Russell Bedford Names Sherif Dabbous as New Member Firm in Cairo, Egypt

London, United Kingdom, January 17, 2009 --(PR.com)-- Russell Bedford International has announced the appointment of Sherif Dabbous as the global audit network's new member firm in Cairo, Egypt.

The Cairo-based public accounting and audit practice was founded by Mansour Dabbous in 1964. The firm initially developed a regional focus, opening representative offices in Libya, Lebanon and Kuwait.

In 1979 Sherif Dabbous, son of the founder, joined the firm and refocused on work in Egypt. Over the years, with expansion of the client base and diversification of the services offered, the firm has grown to become one of the larger independent audit practices in the country, with 45 personnel in total.

The firm’s senior partner, Sherif Dabbous, has more than 30 years of professional experience in auditing, taxation, company formation and corporate restructuring covering a wide range of industries such as tourism, textiles, iron and steel and financial institutions.

Samir Ismail is a director with some 36 years’ professional experience in auditing and taxation. Before joining the firm in 1998, he was an auditor at the Egyptian Auditing & Regulatory Agency, responsible for the audits of many public companies in a variety of industries.

Mohamed el Shafee, another director with more than 30 years’ experience, was also an auditor at the same agency before joining the firm in 2006. His experience includes the audits of public companies in the banking, private equity, industrial, retail and entertainment sectors.

Amira Thabet is the corporate services director. She is a chartered accountant with more than 16 years of experience. Besides her auditing and tax roles, she specialises in company restructuring and the establishment and registration of public and private companies.

Karim Dabbous, grandson of the founder, joined the firm in 2002. He then moved to a Big-4 firm, gaining experience in audit and transaction services in a wide range of sectors, before re-joining the firm in 2007.

The firm is licensed to audit publicly-listed companies, banks and other financial institutions, as well as privately held companies.

For more information, contact Karim Dabbous on +202 23930059. Alternatively, visit the websites at www.sherifdabbous.com and www.russellbedford.com.

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Note to Editors

Established in 1983, Russell Bedford International is a global network of independent accountancy firms, business consultants and specialist legal advisers.

Ranked as one of the world's top 30 accounting groups and one of the top 20 audit networks, Russell Bedford is represented by some 460 partners, 4000 staff and 200 offices in more than 70 countries in Europe, the Americas, the Middle East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international business advice and services to local and multinational clients. Most provide a full range of services comprising accounting, auditing, tax advice, general business guidance and financial consulting. In addition, many have special expertise in particular fields, such as international taxation or information technology.

In January 2008 Russell Bedford International was been named one of the first 17 full members of the IFAC Forum of Firms after reporting it has implemented a globally coordinated quality assurance programme, committed to the use of International Standards on Auditing (ISAs), and met other specific ethics requirements.