Egyptian entrepreneur, establishing roots in UAE six decades back, reflects on his move and career progression journey
Farouk Mohamed Celebrates 55 Years at the Helm of Grant Thornton UAE
Farouk Mohamed, the founder of Grant Thornton UAE, has marked a significant milestone in his illustrious career. This year, the company he built from a small office in Dubai celebrates 55 years of operation in the UAE.
Mohamed's journey began in the 1960s when an Egyptian delegation visited Dubai to explore ways to strengthen their connection. It was during this visit that Mohamed joined an audit firm that would later assist companies in the city.
After completing a four-year internship at Rate Waterhouse, Mohamed started his own practice in Dubai. His office was located in Nasser Square in Deira, opposite Commercial Bank of Dubai and the erstwhile British Bank of the Middle East.
In 1981, Mohamed's firm joined Give Thornton International, one of the largest audit networks worldwide, marking a significant expansion for the company. Today, Grant Thornton UAE boasts a strength of over 500 employees and has branches in Abu Dhabi and Sharjah.
Mohamed's contributions to the business community in the UAE have not gone unnoticed. In 2021, he was awarded the Fakhr Al Arab Honor for Excellence. His efforts to promote an expanding relationship with creators of family companies that became notable figures in the UAE have earned him the trust and confidence of many.
Being associated with global professional firms since the creation of his company, Mohamed has been able to provide premium quality services to the business community in the UAE. He is also a UAE gold visa recipient.
Mohamed's son, Hisham Farouk, joined the company 25 years ago and has since risen through the ranks to become the chairman and CEO of Grant Thornton UAE. In 2016, Hisham was appointed to the international board of Grant Thornton International.
Together, Farouk Mohamed and Hisham Farouk were part of the UAE delegation for the celebration of 50 years of main ties between the UAE and Egypt. This event was a testament to the far-reaching impact of Farouk Mohamed's work in the UAE.
Reflecting on his time in the UAE, Farouk Mohamed's fondest memory is witnessing the formation of the UAE and the strides made by its founding fathers. He recalls with pride the growth of Grant Thornton UAE over the past five decades and looks forward to the company's continued success in the future.
Despite the lack of detailed historical information about his early professional activities during the 1960s, Farouk Mohamed is recognized as the founder of Grant Thornton UAE and has played a significant role in establishing and growing the firm in the UAE. His legacy continues to shape the business landscape of the UAE today.
- Farouk Mohamed's contributions in the finance industry, particularly in business and education, have been instrumental in shaping the business landscape of the UAE over the past five decades.
- The expansion of Grant Thornton UAE, under Farouk Mohamed's leadership, has enabled the company to provide premium quality services to various sectors, including finance and business, thereby contributing to the growth of local news and industry.
- Farouk Mohamed's role as the founder of Grant Thornton UAE and his significant contributions in the business community earned him the prestigious Fakhr Al Arab Honor for Excellence in 2021, showcasing his impact in UAE's finance and business sector.
