• Skip to content
  • Skip to navigation

Grant Thornton uses cookies to monitor the performance of this website and improve user experience

To find out more about cookies, what they are and how we use them, please see our privacy notice, which also provides information on how to delete cookies from your hard drive.

Global site
  • Global site
  • Algeria
  • Botswana
  • Cameroon
  • Egypt
  • Ethiopia
  • Gabon
  • Guinea
  • Kenya
  • Libya
  • Malawi
  • Mauritius
  • Morocco
  • Namibia
  • Nigeria
  • Senegal
  • South Africa
  • Togo
  • Tunisia
  • Uganda
  • Zambia
  • Zimbabwe
  • Anguilla
  • Antigua
  • Argentina
  • Aruba, Bonaire, Curacao and St. Maarten
  • Bahamas
  • Barbados
  • Bolivia
  • Brazil
  • British Virgin Islands
  • Canada LLP
  • Canada RCGT
  • Cayman Islands
  • Chile
  • Colombia
  • Costa Rica
  • Dominica
  • Ecuador
  • El Salvador
  • Grenada
  • Guatemala
  • Honduras
  • Mexico
  • Montserrat
  • Nicaragua
  • Panama
  • Paraguay
  • Peru
  • Puerto Rico
  • St Kitts
  • St Lucia
  • St Vincent and the Grenadines
  • Trinidad & Tobago
  • Turks and Caicos Islands
  • United States
  • Uruguay
  • Venezuela
  • Afghanistan
  • Australia
  • Bangladesh
  • Cambodia
  • China
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Korea
  • Malaysia
  • Mongolia
  • Myanmar
  • New Zealand
  • Pakistan
  • Philippines
  • Singapore
  • Taiwan
  • Thailand
  • Vietnam
  • Albania
  • Armenia
  • Austria
  • Azerbaijan
  • Belarus
  • Belgium
  • Bosnia and Herzegovina
  • Bulgaria
  • Channel Islands
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Georgia
  • Germany
  • Gibraltar
  • Greece
  • Hungary
  • Iceland
  • Ireland
  • Isle of Man
  • Israel
  • Italy - Bernoni
  • Italy - Ria
  • Kazakhstan
  • Kosovo
  • Kyrgyzstan
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malta
  • Moldova
  • Monaco
  • Netherlands
  • North Macedonia
  • Northern Ireland
  • Norway
  • Poland
  • Portugal
  • Romania
  • Russia
  • Serbia
  • Slovak Republic
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
  • Tajikistan
  • Turkey
  • Ukraine
  • UK
  • Uzbekistan
  • Bahrain
  • Egypt
  • Jordan
  • Kuwait
  • Lebanon
  • Oman
  • Qatar
  • Saudi Arabia
  • United Arab Emirates
  • Yemen
Grant Thorton Logo

Grant Thornton Logo Grant Thornton logo

  • About Us
  • Insights
  • Services
  • Meet our people
  • Careers
  • News Centre
  • Contact us
  • Advisory
  • Audit
  • Tax & VAT
  • Business Process Outsourcing
Advisory Home
  • Transformation Advisory
  • M&A and Transactions Advisory
  • Forensic
  • Restructuring
  • Incorporation and Compliance
Business Process Outsourcing Home
  • Outsourcing services
  • Grant Thornton UAE
  • News Centre
  • 2020
  • Grant Thornton is One of the Recent Professional Services Firms to be Added to the List of Certified ICV Suppliers

Grant Thornton is One of the Recent Professional Services Firms to be Added to the List of Certified ICV Suppliers.

27 Dec 2020
  • Grant Thornton is One of the Recent Professional Services Firms to be Added to the List of Certified ICV Suppliers

Grant Thornton is One of the Recent Professional Services Firms to be Added to the List of Certified ICV Suppliers

The ICV Programme was launched in 2018 by the Abu Dhabi National Oil Company (ADNOC) to encourage and accelerate socio-economic development, to facilitate and improve knowledge transfer and to generate jobs in the private sector for UAE Nationals. Due to the programme’s success, it has expanded to other sectors including the government of Abu Dhabi represented by Abu Dhabi Department of Economic Development, Aldar Properties, Abu Dhabi Ports, Mubadala and Emirates Nuclear Energy Corporation (ENEC).

Today, over 4,200 suppliers from multiple sectors have been certified under the ICV Programme. The successful programme has driven more than AED 76 Billion back to the UAE economy and created over 2,000 job opportunities in the private sector for UAE Nationals.

In the ICV Programme, suppliers are evaluated on an annual basis by a third-party verification body. Grant Thornton has been appointed as an independent certifying body and is authorized to issue the ICV certification. A suppliers ICV rating will in turn form an integral part of the business transactions with the participating entities.

The evaluation will examine the capabilities of the business within the UAE in areas including:

  • Local manufacturing
  • Third party spending
  • Local investment
  • Emiratization of workforce
  • Expatriate contribution

 

Grant Thornton on ICV

“As a company, we share the values of the ICV programme where we value and invest in the growth and prosperity of the UAE Economy. The programme is a fantastic initiative that promotes transparency whilst creating opportunities benefitting the UAE economy as a whole.  It is with great honour that Grant Thornton signs the MoU with the ICV participating entities and we are very much looking forward to future engagements,” said Samer Hijazi, Office Managing Partner of Grant Thornton Abu Dhabi.

Hisham Farouk, CEO of Grant Thornton UAE further stated “Grant Thornton has, a long legacy in the region and we support all initiatives that reimburse the growth of the UAE. As a firm, we strive on transparency and we aim to add value to entities who are focused on growth, building real value and to invest in innovative models for the future, hence this initiative is a natural progression for Grant Thornton to move with the prosperous future of the UAE."

Please contact us to discuss how we can support you with your ICV Certification.

Hisham Farouk
Hisham Farouk
CEO United Arab Emirates
Email address https://ae.linkedin.com/in/hisham-farouk-5276a015 Hisham Farouk VCard
View full profile
Samer Hijazi
Samer Hijazi
Abu Dhabi Office Managing Partner United Arab Emirates
Email address //ae.linkedin.com/in/samer-hijazi-13998a11 Samer Hijazi VCard
View full profile
  • Grant Thornton on Youtube
  • LinkedIn icon
  • Twitter icon
ABOUTclose
  • About us
  • Services
  • Careers
  • Insight
  • News centre
CONNECTclose
  • Meet our people
  • Contact us
  • Our Offices
LEGALclose
  • Privacy Policy
  • Disclaimer

© 2021 Grant Thornton UAE - All rights reserved. “Grant Thornton” refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton UAE is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions.

    • EN