Latest news with #advisoryservices
Arabian Business
07-07-2025
- Business
- Arabian Business
UAE Golden Visa: VFS Global announces major India and Bangladesh update
UAE Golden Visas could be a step closer for people in India and Bangladesh after new application services were launched in each country. Residents of India and Bangladesh now have easier access to expert advisory services for the UAE Golden Visa, as VFS Global's Education, Trade and Migration (ETM) Services, in partnership with the Rayad Group, launches dedicated immigration support. The initiative allows eligible individuals—including business owners, professionals, scientists, creatives, entrepreneurs, and influencers—to apply for the 10-year UAE Golden Visa under a government nomination category, without the need to invest in real estate or set up a company. UAE Golden Visa boost Successful applicants can also sponsor their spouse, children (including adult dependents), parents, and household staff to live in the UAE. The service is accessible online via VFS Global's platform, or through dedicated helplines: India: +91-22-62018483 Bangladesh: +880 1739 861116 This marks the first rollout from the newly established Centres of Excellence in New Delhi, Mumbai, Ahmedabad, Chennai, Hyderabad, Pune, and Dhaka. These centres combine generative AI technology with legal and immigration expertise to streamline the Golden Visa application journey and ensure regulatory compliance. Yummi Talwar, Chief Operating Officer – South Asia, VFS Global, said: 'We believe there is strong demand for immigration advisory services, particularly for the UAE Golden Visa. In line with our customer-first policy we are delighted to roll out this solution that empowers applicants to get sound understanding of the immigration process and take informed decisions'. The UAE Golden Visa continues to gain popularity among global talent and high-net-worth individuals due to its tax advantages, long-term residency, political stability, world-class healthcare and education, and vibrant business environment. Rayad Kamal Ayub, Managing Director of Rayad Group, said: 'The United Arab Emirates' unique combination of economic stability, favourable tax policies, and luxurious living standards positions it as a premier destination for high-net-worth individuals seeking new opportunities and an elevated quality of life.' UAE Golden Visa benefits The Golden Visa is a key pillar of the UAE's strategy to attract global talent and long-term investment. Under the program: No minimum real estate investment is required for nominated applicants 10-year renewable residency is granted Full family sponsorship rights are included Holders can enjoy the United Arab Emirates' tax-free environment, including zero per cent capital gains tax and no personal income tax
Times of Oman
06-07-2025
- Business
- Times of Oman
World Bank opens office in Oman, to help in realising 2040 goals
Muscat: The World Bank Group, in coordination with the Sultanate of Oman, has opened its permanent office in Muscat to provide advisory services and monitor projects financed by the bank and its private sector affiliates. By hosting the office, the Sultanate of Oman seeks to obtain various services from the World Bank Group and its affiliated organisations that support economic growth, social, urban, commercial, and private sector development, and other sectors it seeks to develop in accordance with the goals of Oman Vision 2040.
Yahoo
30-06-2025
- Business
- Yahoo
B. Riley divests advisory services arm to TorQuest
B. Riley Financial (BRF) has offloaded its advisory services unit to funds managed by TorQuest Partners, a Canadian private equity firm, for $117.8m. The advisory services arm comprises GlassRatner Advisory & Capital Group (operating as B. Riley Advisory Services) and B. Riley Farber Advisory. The Los Angeles-based financial services firm acquired GlassRatner in August 2018. It anticipates to record a gain of around $66m from the latest deal in its second-quarter financial results. GlassRatner specialises in a range of professional and advisory services, including bankruptcy and restructuring, forensic accounting, litigation support, construction engineering consulting, transaction support, executive search services, and compliance, risk, and resilience consulting. GlassRatner CEO Ian Ratner said: 'Growing GlassRatner in close partnership with Bryant, Tom, and the entire BRF team, has been an incredible journey. 'We've built a leading platform providing bankruptcy and restructuring services, forensic accounting and litigation support, and other specialty advisory solutions.' GlassRatner collaborates with law firms, lenders, private equity sponsors, and various companies to address complex business issues, including major acquisitions or divestitures, fraud investigations, corporate litigation, and business crises or bankruptcies. Based in Atlanta, Georgia, GlassRatner has around 200 employees across offices in the US, Canada, and Mexico. BRF chairman and co-CEO Bryant Riley said: 'BRF's primary focus moving forward is to return to its historic roots by investing in BRS, our middle-market investment bank, and its complimentary business, B. Riley Wealth Management. 'Divesting GlassRatner will provide additional capital to support growth initiatives and strengthen our capital structure. Maximising shareholder value through ongoing reinvestment in our business remains a critical priority.' BRF, through its subsidiaries and affiliates, offers solutions in investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, appraisal and valuation, as well as auction and liquidation services. In November 2024, BRF agreed to sell a portion of its wealth management business to Stifel Financial, a US-based firm. "B. Riley divests advisory services arm to TorQuest" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Khaleej Times
26-06-2025
- Business
- Khaleej Times
JV set to offer high-impact advisory services across Middle East, Türkiye, and Africa
Siraj Holding, a leading private investment firm in the UAE, in collaboration with AWR Lloyd Gulf Partners, will bring high-impact advisory services to bluechip corporates, family businesses, private equity and public sector clients across the Middle East, Türkey, and Africa (Meta) region, its senior official says. Alexander Wood, CEO of AWR Lloyd, said the successful joint venture in Islamic finance and Takaful will offer long term trust-based relationships, on-the-ground support and a customised approach to its customers. Excerpts from the interview: Please provide a brief introduction to AWR Lloyd and Siraj Holding. AWR Lloyd has a 25-year trackrecord providing strategy consulting and mergers and acquisitions (M&As) advisory services to bluechip corporates, family businesses, private equity and public sector clients. Last year the Financial Times ranked AWR Lloyd as one of the top-10 fastest growing consulting firms in the Asia-Pacific region. Siraj Holding, chaired by Ahmed Khalaf Al Otaiba, is a dynamic UAE-based private investment firm that has grown rapidly since its founding in 2019. With successful ventures in Islamic finance and Takaful, Siraj Holding is now extending its capabilities into strategic consulting through a joint venture with AWR Lloyd (AWR Lloyd Gulf Partners) to bring high-impact advisory services to the Middle East, Türkey, and Africa (Meta) region. How will AWR Lloyd Gulf Partners be different from other consultancies in the region? The mainstream consultancies in the region tend to offer standardised services from a global playbook. But we believe 'off-the-shelf' and 'one-size-fits-all' consulting does not work. Long term trust-based relationships, on-the-ground support and a customised approach are critical in the Middle East and Asia. Combining the deeply rooted multi-generational relationships established across the region by the owners of Siraj Holding with AWR Lloyd's well-established reputation for innovative and bespoke advisory, AWR Lloyd Gulf Partners offers something very different. AWR Lloyd Gulf Partners will offer highly customised strategies tailored to each client's unique context and challenges. Our services are grounded both in global best practice and an in-depth understanding of the region, assisting clients in unlocking long-term value. What will key areas of focus be for AWR Lloyd Gulf Partners? We bring specialist expertise in the areas of Energy Transition, Sustainability Transformation, Smart Infrastructure and regional cross-border investment and M&A (e.g. Asia-GCC, GCC-Asia, Türkey-Africa). Importantly AWR Lloyd emphasises that 'real sustainability' is about more than just having decarbonisation plans or scoring high on ESG indices. It's also about having effective crisis resiliency strategies. We live in an age of cascading polycrisis: wars, terrorism, climate change, natural disasters, pathogen outbreaks, systemic collapse, mass psycho-social crises and the threat of nuclear conflict. Public and private sector organisations must put in place real and effective contingency plans in place now. This is an area of focus for AWR Lloyd. During the pandemic AWR Lloyd worked closely with FHI 360, one of the world's leading humanitarian emergency NGOs, to provide Crisis Management, Project Continuity and Crisis Recovery services to clients across Asia-Pacific and specifically to multi-billion dollar energy construction projects in the Middle East (Iraq and UAE). AWR Lloyd has recently signed an MOU with the Indonesian Industrial Estate Association to provide Catastrophic Crisis Resiliency services to their members. This proprietary service will also now be offered to clients in the Meta region via the new joint venture with Siraj Holding.
