Blogs
Mar 3, 2025
Saudi Arabia Reins In ‘Blank‑Cheque’ Consultancy Spending
Saudi Arabia is scaling back its consultancy expenditures, signaling an end to unlimited advisory budgets on mega-projects like Neom. With oil-price pressures mounting, growth in consultancy spending is expected to slow to 13% in 2025. The Public Investment Fund’s decision to ban PwC from new advisory roles reflects stricter priorities. Moving forward, Saudi authorities are demanding focused, expertise-driven consultancy rather than broad contract scopes—altering how global firms operate in the region.
Source: Financial Times
Category: Consultancy – Strategy / Budgeting
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