Financial Due-diligence Specialists

Quality-of-earnings, working-capital and debt analysis for acquisitions in the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman and the wider MENA region.

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Quality-of-Earnings

Normalised EBITDA, revenue recognition and non-recurring adjustments under IFRS.

Working-capital Review

Identify target WC peg and true cash-free / debt-free position before SPA.

Debt & Off-balance Sheet

Lease liabilities (IFRS-16), gratuity accruals and contingent obligations in Gulf entities.

Key Due-diligence Concepts

  • QoE Bridge – reported EBITDA → quality-of-earnings → adjusted EBITDA.
  • Net Debt – interest-bearing debt minus cash & equivalents at closing.
  • Normalised Working Capital – average of last 12 months vs seasonality.
  • Debt-like Items – VAT arrears, employee EOSB, unpaid Zakat, lease liabilities.

Why GCC deals need specialised financial DD

Multiple jurisdictions, free-zone rules and new UAE corporate tax create hidden exposures. Our team:

  1. Extracts data from ERP and bank feeds across AED, SAR and other GCC currencies.
  2. Recasts statements to IFRS with bilingual (EN/AR) schedules for Big-4 auditors.
  3. Delivers red-flag reports and SPA adjustment clauses within 10 business days.

العناية الواجبة المالية في الشرق الأوسط وشمال إفريقيا

نقدّم تحليلاً متعمقاً للأرباح وجودتها ورأس المال العامل والديون المخفية لضمان قيمة الصفقة وتقليل المخاطر في عمليات الاستحواذ في الإمارات والسعودية وقطر والكويت والبحرين وعُمان.

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