The UAE is set to emerge as one of Ernst & Young’s (EY) fastest-growing markets globally over the next five to ten years, driven by strong public-private collaboration, according to Anthony O'Sullivan, Managing Partner of EY UAE.
Speaking at Investopia 2025 in Abu Dhabi, O'Sullivan emphasized the UAE’s status as a key investment hub, noting that EY’s global leadership considers the region a strategic priority. Since establishing operations in the UAE in 1966, EY has built its Dubai office into the largest in the Middle East, hosting top regional leaders and major clients.
AI and Technology Driving Business Transformation
O'Sullivan underscored the growing role of AI and technology in enhancing operational efficiency and financial compliance across industries.
“AI is transforming the way businesses operate, particularly in consulting, tax compliance, and financial auditing,”
he said, adding that EY is both adopting AI internally and helping clients integrate AI-driven solutions.
ESG and Sustainability at the Forefront
The UAE is also leading the Middle East’s transition to sustainability, with Environmental, Social, and Governance (ESG) standards playing a crucial role. O'Sullivan cited Egypt’s COP27 and the UAE’s upcoming COP28 as milestones in the region’s sustainability commitment. EY is actively helping companies design and implement ESG strategies, further positioning the UAE as a global leader in sustainable business practices.
Shaping the Future of Business
With a focus on innovation, AI, and sustainability, the UAE is well-positioned for continued economic success, attracting major investments and driving the future of business in the region.
News Source: Emirates News Agency
