United Accountants, a member of Nexia International, has announced plans to expand its service offerings in the Middle East and North Africa (MENA) region.
The Egypt-based company is targeting sectors such as financial technology, strategic consulting, mergers and acquisitions, and digital transformation, according to a press release posted on Zawya.
United Accountants’ move is in response to the increasing market needs, particularly in international taxation.
Haytham Torkey, managing partner at United Accountants, stated that the firm is a full member of Nexia, which boasts a global presence with 790 offices worldwide.
United Accountants serves more than 480 institutions across diverse economic sectors, including banking, investment funds, financial technology, tourism, hotels, and healthcare.
Torkey highlighted the addition of partners to United Accountants this year.
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By GlobalDataThese partners bring extensive experience from the “Big Four” professional firms and hold high levels of local and international qualifications, he said.
Their expertise is expected to enhance the range of services offered to clients and support the firm’s efforts to penetrate international markets.
Torkey noted that the firm is collaborating with various companies to offer financial due diligence for acquisitions, alongside financial planning and restructuring to improve operational efficiency and foster growth and sustainability.
He also reported a 40% increase in the office’s client base in 2024 compared to the previous year.
Torkey added: “This growth reflects the trust that the financial and business community has in the services we provide and our ongoing expansion in delivering innovative and comprehensive solutions to meet market needs.”
United Accountants comprises nine partners and over 200 experts specialising in accounting, auditing, financial consulting, taxation, strategic planning, and digital transformation.
Torkey also mentioned the firm’s transfer pricing unit, which addresses tax pricing challenges on related party transactions.
The presence of foreign investments, according to Torkey, attracts more local and global investors, increasing diversity and contributing to the stability of the Egyptian market.
Torkey also referenced Egypt’s launch of a regulated voluntary market for carbon reduction certificates as a step towards economic and environmental sustainability.
