Investment Banking Comps Middle East

1)

• Average comp for A1 is around 7.5k - 8.5k

2)

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

3)

• 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)

4)

• 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)