Evercore announced that it has received its Arranging License from the Capital Markets Authority in the Kingdom of Saudi Arabia and is opening an office in Riyadh to provide independent advice to clients in the Kingdom of Saudi Arabia. The office will be led by Mohammed Aldekmary, who will be based in Riyadh, Kingdom of Saudi Arabia, as CEO of Saudi Arabia and Head of Arranging. Mr. Aldekmary joined the firm in May 2025, spending time in Evercore's Dubai office as part of Evercore's Middle East coverage team.

Evercore opened its Dubai office in 2017.