The Salama bint Hamdan Al Nahyan Foundation, which promotes social development in the United Arab Emirates, has agreed to shell out a one-time $482K payment to Teneo Strategy for more detailed research than what was anticipated in the April 12 engagement letter.
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Under that $250K monthly retainer pact, Teneo was to conduct perception research across specific audiences and global markets, as part of its stakeholder research & insight services.
The research bonus will be paid out in three equal installments by Sept. 30.
The Foundation focuses on art, culture, healthcare, early childhood development and heritage. Its Muntada ("forum in Arabia), program features seminars of thought leaders and innovators from the UAE and internationally.
It was founded by the wife of Sheikh Mohamed bi Zayed Al Nahyan, Abu Dhabi's crown prince and deputy supreme commander of the UAE armed forces.
NEOM, the $500B mega-city that is being developed by Saudi Arabia Crown Prince Mohammed bin Salman, is Teneo’s other big-ticket in the Middle East.
The firm received $2M in fees for Neom work during the six-month period ended in January.
The money covered CEO counsel, narrative & messaging, strategic direction & content development, crisis communications, stakeholder engagement in key US markets and outreach to American businesses and think tanks.
London Global Strategies is providing government relations and PR counsel to the economic development arm of the Mexican state of San Luis Potosí.
Havas Media Germany has hired Piro Inc. to further the digital push of the Israel Government Advertising Agency to sway US public opinion.
Hogan Lovells has signed a $100K monthly pact to represent Venezuela’s Ministry of Economy and Finance, and its Washington embassy.
Liberia has agreed to pay a $100K monthly retainer to Ballard Partners for counsel on how to improve its relations with the US.
Romania has signed a $565K monthly contract with Eversheds Sutherland for strategic counsel and government relations activities.
