The 10 Top Consulting Firms in the Middle East might surprise you! For the purposes of this article, we’re defining the Middle East as Turkey, Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates, and the Sultanate of Oman. This unique and culturally rich region provides some excellent consulting opportunities, and world-class companies are increasing their presence in the Middle East, especially around finance and public sector consulting.
It’s purely optional to listen to ‘Desert Rose’ by Sting while checking out our rankings. Make sure you read to the end of the article to see our honorable mentions list of the top 5 boutique consulting firms in the Middle East!
Ask any consultant about the Middle East, and Booz (now Strategy&) will be the first name on their lips! Quite frankly, the firm is known as the powerhouse of the Middle East. When we say Booz & Company, what we do not mean is Booz Allen Hamilton; they split ~10 years ago. A little later, Booz was acquired by PwC and rebranded as Strategy&. Now that our little history lesson is complete, let’s continue. By far, the firm pulls in the most revenues in the region, earning $1.7B in 2020. In fact, Booz & Co has been a presencein the Middle East since the 1970’s. Later, it wasthe first to put down roots in the region, starting with an AbuDhabi office in 1993, followed by Dubai, Beirut, Riyadh, Cairo and most recently, Doha.
Currently,Strategy& does major public (read: government) consulting work outside the U.S. In terms of engagement cost, the MBB firms are still more expensive and exclusive, even in the Middle East. However, due to its rich history in the region, the firm knows the market deeper, better, and has the best government and private sectorrelationships.
The firm has 22 offices across 12 countries and 6000+ employees from 35+ different nationalities working in the Middle East, pulling in $1.7B in revenue (wow!).
Bain’s major industries of importance in the Middle East includeAirlines & Transportation, Media, Mining, Oil & Gas, Retail, Private Equity, Social & Public Sector, Technology, Telecommunications, Utilities and Alternative energy (the oil will run out one day!). Bain’s clients in the Middle East include awho’s who of prominent listed companies, government institutions, family owned conglomerates, and international groups. A couple of notable clients include international group MENA (Middle East North Africa), the GCC (Gulf Cooperation Council), and the government of Egypt. Presently, the firmhas offices in Dubai and Istanbul. In fact, Bain is among the most established and profitableconsulting firms in Turkey.
Generally speaking, there is a little less competition to land a position in one of the firm’s Middle East offices, although it is by no means easy. However, the firm is growing rapidly in this region, and is actively looking for top-performing undergrads, MBA’s, and experienced hires. You will have the opportunity to work in a wide variety of practice areas and industries, and the top salaries Bain pays will go a lot further in the Middle East than they would in the U.S., for example.Knowing the local language is an added advantage, and in some cases may be a requirement to apply.
Boston Consulting Group
BCG has four offices in the Middle East – in Dubai, Abu Dhabi, Doha, and Riyadh. They opened their first office in the region in 2007 after beginning to consistently work here in 2005. BCG in the Middle East has focused on the following industries and sectors: government, financial services, energy, industrial goods, telecommunications, real estate, healthcare and private equity. Dubai is one of the firm’s newest offices, and for good reason – the city is a hot spot for tourism, real estate investment, trade, transportation, and financial services. Large Dubai businesses are increasingly rolling out their business models internationally and gaining traction in world markets, hence the need for top, creative thinking consulting firms such as BCG.
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McKinsey at #4? What are we thinking!? AlthoughMcKinsey has long been a storied name and brand in the consulting world, its impact here has not been as widespread asStrategy& and the other top 3 firms on our list. McKinsey is stillwell-networked in the region, and doing substantial work in sectors including: banking, industrials, telecoms, energy, real estate, construction, health care, and diversified conglomerates.
If you are particular about working for an MBB firm, then now is a great time to get in on the ground floor of what the firm is building in the Middle East. McKinsey’s Middle East practice is growing rapidly, and the firm has invested a lot of capital to continue to expand quickly. Currently, the firm employs about 600+ consultants speaking 50+ different languages and completed more than 3,000 projects across the region. The firm has 8 offices in what it defines as its Middle East practice – Abu Dhabi, Dubai, Doha, Riyadh, Cairo, Karachi, Kuwait, and Manama. McKinsey works relentlessly towards promoting gender diversity in the Gulf and empowers women in leadership roles.
Kearney
Kearney is a partner owned firm committed to bringing advisory services to its clients, and has rapidly expanded in the Middle East. The firm has five offices in the region: in Abu Dhabi, Beirut, Doha, Dubai, and Riyadh. Their Middle Ease portfolio includes offering services such as analytics, IT, innovation, marketing & sales, M&A, operations, strategic organization, and strategy to companies in such varied industries such as: aerospace & defense, automotives, chemicals, oil & gas, private equity, transportation, utilities, metals and mining, and healthcare. Some recent projects include issues such as global energy solutions and large international sporting events.
Kearney’s emphasis in the region seems to be projects in Utilities and Oil & Gas. If these industries excite you, and you want to experience the exciting culture of the Middle East, Kearney may be the place for you!
