EY MENA has announced the location of its new regional headquarters in the King Abdullah Financial District (KAFD) in Riyadh, Saudi Arabia. This move signifies a commitment to growth and innovation in the Middle East and North Africa (MENA) region.
The new headquarters, set to open later this year, will cover 11,691 square meters in Twin Buildings 1.11, offering a modern workspace that prioritizes wellbeing, comfort, smart technology, and teamwork. This design reflects EY’s people-centered approach to transformation, focusing on empowering employees to drive long-term value for the organization, clients, and the local community.
As part of its impact in Saudi Arabia, EY has dedicated efforts to hiring local talent, with over 55% of its workforce in the country being Saudi Nationals. Notably, almost 1,000 Saudis have been recruited in the past year, with 60% of them university graduates enrolled in accelerated programs across different service lines.
Moreover, EY is committed to supporting the professional development of Saudi Nationals through initiatives like the Falcon Program, which fast-tracks the career progression of high-performing GCC nationals. This program has seen significant participation from Saudis, with 68% of its participants on track to partnership within the organization.
In addition to its headquarters, EY will launch the Riyadh EY Wavespace Center, a cutting-edge hub spanning over 930 square meters. This center aims to foster collaboration among clients, EY teams, entrepreneurs, students, and thought leaders, showcasing advanced technologies such as artificial intelligence, blockchain, and cloud computing.
With a rich history in the MENA region dating back to 1923, EY has continually expanded its presence, with the new Riyadh headquarters overseeing 8,000 employees across 26 offices in 15 countries. This move underscores EY’s ongoing commitment to driving innovation, fostering local talent, and contributing to the growth of Saudi Arabia’s business landscape.
The new regional headquarters at KAFD represents a significant milestone for EY MENA, positioning the organization at the forefront of transformative strategies and technological advancements in the region.
