Remarks made at the Chartered Accountants Day celebrations by ICAI Dubai Chapter
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 recent conference in Dubai entitled: The Story of Comebacks: The Resilient Way organised by the Dubai Chapter of the Institute of Chartered Accountants of India (ICAI).
The conference, attended by more than 700 members of ICAI and their spouses, was organised to celebrate the 78th Chartered Accountants Day that is observed on 1st July every year, as the day marks the founding of the Institute of Chartered Accountants of India (ICAI) in 1949.
“The theme of this evening—‘The Path of Resilience: The Story of Rising Again’—is both important and timely. Resilience is a quality valued by everyone and essential to every successful endeavor; it is something every nation must instill. At the same time, the ability to rise again begins with trust: trust in ourselves, in one another, in our institutions, and in the future, Sheikh Nahyan Bin Mubarak said.
Embodying values
“The UAE embodies these values every day, including during the recent period marked by regional conflicts and uncertainty. Our leadership remained calm, our institutions strong, and our economy confident, while our people stood together in remarkable unity. The world witnessed what we have always known: that the UAE is a nation defined by determination, achievement, and confidence in its ability to overcome all challenges,” he said.
Sheikh Nahyan emphasised that the UAE’s resilience did not come about by chance; rather, it was built over decades through wise leadership, investment in people, and the establishment of strong institutions.
“The UAE’s leaders, through their actions and achievements, set a pioneering example in building a society defined by peace, tolerance, and prosperity, while establishing resilience and strength as fundamental characteristics of the UAE,” the Minister stressed.
“When adversity hits an institution, sound discipline helps it to comeback and businesses rely on the professionalism of Chartered Accountants for it to come back and remain resilient. This way, we contribute to ensure the financial health of the public and private sector and we all should be proud of our contribution,” noted CA Rishi Chawla, Chairman of the Dubai Chapter of the ICAI.
Inclusive growth
Indian government under Prime Minister Narendra Modi is focussing on inclusive growth, according to CA Arun Singh, a Member of the Rajya Sabha, the Upper Chamber of the Indian Parliament.
“Through Digital India, Make in India, Start-up India, AI and Innovation, the government is working for the growth of Indian economy. India has consistently been the fastest-growing country in the world in the last four consecutive years – that reflects our resilience, after a remarkable comeback from the COVID-1 pandemic,” asserted Singh.
“We create trust, Businesses and economies do not grow without trust. Investors don’t invest without trust. You come back from adversity when your purpose becomes bigger than your problems,” asserted CA Amit Khaitan, Vice-Chairman, Dubai Chapter, ICAI.
“India today is one of the fastest-growing economies in the world and the fifth largest economy with its GDP exceeding US$ 4.4tn and annual trade reaching US$ 1.8tn. The story of India is that of come backs and resilience of our farmers and the 30mn NRIs living all over the world. India’s growth story is guided through the ‘Reform, Perform and Transform’ mantra,” affirmed Dr Deepak Mittal, Indian Ambassador to the UAE.
