Dennis Nally is chairman of the international accounting firm PricewaterhouseCoopers (PwC), which recently held the quarterly meeting of its "strategy council" in Dubai for the first time. Here he gives his views on the regional and global economic scene.
Why did you decide to bring the PwC gathering to the UAE?
I know the region pretty well, having travelled here a lot in recent months. But to get 21 of the senior leaders of the firm here gives them the opportunity to understand what's going on in a part of the world that's critical for us. We have big ambitions here. We want to be number one in this region over the next 12 months, which would mean overtaking Ernst & Young [a rival accounting firm]. The region is relatively small in terms of global GDP, but the potential opportunities, which is what interests the clients, make it a strategic part of the PwC network.
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