James Dervin, A&M's managing director in the Middle East and co-head in the region, stated that this decision reflects the company's commitment to long-term growth and transformation in Saudi Arabia.

Dervin described A&M's strategic vision as focusing on bringing the firm's differentiated, execution-focused proposition to a market experiencing increased demand for strategy implementation.

The establishment of the regional headquarters took around 12 months to complete.

A&M, a global professional services firm, has established a regional headquarters in Riyadh, Saudi Arabia, in response to the country's new rule requiring foreign companies to have local bases to win contracts.

This rule has led to an influx of international firms setting up headquarters in Riyadh across sectors like energy, technology, healthcare, and hospitality.

James Dervin, A&M's managing director in the Middle East and co-head in the region, stated that the company has experienced significant growth in Saudi Arabia and this move reflects their long-term commitment to the market.

A&M differentiates itself in a competitive market by focusing on action-oriented results.

They offer a range of services including restructuring, turnaround, performance improvement, and more, catering to various business needs in Saudi Arabia.

A&M works across the spectrum of underperformance and provides advisory or executive support, including taking on management roles, which is not commonly offered by competitors.

Their proposition is about achieving results, not just thinking about ideas or auditing.

The text highlights the rapid development of the Kingdom's market and the significant role of its visionary leadership.

The implementation of the progressive 2018 bankruptcy law has provided tools for business rescue and minimized liquidation.

The new Companies Law and the growing sophistication of capital markets make the Kingdom an attractive hub for foreign investment.

The bankruptcy law has influenced the UAE's equivalent legislation and has contributed to the region's development.

A&M's CEO, Bryan Marsal, has commented on the alignment of the firm's global brand with the local market in Saudi Arabia following the establishment of their regional headquarters.

The Saudi Arabian transformation is driving demand for A&M's problem-solving services due to their ability to fix issues, lack of audit conflicts, and expertise in corporate rescue, turnaround, and performance improvement, which are virtually unparalleled in the region.

A&M is also committed to supporting Saudi youth employment programs, such as the Bidayah Graduate Program, in line with Vision 2030.

A&M's managing director, Dervin, expressed pride in the Bidayah program, a pioneering graduate training initiative for the company from a youth development perspective.

The program provides exceptional Saudi graduates with rotating roles across the business, aiming to give them a broad experience and exposure to opportunities within the firm and the market.

A&M hopes to contribute to the personal and career development of young Saudis, who play a significant role in the Kingdom's economic and societal growth.

The company plans to strengthen its partnerships with local universities and educational institutions to further empower Saudi graduates.

Dervin, a representative from A&M, expressed the company's goal to prepare new graduates for successful careers by partnering with organizations in Saudi Arabia.

The specifics of these partnerships and their impact on developing future Saudi business leaders will be shared later.

A&M values the contribution of young Saudi professionals to the company's growth and success as it expands in Saudi Arabia.

Over 180 major global companies, including Apple, Microsoft, and Alibaba, have set up regional headquarters in Riyadh.