FTI Consulting launches new office in KAFD, Riyadh

FTI Consulting new office in Riyadh
Image Credits: muflih_alhababi @ Pixabay | Cropped by GBN
By News Desk, GCC Business News

FTI Consulting, Inc., a leading firm for organizations facing crisis and transformation, has launched a new office in the heart of King Abdullah Financial District (KAFD), Riyadh.

The firm’s shift to large office highlights its long-term commitment to the Kingdom and its plans to build on its existing capabilities in the region to further support a growing client base.

FTI Consulting has been operating in Saudi Arabia for over a decade. In 2024, the firm has secured a Regional Headquarters Licence. The firm offers an array of business advisory services to domestic and international corporations in both the public and private sectors.

The services include strategy consulting, construction solutions, corporate finance, data privacy, expert witness, financial crime management, forensic and digital investigations, public sector advisory, economic consulting and strategic communications.

Antoine Nasr, Senior Managing Director and Head of FTI Consulting in the Middle East, commented that, “Establishing a presence in King Abdullah Financial District represents a major strategic milestone for FTI Consulting in the region. Saudi Arabia is undergoing a remarkable economic transformation, and our clients increasingly seek on-the-ground expertise to navigate this evolving landscape. KAFD is at the heart of a dynamic government and financial landscape, where we can provide our clients with unparalleled strategic consulting advice and access to regional and global markets. We are proud to play a role in realizing their ambitions in this vibrant market.”

FTI Consulting new office in KAFD
Sultan Alobaida
Chief Commercial Officer – King Abdullah Financial District Development and Management Company (KAFD DMC)

“The global management consulting market is experiencing significant expansion, with a compound annual growth rate of 6.56 percent forecast between 2025 and 2034. This global trend is mirrored in Saudi Arabia, where the need for consultancy services is rising as the Kingdom continues its economic transformation. With Saudi Arabia’s private sector now contributing 47 percent to GDP, surpassing the 2024 target, the need for business, management and strategy consulting services is growing steadily. This development reflects the country’s ongoing economic diversification under Vision 2030. Additionally, Saudi Arabia’s rise to 16th globally in the IMD World Competitiveness Ranking an improvement of 20 positions signals the dynamic business environment, which creates opportunities for firms, like FTI Consulting, to contribute their expertise. In light of these themes, therefore, KAFD is the natural home for FTI Consulting in the Kingdom. As part of this prestigious community, it will benefit from the close proximity to leading entities, the unrivalled connectivity and the world-class infrastructure that KAFD offers. We are delighted to welcome the company to the district as we continue to build on our position as the premier destination for business in the Kingdom and beyond.”

“Our decision to open in KAFD speaks directly to where our clients need us most. Riyadh is fast becoming a nexus for investment, governance reform and business transformation, all of which align closely with our core service offerings. This move also strengthens our commitment to the professional development of Saudi talent and the nurturing of future leaders within our firm. From our new location, we look forward to further enhancing our ability to address clients’ critical issues — from large transformational strategies to crisis management,” added Lars Faeste, EMEA Chairman at FTI Consulting.

Recommended | Globant opens Middle Eastern regional headquarters in Riyadh

YOU MAY LIKE