Investment Banking Comps Middle East

Analyst 1 in PE - Growth

Anonymous

Interested also!

Authored by: Certified Private Equity Professional - 1st Year AnalystCertified Private Equity Pro

FTA

Monkey

following also, did you hear anything?

ibwannabe66

Baboon

Based in the Middle East. Salaries are close to NY salaries (starting more than USD 8,000 a month in most shops); obviously 0 income tax. Exit opps are mainly SWF and they’re relatively easy to land if you want that. Culture is definitely less brutal in most places than what I hear from the NY guys (not sure about London).

Authored by: Certified Investment Banking Professional - 2nd Year AnalystCertified Investment Banking Pro

Prospect in IB-M&A

Anonymous

Can you get away with only speaking English or do you often need to be bilingual to work over there?

zenoname

Senior Monkey

Yes, plenty of guys in my firm that do not speak arabic (one of the firms mentioned)

anothergodammasian

Senior Gorilla

Hi, could i please PM you?

zenoname

Senior Monkey

Most Helpful

Average comp for A1 is around 7.5k - 8.5k

Exits usually are SWFs or family offices (if that's something that interests you) and corpdev (although limited)

I know of a few analysts who went to London last year to PE or BB as associates but most people stick to the Middle East (large paycut to move to London due to taxes and lower salary)

Hours were brutal during 2021 and to some degree during early 2022 (but mitigated due to extensive hiring during the end of 2021, early 2022), its getting better now given the much larger teams (some/most banks doubled their analyst numbers). Some clients are very demanding, you may be pulling 100+ hours weeks while only being staffed on one deal.

I would say hours are worse then London but perhaps better then US.

Expect to work basically every Sunday if staffed on a Saudi deal (i.e. you will only get one day of weekend).

-The people I work with are very chill and great culture between employees (from MD to Analyst)

Investment Banker Job Description and Salary

anothergodammasian

Senior Gorilla

Hi, if you don't mind could i please PM you?

zenoname

Senior Monkey

Yes, please do happy to share more information

Associate 3 in IB - Gen

Anonymous

You guys know what's the avg comp for VP / D level in Dubai?

HH keep telling it's in line with the US but find it hard to believe (e.g. UK is significantly lower)

Thanks

Intern in IB - Cov

Anonymous

Don't know about comp but Rothschild Dubai is very Russian nowadays since the war. Since it's an oil hub, they moved their Moscow office to Dubai.

Authored by: Certified Investment Banking Professional - 1st Year AnalystCertified Investment Banking Pro

sicario

Senior Chimp

Consectetur atque ut non asperiores. Atque vero sit rem fuga omnis incidunt ullam occaecati. Ipsam alias quisquam ex. Doloribus eos architecto cumque et temporibus nobis libero. Dolorem voluptatem aut quibusdam eveniet molestiae.

Magnam excepturi quo nihil officiis officia dolorem. Pariatur ut praesentium doloribus molestiae inventore est qui. Aliquam quas aut rem rem sit quibusdam.

Ab aut et qui doloremque id placeat vero enim. Rerum quas vero quod et minima. Omnis dolorem deleniti repellendus aut. Eligendi repudiandae et labore et repellendus. Itaque enim quo tenetur unde neque. Ea reiciendis aut eos modi vel.