- Branch to Offer Group’s Full Range of Ethics and Compliance-Related Services
The Dubai Silicon Oasis Authority today announced the Red Flag Group, a leading advisory, due diligence and technology firm, has expanded its global presence by setting up an office at Dubai Silicon Oasis (DSO), the region's premier integrated innovation hub for high-tech industries.
The Red Flag Group assists companies in developing ethics and compliance programmes and conducts anti-corruption due diligence, investigations and audits and breaches of the US Foreign Corrupt Practices Act. The newly-opened office at DSO will offer the group’s full range of ethics and compliance-related services, as well as in-person and online training.
Randa Almomani will head the DSO branch as the General Manager. A 10-year veteran in information technology integration and development, Almomani is also the group’s Head of Greater Gulf region and serve as the company’s Lead Customer Advocate for its ComplianceDesktop platform that helps manage ‘conflicts of interest’ disclosures, approvals, management and escalations.
Scott Lane, CEO of the Red Flag Group, said: “Dubai was a natural growth area for the Red Flag Group because of its growing focus on corporate governance and compliance. With the Gulf region becoming more globally active, companies and governments are recognizing the value that good corporate compliance can bring.
“As we develop compliance-driven technology solutions for some of the world’s leading companies, DSO was our obvious choice. We are confident our presence at the technology park will help us develop greater synergy with its business partners that comprise some of the world’s best known names in the industry.”
The Red Flag Group’s newly established operations will additionally 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.
Adnan Al Bahar, Senior Director – 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 aiming to expand their operations in this region in general and Dubai Silicon Oasis in particular.
“We welcome the Red Flag Group to DSO and look forward to participating in their success story of launching a distinctive footprint in the region.”
Strategically located at the cross-roads of the globe’s emerging markets, Dubai Silicon Oasis offers an ideal base for the semiconductor, microelectronics and other high technology-based companies looking to set up their regional headquarters and R&D facilities in the Middle East and North Africa region. Offering a dedicated environment and sophisticated expertise on global standards, DSO aims to become one of the world’s leading centers of advanced electronic innovation, design and development.
