The account will be led by M:'s MD for the Gulf region, Nicholas Lunt and Mustafa Al Rawi, who joined M: in February. Patrick D’Ancona, head of M:’s energy and renewable practice in London, will also provide strategic input from London.
Banaja Holdings is Saudi Arabia’s largest pharmaceutical and pharmaceutical logistics holding company. It is based in Jeddah with significant operations in Jebel Ali, Dubai.
Samantha Bartel-Al Khalaf, a financial services and healthcare specialist who joined M: in February, will lead the account, with strategic international healthcare expertise from Mary-Jane Elliott, who leads M:'s healthcare practice.
Stuart Leasor, head of emerging markets, said: 'Both accounts demonstrate the real demand we are seeing in this market for a combination of high quality local delivery with best-in-class specialist, international expertise.'