About us - United Arab Emirates
The United Arab Emirates (UAE) is located on the Arabian Gulf, bordering Oman and Saudi Arabia. Established in 1971, the UAE is a constitutional federation of seven emirates: Dubai, Sharjah, Ras Al-Khaimah, Umm Al-Quwain, Ajman, Fujairah and Abu Dhabi – the capital.
The UAE has an open economy with a high per capita income and substantial annual trade surplus. With the discovery of oil in 1958, the country has experienced profound transformation into a modern state with a high standard of living. Today, the government continues to invest on infrastructure expansion, job creation, land reclamation, industries development, oil refinement, and turning the country’s ports into renowned trade centers.
The official UAE language is Arabic, but English is widely spoken and ranks alongside Arabic as the official language of commerce. In addition to UAE nationals, the population includes large numbers of non-UAE Arabs, Iranians, South Asians and other Expatriates, all of whom add to the diversity of the UAE’s cosmopolitan society. The majority of the population is Muslim. The population of the UAE has grown dramatically over the last two decades and stands at over four million today.
Abu Dhabi is both the capital city of the United Arab Emirates (UAE) and the largest of the seven individual emirates that make up the country. Situated on the north east of the Arabian Peninsula, it covers an area of about 67,340 sq. km which is 87% of the country's total. With some 10% of the world's known oil reserves, Abu Dhabi ranks as the richest of the emirates and a global economic powerhouse in its own right.
The local time is GMT + 4 hours.
Abu Dhabi Office
The Abu Dhabi office of Ernst & Young was opened in 1966 and has scaled remarkable heights since then. The office has over 280 professionals, including 6 resident partners, all devoting their expertise to an ever increasing client base.
The Abu Dhabi office offers a wide range of services, including Audit, Business Advisory Services, Business Community Training, International Taxation, Business Risk Services/Internal Audit and Technology & Security Risk Services.
The office’s client base includes reputable conventional and Islamic banks and financial institutions, oil and gas majors, utilities and manufacturing firms from both the government and private sector.
Ernst & Young’s Abu Dhabi office is located in Hamdan Street on the 11th Floor of Al Gaith Tower (Abu Dhabi Securities Market Building), office 1104.
For more information on the services offered by the Abu Dhabi office please contact Bassam Hage.
Dubai shares borders with Abu Dhabi in the south, Sharjah in the northeast, and the Sultanate of Oman in the southeast. Dubai lies directly within the Arabian Desert and the Dubai Creek runs northeast-southwest through the city.
Dubai has a hot and, at times, humid climate. Rainfall is generally light, with an annual average of about 100 mm. The local time is GMT +4 hours.
Dubai has transformed into one of the fastest growing cities in the world. A flourishing world-class business and tourism centre, the city has long ago begun the task of diversifying its economy. Encouraging tax regimes, state-of-the-art telecommunications, and infrastructure have produced a city that continues to prosper on the advantages of its location.
Ernst & Young’s Dubai office has more than doubled in size over the past two years. The office now has a solid base of over 565 experienced and qualified professionals and 12 resident partners.
The practice offers its clients value added services in Assurance & Business Advisory Services; Transaction Support Services; Business Community Training; Business Risk Services (internal audit); Technology & Security Risk Services; International Tax Services; and Lead Advisory Services.
The office also provides clients in the real estate and hospitality industry with highly specialized services through its Middle East Real Estate, Hospitality and Leisure Advisory and Transaction Services. The Middle East Mergers & Acquisition Advisory Services group also resides in Dubai and offers specialized M&A resources and expertise.
The Dubai client base is varied, encompassing a number of multinational clients, government organizations and large private owned businesses. It includes companies in real estate, hospitality, telecommunications and financial services.
The office is on the 28th floor of Al Attar Business Towers on Sheikh Zayed Road. The building houses HSBC on the bottom floor and is on the same side of the road as Dusit Dubai and Emirates Towers.
For more information please contact Joe Murphy.