Page 9 - ICAI Newsletter - 2nd Quarter (Low Res)

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01 July 2023 to 30 September 2023 Events RECAP Events RECAP 01 July 2023 to 30 September 2023

75 CA Day + Investment and Real Estate Summit
th
8 July 2023
th

The Managing committee of ICAI Dubai the 8th of July 2023 at Address Dubai stats around the world’s leading
chapter celebrated the 75th Chartered Marina. The event witnessed many economies in terms of GDPs, IT capital
Accountants Day to celebrate the prominent guest speakers from the expenditure, Household consumption
invaluable contributions made by sector. Our guest speaker Mr. Vikaas rate, etc. He also spoke of some critical
Chartered Accountants, not only in M Sachdev- Managing director of structural changes seen in India across
India, but throughout the world! The Sundaram Alternate Assets Ltd various parameters such as working
event was celebrated by a cake cutting spoke on the benefits of investing population, increase in deposits rate,
ceremony by our respected past in a growing economy to maximize startups, digital payments, innovation
chairmen of this Chapter along with returns. Mr. Sachdev began by and so on.
its committee and senior members of congratulating the CA chapter terming
this Chapter. This event marked the “the smartest brains in the economy” Further speaking on real estate, Mr.
immense gratitude and appreciation for its immense contribution to the Ankur Aggarwal-CEO & Founder
for the unwavering professionalism Indian economy which pleasantly co- of Bricks and Woods Real Estate
of the fraternity. To make the event incided with the Amrit kaal used by spoke of the umpteen investment
memorable the committee invited our honourable Indian Prime Minister opportunities in UAE Real Estate. First
guest speaker CA Binod Shankar, who Narendra Modi. Mr. Vikaas went on to he threw some light on the facts of the
is an author, executive coach, keynote state that some of the critical factors country with its increasing Foreign
speaker and a corporate trainer and which drove India’s growth story was direct investments being the highest
board member of Heriott Watt. CA marked by privatization and assets in the arab world and 19th in the
Binod took our through the journey sale and channeling household world, with high on tourism and GDP
from being a CA to a true leader. He savings into financial markets, among in comparison to other GCC. He also
emphasized on how important it is various other factors. While speaking stated the benefits of investing in UAE
to love what you do and to do it with on the snapshot of the progress made which is due to stability in all aspects
utmost passion, if not, to decide to quit by the country, he said that India was coupled with modern infrastructure,
which doesn’t always mean you are becoming the food basket of the world favorable business environment
not a winner by doing so. and became the third largest startup and excellent geo location of the
ecosystem in the world as per the country. He emphasized that being a
The event day for then followed by the economic survey of 2022. Mr. Vikaas contributor to this economy by way of
Investment and Real Estate Summit also shared some amazing statistics developer or JV partner was an added
which brought together industry on India vs the globe. Next our guest advantage to be part of this global hub
experts to explore the latest trends, speaker Mr. Madanagopal Ramu- in real estate sector. Mr. Aggarwal also
ways to invest in this fast growing UAE Head of Equities and Fund Manager discussed some major projects which
economy and the many opportunities with Sundaram Alternate Assets Ltd were underway and known to the
available in the investment and real spoke on Indian’s turning point. Mr. public at various parts of the country.
estate sector. The event was held on Ramu also highlighted some important

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Issue from 01 April 2023 to 30 June 2023 (for private circulation only) Issue from 01 April 2023 to 30 June 2023 (for private circulation only)