Deloitte
Deloitte’s regional offices are located in Qatar, Bahrain, and Kuwait, and the firm has had a presence in the Middle East for the past 88 years! They have over 5,000 professionals providing services through 26 offices in 14 countries. Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is the first Arab professional services firm established in the Middle East region with an uninterrupted presence since 1926. They provide audit, tax, consulting, and financial advisory services. Deloitte has beenthe top dogin offering tax services in the region since 2010. Deloitte has received many awards such asBest Employer in the Middle East, Best Consulting Firm, and the Middle East Training & Development Excellence award. (bravo Deloitte!).
Deloitte plays a pivotal role in serving Middle East’shigh-growth industry sectors such as tourism, hospitality and leisure, construction, telecoms and financial services, as well as major sectors such as oil and gas, the public sector and the Gulf region’s sovereign wealth funds. Deloitte M.E hasa very strong alumni network as well, which help you when it comes time to transition out of the firm.
Oliver Wyman
Oliver Wyman has been a top consulting firm in the Middle East for a while now. The now have opened three offices in the region: Dubai in 2005, and Abu Dhabi & Riyadh in 2010. The firm has been active in the Middle East for the past 20 years, and 90% of itsbusiness is due torepeat clients (talk about loyalty!).
Over its time in the Middle East, Oliver Wyman hasgrown to cater to several industries: automotive, aviation, aerospace & defense, business services, communications, media & technology, distribution & wholesale, energy, financial services, and health & life sciences. The firm’s main capabilities include: actuarial, business & organization transformation, digital, marketing and sales, operations & technology, risk management, and strategy & value sourcing.
The firm isknown to be the top military-friendly employer on our list (lots of aerospace and defense projects!), andOliver Wyman has also been recognized for two of its minority organizations within the firm.WOW – Women of Oliver Wyman – was named as a top Women’s Employee Network, and GLOW –Gays, Lesbians, Bisexuals, Transgenders and Allies of Oliver Wyman – was recognized as a Top Ten LGBT Employee Network.
Ernst & Young is one of the biggest Accounting firms in the world, and checks in at #8 on our list here. It is a global leader in the areas ofassurance, tax, transaction and advisory services. The company works with companies in variousindustries including Automotive, Consumer Products, Financial Services, Government and PublicSector, Life Science, Media &Entertainment, Oil &Gas, Power &Utilities, Provider Care, RealEstate, Retail &Wholesale, Technology, and Telecommunications. Specifically in the Middle East, EY is involved in Islamic Banking, GCC Digital Banking, M&A in the MENA regions, Mobile Banking options for GCC clients and much more.
If you have an MBA and are interested in actuarial work, EY’s Middle East operation is a great place to get your foot in the door. The salaries are luring, cost of livingis cheap, the firm provides relocation expenses, and even will assist employees with housing.
Roland Berger
Roland Berger is a strategy consulting firm founded in 1967, with 2400 employees spread out over 36 different countries. The firm is wholly owned by 220 partners. Operating in almost all major industries, the firm combines sound analysis with creative strategies to create real and sustainable value for their clients.
Interdisciplinary teams are handpicked from “Competence Centers” to develop the best solutions for their strong client base. As with Oliver Wyman, a majority of Roland Berger’s business in the Middle East is repeat clients. Most of the firm’sexpertsare well versed in Middle Eastern culture, tradition, and expectations, as well as in their specific business issue areas. This focus on cultural awareness could open a door for those of you who have a background in some non-traditional degrees, such as International Studies or Political Science, or for those of you exiting the Foreign Service, providing you can show business acumen and crazy math skills.In addition, those of you with fluency in Arabic will find yourself with a leg up on the competition when applying for a position in Roland Berger’s Middle East practice.
Aon Consulting Worldwide
Aon Middle East is headquartered in the United Arab Emirates but has many offices across the region. Aon entered the Middle East market in 1985. The firm has a thriving presence in the MENA region, employing over 300 qualified professionals based in the UAE, Bahrain, Dubai, Oman, Qatar and Saudi Arabia. Aon is a leading provider of risk management services, insurance and reinsurance brokerage and human resources consulting and outsourcing.
Aon’s operation in the Middle East is comprised ofAon Risk Solutions, which provides multifaceted retail brokering and risk management services, Aon Benfield, the world’s leading reinsurance intermediary and full-service capital advisor, and Aon Hewitt, which focuses on human resource consulting and outsourcing services.They have plenty of job vacancies in divisions including Aon Benfield, Aon Hewitt and Aon Risk Solutions.
Honorable Mention – Boutique firms in the Middle East
Headquartered in the UK but with an office inBahrain, they are a global healthcare strategy firm.
Headquartered in Lebanon, Phoenix has offices across the Middle east.Phoenix Consulting is a boutique management consulting and executive search firm specializing in human capital solutions and operating across the Middle East.
Headquartered in Lebanon and withoffices across the Middle East, Saber Middle East is a vibrant Consulting and Training firm.
Headquartered in Lebanon, ForeLogix is a Business and Technology service provider.ForeLogix offers Consulting Services, Tailored Solutions and Managed Services.
The firmis a Management Consulting and Training firm founded in 2006 in India, with its international operations in Oman, the United Arab Emirates, and the U.S.
Conclusion
If you are considering a move to the Middle Eastfor consulting,these firms are setting the bar in the regionfor top consulting services. If you’d like to discuss your options 1:1 with one of our ex-MBB consultants, book a 1hr conversation with us today!
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