Senior Associate - MENA Equities - Arabic speaker

Ghobashgroup; Dubai; On-site; AED 500,000 - 800,000; Full time

Job summary

Ghobashgroup in Dubai seeks a Senior Associate - MENA Equities Research to lead independent coverage of MENA-listed companies, building advanced financial models and producing actionable investment theses and reports.

You will engage with management teams, sell-side analysts, and industry stakeholders to gather insights, monitor disclosures, and present proposals to the Investment Committee for strategic decision making.

Qualifications

• Bachelor's degree in business or a related field.
• 10 years of total experience in equity research, investment analysis, or portfolio management, with at least 6 years covering UAE and GCC markets.
• Excellent written and verbal communication skills in English and Arabic (mandatory).
• Exposure to Bloomberg/Eikon and MS Office tools.

Responsibilities

• Lead coverage across assigned MENA-listed companies and sectors.
• Build and maintain advanced financial models with forecasts and valuations.
• Produce investment theses and reports with buy/sell/hold recommendations.
• Monitor disclosures, earnings, and macro developments affecting covered sectors.
• Conduct management meetings and attend investor conferences.
• Prepare and present investment proposals for Investment Committee approval.
• Maintain valuation and peer-comparison tables reflecting forecasts and market changes.
• Generate new investment ideas by screening MENA opportunities.
• Collaborate with Portfolio Manager to assess exposures and performance attribution.
• Stay updated on regulatory, economic, and geopolitical changes across MENA.

Skills

Equity research

Financial modelling

Valuation

Forecasting

Investment recommendations

Market research

English-Arabic fluency

Education

Bachelor's degree in business

Tools

Bloomberg/Eikon

MS Office

Job description

The Senior Associate - MENA Equities Research will lead independent coverage of MENA-listed companies, producing high-quality equity research, financial models & valuation outputs to support investment decisions & portfolio performance. The role requires generating actionable investment recommendations, maintaining updated forecasts & valuation frameworks & continuously monitoring market developments across assigned sectors. The incumbent will engage directly with company management teams, sell-side analysts, & industry stakeholders to gather insights, ensure comprehensive research coverage & contribute meaningfully to the Investment Committee's discussions & overall strategy.

• Lead coverage across assigned MENA-listed companies and sectors, including Banks, Real Estate, Telcos/Utilities, Consumer, Industrials, Energy, and Transportation.
• Build and maintain advanced financial models with detailed forecasts, scenario analyses, and valuation sensitivities using DCF, Gordon Growth, Residual Income, and relative valuation frameworks.
• Independently produce investment theses and research reports with clear buy/sell/hold recommendations based on financial performance, catalysts, and valuation.
• Continuously monitor company disclosures, earnings results, and macroeconomic developments impacting covered sectors.
• Conduct management meetings, attend investor conferences, & engage with sell-side analysts to gather actionable insights.
• Prepare and present investment proposals for approval at the Investment Committee, supported by in-depth research and valuation work.
• Maintain up-to-date valuation and peer-comparison tables that reflect internal forecasts and market developments.
• Generate new investment ideas by screening opportunities across MENA markets, including both primary and secondary equity opportunities.
• Collaborate closely with the Portfolio Manager to assess portfolio exposures, risk factors, and performance attribution.
• Stay updated on regulatory, economic, & geopolitical changes across MENA markets & assess their impact on investments.

• Bachelor's degree in business or applicable area of study
• 10 years of total experience in equity research, investment analysis, or portfolio management, with at least 6 years covering UAE and broader GCC markets.
• Excellent written and verbal communication skills in both English and Arabic (mandatory).
• Exposure to working with all modern equity research tools (Bloomberg / Eikon) and usual office-based technology (MS Office / among others);