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ANNUALREPORT 2023|24








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

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
























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