Deloitte wants corporate financiers in Dubai
Good news for redundant M&A bankers willing to work in the mid-market: Deloitte is on a recruitment drive to bolster its Middle Eastern presence across a range of businesses.
The Middle East still has massive growth potential over the long term reckons Deloitte, and it's intending to come good on the promise it made in September to bolster its team in the region.
At the time, the firm moved six partners from the UK to the desert city to capitalise on the predicted surge in M&A in the region. Obviously, this has yet to happen (in fact, advisory fees have been going down), but Deloitte has plans to expand in other areas.
It still intends to bolster its financial advisory services (M&A, IPO and forensic and dispute advisory services), as well as enterprise resource planning, enterprise risk services, international tax services and its national oil company programme.
Jim Quigley, CEO of Deloitte Touche Tohmatsu, says that in spite of the challenging economic conditions the firm remains "focused on our long-term success and will continue to invest in our people, new products and services".
