MCA celebrates 15 years of business in the GCC region

23 May 2024 2 min. read
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International professional services firm MCA has hit a notable milestone in the Middle East, celebrating 15 years of business in the region.

Established in 2009 in Dubai, MCA’s Middle East business has since then expanded with additional offices in the UAE in Sharjah, Abu Dhabi and Abu Dhabi Global Market and in the rest of the GCC in Bahrain, Oman, Qatar and Saudi Arabia.

At a special event held in Manama, leaders and staff from MCA celebrated the 15-year milestone with key relations and officials, shining the light on key achievements and landmarks in the past, as well as on the path ahead, with the firm well positioned to capitalize on opportunities in a thriving GCC business landscape.

MCA celebrates 15 years of business in the GCC region

MCA today has a team of around 100 people, 17 partners and roughly 80 staff. They work across three lines of business: Audit, Tax and Advisory. For projects outside of the GCC, MCA collaborates with GION, an international network of independent accounting and consulting firms.

At the event in Bahrain, R Lakshmanan, Senior Partner at MCA, highlighted the firm’s rapid growth in the last two years at 40% per annum, achieved through the combination of organic growth and acquisitions (including VRK Consulting).

He also highlighted the firm’s expansion in three key sectors – Financial Services, Insurance and Energy – and the launch of its own academy, which initially focuses on the UAE market. MCA also inked several partnerships with niche players and technology vendors to boost its digital consulting expertise in topics such as AI, ML, RPA, and Cybersecurity.

During his keynote, S Venkatesh, Managing Partner of MCA, expressed his gratitude to all stakeholders that have helped MCA along its growth journey, and those that are committed to the firm’s future path. He in addition took the time to thank top-level figures that attended the event, including TN Manoharan, the founding partner of MCA in India.

The event also saw other MCA leaders take the stage, including partners Jamuna Muralidharan and Mani Lakshmanamoorthy.