The Institute of Chartered Accountants of India (ICAI) Dubai Chapter has recently announced its 2023-24 roadmap with a focus on “Sustainable Technology through Innovation.” The initiative, referred to as “Sustech,” will be a major part of the chapter’s events and activities for the next year.
The Backbone of the UAE Economy
Indian Chartered Accountants have become key players in the UAE’s economy, with over 8,000 managing the financial affairs of large business houses. According to Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, Indian Chartered Accountants have now become some of the most successful business leaders in the UAE, contributing to the growth of bilateral trade with India, which exceeded $49 billion last year.
His Excellency Sunjay Sudhir, Indian Ambassador to the UAE, echoed this sentiment, stating that the 8,000-strong Indian Chartered Accountants form the backbone of the UAE economy.
Empowering Women in Accounting
The ICAI Dubai Chapter is also focusing on women empowerment, as 44 percent of Chartered Accountants in India are women. CA Rajesh Somani, Vice Chairman of the ICAI Dubai Chapter, emphasizes the importance of empowering women in the field of accounting.
Sustainable Technology through Innovative Ideas
CA Harikishan Rankawat, Chairman of the ICAI Dubai Chapter, announced the new roadmap, which includes over 40 events, including five international conferences, with one specifically focused on sustainability. CA Jai Prakash Agarwal, Secretary of the ICAI Dubai Chapter, stresses the importance of sustainable technology through innovative ideas for future generations.
Bollywood star-turned philanthropist Vivek Oberoi also spoke at the conference, emphasizing the crucial role Chartered Accountants play in the success of businesses. He stated that Chartered Accountants hold both the locks and the keys to unlocking a business’s potential and sowing the seeds of change.
A Clean and Green Society
His Excellency Sunjay Sudhir, Indian Ambassador to the UAE, highlighted India’s efforts towards sustainable development, mentioning that India has achieved its goal of having 40 percent of its energy from non-fossil fuel sources, 9 years ahead of the target.
Bridging the Gap: Health and Wealth
The ICAI Dubai Chapter recently organized a large conference titled “Bridging the Gap: Health and Wealth,” which was attended by over 1,500 professionals, business leaders, dignitaries, and high officials. The focus was on the importance of both health and wealth for personal and professional success.
Bollywood star-turned philanthropist Vivek Oberoi captivated the audience with his speech, reiterating the crucial role Chartered Accountants play in the success of businesses. He encouraged Chartered Accountants to use their skills and knowledge to unlock the potential and make positive changes.
About ICAI Dubai Chapter
The ICAI Dubai Chapter is the largest accounting professionals’ group in the UAE, comprising some of the most influential players in the UAE’s public and private sectors. Established in 1982, the chapter has registered significant growth in membership and currently has over 3,100 members representing more than 1,550 multinationals and other companies.
The ICAI Dubai Chapter is also the largest, most active, and award-winning chapter among the 44 overseas chapters of ICAI. With its ambitious roadmap for 2023-24, the chapter is poised to make a significant impact in the fields of sustainability, technology, and innovation.
The ICAI Dubai Chapter’s focus on sustainable technology through innovation and its commitment to empowering women in the field of accounting demonstrate its dedication to promoting positive change and growth in the UAE’s economy.
Credit: Mid East Information