Zawya
11-06-2025
- Business
- Zawya
Strategy consultancy business to be launched for the Middle East, Turkey and Africa by Siraj Holding and AWR Lloyd
Abu Dhabi, United Arab Emirates: Siraj Holding LLC, a private investment firm chaired by Mr. Ahmed Khalaf Al Otaiba, has partnered with AWR Lloyd Limited, a strategy consultancy led by Mr. Alexander James Wood, with a plan to offer advisory services to clients in the Middle East, Turkey and Africa via a new joint venture, 'AWR Lloyd Gulf Partners', to be headquartered in Abu Dhabi, United Arab Emirates ('UAE'). AWR Lloyd is a Strategy Consulting, Mergers & Acquisitions (M&A) and Project Advisory firm, ranked last year by the Financial Times as the 9th fastest-growing consulting firm in Asia-Pacific. AWR Lloyd has a 25-year track record advising blue-chip corporates, family businesses and public sector clients, with a primary focus on energy, infrastructure, real estate and technology sectors. Ambassador Udaya Indrarathna, a distinguished Sri Lankan diplomat and consultant, has been instrumental in the formation of the new venture, and will become one of its founding shareholders and directors. AWR Lloyd Gulf Partners will offer a full suite of specialist professional services currently offered by AWR Lloyd in Asia-Pacific. Strategy Consulting services include shareholder value maximization, new market entry strategy, restructuring, best practice investor relations and ESG, sustainability transformation and crisis resiliency. In M&A: due diligence, buy-side investment and sell-side equity transaction advisory. Mr. Ahmed Khalaf Al Otaiba, Group Chairman of Siraj Holding, and a member of the prominent Al Otaiba family, commented: 'We are excited to diversify into strategy consulting with AWR Lloyd. The firm has demonstrated its ability to challenge the dominance of mainstream consulting and investment banking firms in the Asia-Pacific region. We will now work with AWR Lloyd to offer value-add advisory services to major corporations and public sector clients in Middle East, Turkey, and Africa.' Mr. Mohamed Rusan Fyroze, Group CEO of Siraj Holding and incoming Director of AWR Gulf Partners, added: "Siraj Holding has built a strong presence in the UAE's non-banking Islamic financial services and Takaful (Insurance) sectors through group entities Siraj Finance PJSC and YAS Takaful PJSC, both regulated by the Central Bank of the UAE. Building on this foundation, the group is now expanding into strategic consultancy and M&A advisory services, compliant with Sharia principles, through a partnership with AWR Lloyd." Alexander Wood, CEO and co-founder of AWR Lloyd responded: 'It is a great honor to partner with the Al Otaiba Group and Ambassador Udaya in this region. In recent years, we managed assignments during the pandemic in the UAE and Iraq for major energy construction projects and have worked for some of the region's largest energy and infrastructure groups in relation to their Asia M&A strategies. We now look forward to deepening and broadening our presence here'. About Siraj Holding The private investment firm Siraj Holding was established in Abu Dhabi, United Arab Emirates in 2019. Founded by Ahmed Khalaf Al Otaiba, it operates as a holding company and is a preferred partner for institutional investors, governments and multinational corporations. Key areas of interest for Siraj Holding include financial services, Takaful, technology, hospitality, energy, real estate, telecommunications, and investments. The firm's mission is to contribute to the sustainable development of economies in the GCC by creating market-leading businesses. About AWR Lloyd AWR Lloyd was established in Paris in 2000 by former Banque Paribas investment bankers and re-established in Hong Kong in 2002. AWR Lloyd has offices and teams in Thailand, Indonesia, Vietnam and India. Over the years, the firm has advised bluechip corporates from across the world including Chevron, Saudi Aramco, Masdar, Ronesans, SK, Hyundai, Sojitz, Toyoto Tsuho, PTT, Petronas, PetroVietnam, PTT, Banpu, Gulf Energy, Swedish Space Corp and Tata Steel, as well as public sector clients such as the Asian Development Bank, the UN, the US Department of State and the Thailand Ministry of Science & Technology. About Ambassador Udaya Indrarathna Ambassador Udaya recently concluded his tenure as Sri Lankan Ambassador to the UAE and to the Republic of Iraq. Prior to his ambassadorship, he had a long and distinguished career in senior management (including at Ajlan Bros Holding, a Riyadh headquartered international conglomerate) and public sector advisory (including to the governments of Abu Dhabi and Dubai). He has won many awards including the Pride of UAE 2024 Award (Dubai, UAE), Icon Award 2023 (Dallas, Texas, USA), Good Fellow Award 2023 (London, UK) and Lifetime Family Business Award 2021 (Monaco).
