Saudi Press

Saudi Arabia and the world
Saturday, Jul 05, 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

Saudi Press
0:00
0:00
Close
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
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
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
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
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
UK Deploys Jets to Middle East Amid Rising Tensions
×