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| ICAEW Establishes Middle East Ops |
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, March 05, 2010
The Institute of Chartered Accountants in England and Wales (ICAEW) has strengthened
its position in the Middle East by taking up a new office in the Dubai International
Financial Centre (DIFC).
The ICAEW, a professional body headquartered in the UK with more than 132,000
members in over 160 countries, has established its DIFC office as part of its
campaign to set up regional offices around the world to work more closely with
key stakeholders globally and to offer better support to its members and students
around the world.
There are more than 800 ICAEW members with the globally recognized ACA qualification
(Associate Chartered Accountant) in the Middle East, of which more than 400
are located in the United Arab Emirates (UAE).
Amanda Line, who has been appointed Regional Director of ICAEW Middle East,
commented: “As the accountancy and finance profession becomes increasingly
global, we need to offer better support to our members where they are based.
Having an office in the DIFC will allow us to fulfil our commitment to the growing
number of members and students in the Middle East.”
“We are also keen to share our expertise and experience with other stakeholders
– governments, regulators, businesses – in the Middle East to strengthen
the profession and increase the number of qualified chartered accountants. The
DIFC is a very convenient location for our office and our expanding team, given
that it provides us with easy access to many major stakeholders, some of which
we are already working closely with, in addition to the purely infrastructural
and logistical benefits it offers.”
The ICAEW office is to be the central hub for the body’s operations
in the UAE, Bahrain, Saudi Arabia, Qatar, Kuwait, Oman, Egypt, Iran, Lebanon,
Iraq and Jordan.
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