Experience the documentary: Journey of a Legendary Egyptian Entrepreneur who Established Roots in the UAE Six Decades Ago
In the vibrant city of Dubai, nestled within the modern One Central building, lies one of the UAE's leading professional firms, Grant Thornton UAE. With a workforce of over 500 employees, the company has grown significantly since its humble beginnings in the 1960s, thanks in large part to the vision and efforts of its founder, Farouk Mohamed.
Farouk's journey began in 1963, six years before the formation of the UAE. He arrived in the country and started working for a company dealing in import, export, and construction. After three years, he decided to embark on his own venture, setting up his practice in a small office in Dubai in 1966.
The growth of Farouk's firm led to an increase in staff, larger offices, more facilities, and a better organisational structure. In 1981, the firm joined Grant Thornton International, one of the largest audit networks worldwide, marking a significant milestone in its development.
Farouk's fondest memory is witnessing the formation of the UAE and the strides made by the great founding fathers, the late Sheikh Zayed bin Sultan Al Nahyan and the late Sheikh Rashid bin Saeed Al Maktoum. He promoted an expanding relationship with creators of different family companies that became notable figures in the UAE, earning their trust and confidence.
Grant Thornton UAE has been a significant contributor to the growth of numerous household companies in the UAE, which continue to drive the country's growth. In 2016, Hisham, Farouk's son, was appointed to the international board of Grant Thornton International.
Hisham joined Grant Thornton UAE 25 years ago and has played a crucial role in its current development. In 2021, Farouk was awarded the Fakhr Al Arab Honor for Excellence, recognising his significant contributions to the business community in the UAE.
Despite the lack of specific details about Grant Thornton UAE's founding during the transformative 1960s, it is clear that Farouk Mohamed's vision and dedication have played a crucial role in the firm's success. Today, Grant Thornton UAE continues to provide premium quality services to the business community in the UAE, thanks to the legacy left by its founder.
[1] Source: https://en.wikipedia.org/wiki/History_of_the_United_Arab_Emirates
- Farouk Mohamed's early career in import, export, and construction industries in the 1960s laid the foundation for his future endeavors in finance and business, which later led to the establishment of Grant Thornton UAE.
- Grant Thornton UAE's involvement in the growth of numerous household companies in the UAE, coupled with Hisham's role and Farouk's contributions to the business community, have made the firm a significant player in the country's thriving business and education sectors, influencing the news and industry landscape.
- In addition to traditional auditing services, Grant Thornton UAE also focuses on the latest trends in education and finance, offering consultations for schools and providing financial advisory services for various businesses, further solidifying its position in the UAE's business world.
