What's Happening?
Altman Solon, a strategy consulting firm, has opened a new office in Dubai, marking its 17th global location. This expansion follows recent openings in Riyadh and Stockholm, reflecting the firm's commitment
to strengthening its presence in the Middle East. The Dubai office aims to leverage the city's status as a global business hub to support client projects across the GCC, Levant, and Africa. The firm, established in 2020 through a merger, focuses exclusively on the telecommunications, media, and technology sectors, advising C-suite leaders on various strategic initiatives.
Why It's Important?
The opening of the Dubai office is significant as it positions Altman Solon to capitalize on the rapid growth of media, sports, and digital platforms in the Middle East. The firm's presence in Dubai and Riyadh enhances its ability to deliver tailored solutions to clients, particularly in alignment with Saudi Arabia's Vision 2030. This strategic move is expected to bolster the firm's capacity to serve technology and infrastructure sectors, sovereign wealth funds, and international investors, thereby driving growth strategies and AI adoption in the region.
What's Next?
Altman Solon plans to expand its local team in Dubai with senior leaders and local hires in the coming months. This expansion is expected to further strengthen the firm's ability to support clients on growth strategies, mergers & acquisitions, and strategic partnerships. The firm will continue to focus on delivering global best practices to local markets, helping clients seize opportunities in content, advertising, and monetization.
Beyond the Headlines
The expansion into Dubai not only enhances Altman Solon's regional strategy but also underscores the growing importance of the Middle East as a hub for media and technology innovation. The firm's focus on the TMT landscape aligns with broader trends in digital transformation and infrastructure development, potentially influencing regional economic growth and technological advancement.
