New branch will offer the group's full range of ethics and compliance-related services
HONG KONG, Aug. 6 /PRNewswire-Asia/ -- The Red Flag Group, a leading advisory, due diligence and technology firm, today announced that it has expanded its global presence by opening an office in Dubai, United Arab Emirates.
(Logo: http://www.prnasia.com/sa/2009/08/06/200908061401.jpg )
Located at Dubai Silicon Oasis (DSO), the region's premier integrated innovations hub for high-tech industries, Red Flag Group will benefit from DSO's strategic location on Emirates Road with quick access to the Dubai International Airport, Jebel Ali Port, and the city's central business district. The newly-opened office will offer the group's full range of ethics and compliance-related services, from full-fledged policy development and implementation, corporate due-diligence, investigations, audits, compliance technology application development, as well as both in-person and online training. It will be headed by Randa Almomani, who was appointed in July as the branch's General Manager, as well as the group's Head of the Greater Gulf region.
Ms Almomani, a 10-year veteran in information technology integration and development, will also serve as the company's Lead Customer Advocate for its ComplianceDesktop platform. ComplianceDesktop is an enterprise compliance management platform. Ms Almomani will manage all client integrations of the platform.
The Red Flag Group assists companies in developing ethics and compliance programs and conducts anti-corruption due diligence, investigations and audits and breaches of the US Foreign Corrupt Practices Act.
The CEO of the group, Scott Lane, said: "Dubai was a natural growth area for The Red Flag Group because its growing focus on corporate governance and compliance. As the gulf region becomes more globally active, companies and governments recognize the value that good corporate compliance can bring to a company."
"Opening in Dubai was an obvious choice for the gulf region. As we develop compliance-driven technology solutions for some of the world's leading companies, we chose the DSO, a Technology Park for semiconductors, microelectronics and other high technology-based companies looking to set up their regional headquarters and research and development facilities in the Middle East and North Africa region," Mr. Lane added.
Adnan Al Bahar, Senior Director for Marketing and Corporate Communications at Dubai Silicon Oasis Authority (DSOA), said: "As a Technology Free-zone, DSO provides the right environment for ease of doing business for technology based companies. In addition, Dubai's ranking as one of the most business-friendly cities in the region, a talented work-force, and the Free-zone benefits are other attractive factors that will offer enormous benefits to technology companies to expand their operations in this region in general and in Dubai Silicon Oasis in specific. We are pleased to see The Red Flag Group selecting the DSO to launch its footprint in the region."
Dubai Silicon Oasis is a Technology Park strategically located at the cross-roads of the globe's emerging markets, with an objective to facilitate and promote modern technology-based industries in the emirate of Dubai and make Dubai Silicon Oasis one of the world's leading centers of advanced electronic innovation, design and development. Dubai Silicon Oasis extends an appealing value proposition embodied in the presence of full government support, competitive cost of operations, state-of-the-art infrastructure, advanced IT network, free zone benefits, 100 per cent owner ship, and above all an environment that is specifically designed for the technology industry.
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About The Red Flag Group
The Red Flag Group is one of the world's leading independent ethics and compliance consultancies. Its main goals include helping companies develop and maintain efficient and effective compliance programs, and provide ethics and compliance-related due diligence, investigations, and audits. It also provides tailored technology solutions to help legal and compliance professionals manage a range of ethics and compliance issues, from conflicts of interest, to dealing with gifts and hospitality, and customized and comprehensive online learning solutions for complex issues on global compliance.
Headquartered in Hong Kong, it also has offices in Singapore, London, and Dubai. For more information, go to http://www.redflaggroup.com
For media enquiries, please contact:
Scott Lane
Tel: +852-8175-8932
Email: lane@redflaggroup.com
Raymond Ma
Tel: +852-2811-1976
Email: raymondslma@netvigator.com
