Saudi Arabia’s Rawabi Taps Alvarez & Marsal for Strategic Review

Saudi Arabia’s Rawabi Holding, a sprawling conglomerate with interests spanning energy, industrial services and real estate, is working with Alvarez & Marsal on a strategic review, according to people familiar with the matter.

The advisory firm is assisting Rawabi on options to free up liquidity, the people said, requesting anonymity to discuss confidential information.