Tag Archives: ICAI Dubai Chapter

UAE: The Top Investment Destination in the Middle East

UAE remains the safest haven for investment due to safety, security and resilience, officials say at an ICAI Conference in Dubai

India has 5,400 listed companies and more than 2 million unlisted businesses including 35,000 companies that each generate more than Rs1 billion. Investing in them could help multiply returns. In India only 3.5 per cent of the population invests in equities, while in the United States, this is more than 55 per cent

Date: Dubai, UAE; July 14, 2026

News Highlights

  1. With US$48.24 billion Foreign Direct Investment (FDI) inflow, the UAE ranked the top destination in the Middle East and 9th in the world for investment in 2025;
  • Dubai’s GDP recorded a 2.4 per cent growth exceeding Dh232 billion in the first quarter of 2026, despite regional tension;
  • The UAE has Sovereign Wealth Funds (SWFs) with more than US$2.49 trillion – one of the largest resources – that helps the country to invest and create opportunities;
  • The UAE is a US$620 billion economy, with more than 1.4 million registered companies. However, the number of listed companies in the UAE is around 200 only;
  • Alternative Investment commitments in India jumped 25 per cent to US$175 billion year-on-year as of March 2026;
  • Funds raised by Alternative Investment crossed US$75 billion for the first time in India in FY2026.
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HE Sheikh Nahyan bin Mubarak Praises UAE-India Relations

HE Sheikh Nahyan bin Mubarak lauds UAE-India relations as the strongest and most dynamic in the world at the Chartered Accountants Day celebrations by ICAI Dubai Chapter

India is attracting investment from Non-Resident Indians through the Foreign Currency Non-Resident (FCNR) route as NRI deposits reach approximately US$166 billion, including US$33.7 billion through FCNR accounts

Date: Dubai, UAE; June 29, 2026

The UAE-India bilateral relations is among the strongest and most dynamic partnerships in the world – a partnership founded on trade and investment as well as shared values, mutual respect and the exceptional contributions made by the Indian community across various aspects of life in the UAE, HE Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister for Tolerance and Coexistence, said at a conference titled: The Story of Comebacks: The Resilient Way organised by the Dubai Chapter of the Institute of Chartered Accountants of India (ICAI)

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ICAI Dubai Chapter Welcomes New Executive Committee 2026

Date: Dubai, UAE; April 06, 2026

The Dubai Chapter of the Institute of Chartered Accountants of India (ICAI) has announced its newly elected Executive Committee for the year, with Rishi Chawla assuming charge as Chairman of the Chapter.

He will be supported by Amit Khaitan as Vice Chairman, along with Aashna Mulgaonkar as Secretary and Sanjay Gagarani as Treasurer.

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