Printer Friendly

PwC Global Chairman and ME Senior Partner inaugurate the firm's new office in ADGM.

PwC announced the official opening of its new office in Abu Dhabi Global Market, the International Financial Centre in the UAE's Capital.

The new offices, located on the 25th and 26th floors of Al Khatem Tower at ADGM Square on Al Maryah Island, were inaugurated by PwC Global Chairman Bob Moritz and Hani Ashkar, PwC's Middle East Territory Senior Partner on Tuesday. PwC's new office now hosts about 300 staff from PwC Middle East's Assurance, Advisory and Tax and Legal services teams.

Commenting on the inauguration, Bob Moritz, PwC Global Chairman said, "This is a proud moment for us - Abu Dhabi Global Market exemplifies the growth story which the UAE capital has embarked on. In a very short span of time, ADGM has helped to firmly place Abu Dhabi in the ranks of leading global financial hubs and we are excited about our presence here as part of our commitment to Abu Dhabi and the region."

Mr Dhaher Bin Dhaher, CEO of the Registration Authority of ADGM, said, "We are pleased to welcome PwC to the family and adding to our vibrant community of international professional and corporate services at ADGM. PwC's decision attests to ADGM's role as an international financial centre that caters to and serves the evolving needs of businesses in Abu Dhabi, the region and globally. As a hub for the region, ADGM provides a reliable, responsive and well-regulated environment that enables our registered firms and companies, financial and non-financial, to further their ambition and realise their growth. We look forward to PwC and its team in continuing their long-term commitment in Abu Dhabi and enhancing their service offerings at ADGM. At ADGM, we will continue to play our part in addressing the expanding needs of the marketplace and safeguard the best interests of our stakeholders and investors."

For his part, Hani Ashkar, Territory Senior Partner at PwC Middle East commented, "Our new location will help us to further strengthen and build on the strategic and valued relationships we have with Abu Dhabi Global Market's existing tenants."

He added, "The new office illustrates our long-standing dedication to Abu Dhabi and to our clients here. Abu Dhabi has been home to PwC since 1979, when we first established our practice here. Today, we have over 1,800 people working across the UAE and we hope that our new location, at the heart of Abu Dhabi's financial centre, will help bring us even closer to our clients. We are proud to have been a part of the remarkable growth and development the country has seen in recent years, and we look forward to continuing our journey of working alongside our clients to build trust in society and solve important problems."

[c] 2016 CPI Financial. All rights reserved. Provided by SyndiGate Media Inc. ( ).

COPYRIGHT 2016 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:CPI Financial
Geographic Code:70MID
Date:Oct 20, 2016
Previous Article:RAM Ratings downgrades Al Bayan's Sukuk rating to BB2, maintains negative Rating Watch.
Next Article:It's hard to get rid of the governor of a central bank: here's why.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |