BDO ANNOUNCES APPOINTMENT OF NEW MEMBER FIRM IN KUWAIT

Press Release - Brussels, 25 October 2011
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BDO, the world‟s fifth largest accountancy network, has today announced the appointment of a new BDO Member Firm in Kuwait, effective 1 October.  The new BDO Kuwait, Al Nisf & Partners, is among the top three audit, tax and consulting firms in Kuwait. The firm‟s clients in Kuwait include some of the largest business groups and Kuwaiti listed companies, as well as a large number of multinationals operating in Kuwait. 

The new BDO Kuwait‟s managing partner, Qais Al Nisf, is looking forward to the firm‟s future with BDO. He commented that “Since inception we have kept our clients‟ interests at the forefront. We have a real understanding of the Kuwait environment and we specialise in providing innovative, expert and commercially astute audit, tax and consulting services. 

“There is no doubt that we are a good fit for BDO”, he adds. “Delivering an excellent and personal service to our clients is our priority objective, in keeping with BDO‟s stated market position based on strong relationships with clients and distinctive levels of service. Membership of BDO will help us deliver a globally integrated approach to client service”. 

Martin van Roekel, CEO of BDO, is equally pleased that BDO‟s search for a new member firm in Kuwait has resulted in an agreement with a firm of this calibre. “The new BDO Kuwait is considered to be among the best firms in the country.  Kuwait is an important economy in the Middle East and our new firm strengthens BDO‟s presence in the entire Middle East and in the Gulf in particular and will have a positive impact on our ability to serve clients not only in this region, but across the network.  I have no doubt that their joining BDO will not only enable the further rapid growth of the Kuwaiti firm, but bring additional benefits to our network as a whole.”

Note to editors

Service provision within the international BDO network of independent member firms (‘the BDO network’) is coordinated by Brussels Worldwide Services BVBA, a limited liability company incorporated in Belgium with its statutory seat in Brussels.  

Each of BDO International Limited (the governing entity of the BDO network), Brussels Worldwide Services BVBA and the member firms is a separate legal entity and has no liability for another such entity’s acts or omissions. Nothing in the arrangements or rules of the BDO network shall constitute or imply an agency relationship or a partnership between BDO International Limited, Brussels Worldwide Services BVBA and/or the member firms of the BDO network.   

BDO is the brand name for the BDO network and for each of the BDO member firms. 

The combined fee income of all the BDO Member Firms, including the members of their exclusive alliances, was $5.28 billion in 2010. The global network provides advisory services in 119 countries, with almost 47,000 people working out of 1,082 offices worldwide. 

Contacts

Julia Henniker
Brussels Worldwide Services BVBA
 

Tel (+32 2) 778 0130
bws@bwsbrussels.com
  Qais Al Nisf, Managing Partner      
BDO Kuwait
Tel: +965 22 42 69 99    
Fax: +965 22 40 16 66 
qais.alnisf@bdo.com.kw