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How this CA lost his job in 2008 crisis & started a consulting and audit firm in competitive markets like Dubai & Bahrain

Opportunities in the UAE and GCC for finance, tax consulting and auditing services are booming. This is fuelled by economic growth, regulatory changes, and the rise of SMEs, says the founder of an audit and consulting firm in the UAE. Here is how he did it.

The Finance Story by The Finance Story
Published date: 27th March, 2024
Last edited date: 7th April, 2024
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How this CA built a consulting & audit practice in Bahrain & Dubai
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  • Hi, I am CA Dinesh Singh. I was one of the many who lost my job during the 2008 financial crisis in Dubai.
  • I turned that adversity into opportunity by establishing an Audit, Finance, and Tax Consulting firm. 
  • With the UAE’s focus on compliance and the growth of SMEs, demand for our services is rising.
  • Here is how you can expand into Dubai & GCC. 

Backstory

I began my professional journey in the mid-90s with an MNC bank in India, while simultaneously pursuing Chartered Accountancy.

Upon qualifying as a CA, I continued my banking career. However, in the late 90s and early 2000s, the bank I worked for saw a rapid decline in market share.

Around the same time, a former colleague who was leading wealth management at a UAE Nationalized Bank reached out to me. He offered me a position on his team, promising international exposure, which I eagerly accepted.

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