Andersen Solidifies Platform in Middle East
11.11.2020 08:00:00 EET | Business Wire | Press release
Andersen continues to solidify its seamless service offering for clients around the globe and its brand is following suit as the Middle Eastern member firms of Andersen Global will now operate under the brand “Andersen.” The announcement comes on the heels of the adoption of the brand “Andersen” by European and Latin American member firms earlier this year.
Andersen Global member firms formerly operating under the brands “Andersen Tax” and “Andersen Tax & Legal” in Egypt, Jordan and Kuwait will now transition to the common brand “Andersen.” Additionally, Andersen welcomes member firm Alrikaz in the Kingdom of Saudi Arabia (KSA) which will also adopt the Andersen brand. The adoption of a common brand in the region best reflects the full suite of global services the Andersen member firms offer their clients, including legal services in 16 countries, two of which are in the Middle East.
In addition to its member firms in Egypt, Jordan, Kuwait and KSA, Andersen Global also has a presence in the Middle East in Bahrain, Lebanon, Oman, Palestine, Qatar and United Arab Emirates through its collaborating firms, with established plans for future expansion.
“Our adoption of a common brand globally is indicative of how far we have come as an organization and where we are headed,” said Mark Vorsatz, Andersen Global Chairman and Andersen CEO. “We are committed to building a benchmark organization that sets the standard globally for best-in-class, independent and synergistic services. Our common brand signifies our seamless service and shared core values around the globe.”
The roots of Andersen’s global platform go back to 2002 when 23 former Arthur Andersen partners created the tax-only firm WTAS LLC followed by the establishment of Andersen Global (formerly WTAS Global) in 2014. The same year, the founding U.S. member firm proceeded to adopt the brand “Andersen Tax” followed by member firms in Latin America, Europe and Africa. Andersen Tax and Andersen Tax & Legal debuted in the Middle East in 2017 and the region has since expanded to more than 20 locations, 500 tax and legal professionals, and nearly 100 partners today.
“The Middle East is an emerging market and tax is an expanding industry, especially with the emphasis on diversifying the economies,” said Fouad Al Hourani, Co-Regional Managing Director in the Middle East. “Offering comprehensive, seamless services, including tax and legal, has laid a solid foundation and created a competitive platform for our organization in the region.”
Lena Hamdi, Co-Regional Managing Director in the Middle East, added, “Our member firms’ service offerings position us to meet our clients’ needs regardless of borders. A common brand is a milestone for our organization, and we look forward to this next step of our region’s development.”
Over the course of the next year, member firms in Africa, Canada and Israel will adopt the common Andersen brand, while Andersen Global will continue its rigorous expansion in critical markets, including the Caribbean, Latin America, Africa and the Middle East.
Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 6,000 professionals worldwide and presence in over 214 locations through its member firms and collaborating firms.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201110006313/en/
Contact information
Megan Tsuei
Andersen Global
415-764-2700
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Beast Industries Acquires Step, Expanding its Platform to Include Financial Services9.2.2026 19:30:00 EET | Press release
Beast Industries, the largest and most innovative creator based platform in the world, today announced the acquisition of Step, a financial technology company dedicated to making financial literacy and money management accessible to all. This acquisition marks a significant milestone for Beast Industries, bringing together Step's robust technology platform and full-stack fintech team with Beast Industries’ extensive audience reach and proven track record in philanthropic initiatives. Together, the combined organization will deliver innovative solutions that make financial wellness achievable for people at every step of their life journey. "Financial health is fundamental to overall wellbeing, yet too many people lack access to the tools and knowledge they need to build financial security," said Jeff Housenbold, CEO of Beast Industries. "This acquisition positions us to meet our audiences where they are, with practical, technology-driven solutions that can transform their financial futu
Align Partners Issues Public Shareholder Letter and Submits Formal Shareholder Proposals to DB Insurance9.2.2026 16:26:00 EET | Press release
Align Partners Capital Management Inc. (“Align Partners”), a shareholder of DB Insurance Co., Ltd. (KRX:005830) (“DBI” or the “Company”) holding 1.9%, has issued a public shareholder letter to DBI’s Board of Directors aimed at strengthening capital allocation policy and governance oversight, and submitted formal shareholder proposals for the 2026 Annual General Meeting (“AGM”). Despite DBI’s robust fundamentals—including a 16.1% ROE and a 226% K-ICS ratio—the Company trades at an adjusted PBR of 0.40x, representing a severe 60% discount to its Comprehensive Equity under IFRS17. Align Partners identifies inefficient capital allocation and a lack of independent governance oversight as primary drivers of this persistent undervaluation. The letter notes that DBI’s Return on Required Capital (ROR) of 21.2% significantly lags behind domestic and global peers, reflecting a historical focus on top-line growth over risk-adjusted profitability. This is exacerbated by a passive payout policy and
Promega Unveils Cellular Target Engagement Technology Aimed at Expanding the Druggable Proteome at SLAS 20269.2.2026 14:00:00 EET | Press release
Promega Corporation is launching a new live-cell target engagement platform that could close a long-standing gap between biochemical and cellular assays for understudied or difficult-to-interrogate proteins. The TarSeer™ BRETSA™ Target Engagement System is a novel bioluminescence resonance energy transfer-based shift assay for detecting ligand-protein interactions in intact cells using protein denaturation. It gives drug discovery researchers early, target-specific cellular insights by validating weak or early chemical matter and expanding the targets accessible in live-cell drug discovery workflows. The technology will be debuted at the Society for Laboratory Automation and Screening (SLAS) International Conference and Exhibition in Boston, February 7-11, 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260206015371/en/ “You can now potentially study intracellular target engagement for any protein in live cells,” says M
Eurofins Viracor BioPharma Expands Bioanalytical Capabilities9.2.2026 14:00:00 EET | Press release
Eurofins Viracor BioPharma Services, a long‑standing and trusted partner for clinical trial testing solutions with deep expertise in specialty biomarkers and molecular assays, announces a significant expansion of its service portfolio with the addition of enhanced bioanalytical testing capabilities. These new services are fully aligned with Good Laboratory Practices (GLP) and Good Clinical Practices (GCP), enabling the company to enhance support of biopharmaceutical development programs with greater scientific breadth throughout the drug development workflow. This strategic advancement follows the successful relocation and integration of Eurofins Pharma Bioanalytics Services from St. Charles, Missouri, into Eurofins Viracor BioPharma’s purpose‑built, eleven‑acre facility in Lenexa, Kansas. The bioanalytical organization brings more than two decades of specialized experience in pharmacokinetics, immunogenicity, and biomarker testing. By combining both laboratories’ strengths, Eurofins V
HKTDC to Host World’s Largest One-Stop Jewellery Marketplace9.2.2026 12:37:00 EET | Press release
Organised by the Hong Kong Trade Development Council (HKTDC), the world’s largest one‑stop jewellery marketplace will return in early March under its proven “Two Shows, Two Venues” format. The 12th Hong Kong International Diamond, Gem & Pearl Show will take place from 2 to 6 March at AsiaWorld‑Expo, featuring a wide range of jewellery raw materials. Also, the 42nd Hong Kong International Jewellery Show will be held from 4 to 8 March at the Hong Kong Convention and Exhibition Centre, showcasing finished jewellery pieces. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260207153040/en/ Hong Kong International Jewellery Show and Hong Kong International Diamond, Gem & Pearl Show Jenny Koo, Deputy Executive Director of the HKTDC, said: “This year’s twin jewellery shows bring together some 4,000 exhibitors from over 40 countries and regions, with nearly 70% coming from outside Hong Kong. The HKTDC presents the world’s largest one-s
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom