01-06-2025

Bain & Company Establishes New Regional Headquarters in KAFD

2 June 2025, Riyadh — Bain & Company (Bain), a leading global management consultancy, has announced the opening of its new regional headquarters in the King Abdullah Financial District (KAFD), the premier business and lifestyle destination in Riyadh. The opening reinforces the district’s position as the preferred destination for major multinational companies expanding their presence in the Kingdom and wider region.

 

This strategic move highlights Bain’s long-term commitment to Saudi Arabia and its role in supporting the Kingdom’s economic transformation under Vision 2030. The new office will serve as a strategic hub for Bain to deepen client engagements, expand local partnerships, and support the development of Saudi talent. With offices across 65 cities worldwide, Bain’s advisory expertise covers a wide spectrum of sectors and industries, including energy, technology, public policy, and financial services.

 

Sultan Alobaida, Chief Commercial Officer at KAFD DMC, said: "The global management consulting market continues to expand, driven by rapid technological advancements, economic diversification, and evolving regulatory landscapes. In Saudi Arabia, this momentum is reflected in the country’s accelerating transformation and increasing appeal to international investors. In the fourth quarter of 2024 alone, the Kingdom recorded SAR 22.1 billion in net foreign direct investment inflows, underscoring strong global confidence in the local market. As Saudi Arabia works toward increasing FDI’s contribution to GDP, to 5.7% by 2030, the presence of global consultancies like Bain plays a vital role in supporting this vision."

 

"We are pleased to welcome Bain's regional headquarters to KAFD. Its decision to establish a presence here underscores Riyadh’s growing appeal as a leading hub for the consulting industry. KAFD offers direct access to key decision-makers, cutting-edge infrastructure, and a thriving business community, making it the ideal environment for global firms to thrive." He added.

 

Bain’s new regional headquarters in KAFD, more than doubles the size of its previous office, reflecting the firm’s strong growth and long-term investment in Saudi Arabia. The office space is designed to foster collaboration and innovation, incorporating hybrid workspaces enhanced by advanced technologies, and drawing from the rich and diverse cultural heritage of the Kingdom.

 

With over 90 firms now based in KAFD, the district continues to establish itself as the prime destination for multinational operations in Saudi Arabia. Bain’s new HQ reinforces the district’s unique role in connecting global expertise with local ambition in one of the region’s most dynamic and rapidly growing markets. In addition, KAFD stands as the world's largest LEED Platinum-certified mixed-use business district, boasting over 40 buildings with Silver and Gold LEED certifications. Notably, KAFD is the only LEED Platinum-certified Neighborhood Development in the world, as recognized by the U.S. Green Building Council (USGBC).