Latest news with #KAAA
Arab Times
04-06-2025
- Business
- Arab Times
ICAIKC hosts ‘Focus Gives Success' by Dr. Velumani, Thyrocare founder
KUWAIT CITY, June 4: The Institute of Chartered Accountants of India Kuwait Chapter (ICAIKC) successfully hosted an engaging and motivational Continuing Professional Education (CPE) event titled 'Focus Gives Success' at the Crowne Plaza Hotel, Kuwait. The session featured a captivating keynote address by Dr. A. Velumani, Creator of Thyrocare, and drew participation from a large number of finance professionals, their spouses, and distinguished guests across Kuwait. The event was graced by His Excellency Dr. Adarsh Swaika, Ambassador of India to the State of Kuwait, who praised ICAIKC's continuous efforts in advancing professional development and strengthening India-Kuwait ties in the financial and corporate sectors. Also in attendance was Mr. Sabah Al-Jalawi, Chairman of the Kuwait Accountants and Auditors Association (KAAA), who commended the chapter's commitment to promoting excellence, ethics, and education in the accounting profession. Dr. Velumani shared his extraordinary journey from humble beginnings to building one of India's most successful diagnostic companies, emphasizing the transformative power of clarity, consistency, and unwavering focus. His session resonated deeply with attendees, offering a blend of humor, humility, and hard-earned wisdom. CA Rohit Agarwal, Chairman of ICAIKC and CA Aditya Vikram Dhanuka, immediate past Chairman extended heartfelt thanks to Dr. Velumani, the dignitaries, and all participating members. 'Dr. Velumani's story is a masterclass in resilience and vision,' CA Rohit remarked. 'It reminded us that success doesn't just come from skill, but from a focused and fearless mindset.' The event concluded with a heartfelt vote of thanks delivered by CA Andaleeb Girkar. She expressed deep appreciation to the esteemed speaker, Dr. A. Velumani, for his inspiring and motivational address. Special gratitude was extended to the Chief Guest, H.E. Dr. Adarsh Swaika, Ambassador of India to Kuwait, and Mr. Sabah Al-Jalawi, Chairman of the Kuwait Accountants and Auditors Association (KAAA), along with other distinguished guests, attendees, and the dedicated organizing committee. She also acknowledged the unwavering support of the Chapter's annual sponsors – NBK, Al Mulla Exchange, and Cube Innovators – and thanked the media partners, (IIK), Times Kuwait, and Arab Times, for their continued collaboration and coverage. For more information on future events and initiatives, visit and join ICAIKC in its ongoing journey toward professional excellence.
Arab Times
02-05-2025
- Business
- Arab Times
KAAA's chief calls for a unified approach to tax implementation
KUWAIT CITY, May 1: Chairman of the Board of Directors of Kuwait Association of Accountants and Auditors (KAAA) Sabah Al-Jalawi has stressed the importance of raising awareness on tax and ensuring full understanding of the mechanisms for its implementation in institutions. In his speech at the opening of the First Gulf Forum on the Future of Tax Systems held Wednesday with the theme, 'Spreading Tax Awareness and How Institutions Can Implement It,' Al-Jalawi asserted that this responsibility requires the concerted efforts of all relevant parties, including government agencies, the Ministry of Finance and civil society organizations. Representatives of the Ministry of Finance and numerous government and private entities attended the forum, during which Al-Jalawi affirmed that KAAA has always been committed to raising the level of the accounting and auditing professions, developing national competencies, and stimulating innovation to serve institutions and entities in the public and private sectors. He also underscored the need to cooperate with government agencies and private entities to develop and strengthen the aforementioned professions. He pointed out that the one-day forum will contribute to the exchange of expertise and exposure to best regional and international practices in the field of tax systems, as well as produce plausible recommendations for the development of these systems, while enhancing their role in serving the national economy and that of other Gulf Cooperation Council (GCC) countries. He asserted this is important given that the conference is being held at a critical time, when the Gulf region is witnessing rapid economic and development; hence, the need for the development and modernization of the financial and tax systems to keep pace with such aspirations. He added the modern tax systems are the main pillars in ensuring financial sustainability and promoting economic and social development. On the other hand, Chairperson of the forum's Scientific Committee Dr. Jumana Al-Sayrafi who is also a faculty member at Kuwait University, disclosed that the forum focused on the economic development, tax and financial systems and policies. She said 'we are currently witnessing many local, regional and international transformations; particularly concerning financial and tax policies that necessitate the development of an ambitious plan with clear objectives. Kuwait has laid down a plan to improve government performance and direct national resources toward achieving the desired goals. The plan includes an integrated system of development documents.' She cited the five-year plan, which outlines the long-term development paths of the country through mechanisms, means and projects that ensure the achievement of development goals in the long and medium terms; as well as the provision of appropriate infrastructure, financial legislation and a business environment conducive to development. Al-Seyassah/Arab Times Staff
