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Asharq Al-Awsat

Business

Asharq Al-Awsat

Teneo Launches Financial Advisory Business in the Middle East

Teneo (Organization) Middle East AlixPartners Dubai New York NMC

New York-based Teneo said on Monday it was launching a financial advisory business in the Middle East.

The company has hired restructuring veterans Matthew Wilde and Elie Fakhoury from AlixPartners, it said, Reuters reported.

Wilde was involved in the restructuring of Dubai builder Arabtec and hospital operator NMC healthcare, while Fakhoury has worked on projects for clients such as Abraaj Group.

Teneo already operates in the fields of strategic communications, management consulting and risk advisory services in the region,

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