head of Gaza Aid Group Resigns Amid Humanitarian Concerns
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
×