INTERNATIONAL. Booz Allen Hamilton (NYSE: BAH) announced today it has been licensed by the Qatar Financial Centre Authority to pursue business opportunities in Qatar in support of domestic economic diversification.
The firm will focus its expertise on providing specialist services to government and commercial clients on critical issues related to the nation’s development, most notably in the areas of information technology, cyber security and transportation and other selected infrastructure.
Qatar is showing rapid development and growth of its economy, including areas in which Booz Allen Hamilton has significant expertise. “It is worth noting that, in terms of connectivity alone, Qatar placed 28th out of 142 countries surveyed in the World Economic Forum’s Global Information and Communications Report 2012, and impressive strides have been taken in a range of sectors,” said Senior Vice President Don Pressley, who leads the firm’s MENA operations.
“These trends are emblematic of an economy in an exciting growth phase that Booz Allen Hamilton is ideally placed to support. We bring to Qatar much more than just our extensive prior experience in the Middle East. Booz Allen Hamilton is known for its focus on our clients’ most important missions, our inspired thinking and a strategic approach to technology that delivers sustainable economic growth.”
Booz Allen Hamilton will draw on nearly 100 years of global experience in support of Qatar’s economic diversification beyond the hydrocarbon sector and the pursuit of its detailed development plan.
The firm will offer expertise in capability building to strengthen necessary skills and institution building to help existing organizations mature and prosper. Booz Allen Hamilton anticipates providing Qatari organizations specific and extensive expertise in key sectors, including energy, financial services, healthcare, mobile technologies and core infrastructure with an emphasis on sustainable economic growth.
In addition, the firm will guide civil government, defense and security clients in the development of their technological capabilities while ensuring the security of their data, systems, and infrastructure.
Booz Allen Hamilton’s highly effective cyber capabilities can offer specific value in Qatar to protect its developing economy and infrastructure against the growing trend of global cyber-attacks.
To thwart these attacks, Booz Allen Hamilton believes that clients must embrace a comprehensive and dynamic cyber-defense capability in response to the aggressive, creative, and methodical approach in which cyber adversaries attack.
Booz Allen Hamilton’s registration to do business in Qatar is a key pillar in its strategy to engage in the Middle East as a full partner in the growth and development of the region. The firm will continue to expand its government and commercial consulting business in the Middle East and North Africa.
Booz Allen Hamilton’s non-compete agreement with Booz & Co. expired in 2011, with respect to the international and commercial business the firm spun off in 2008. Booz Allen Hamilton has since established a MENA regional headquarters office in Abu Dhabi, with staff deployed elsewhere in the region. The firm is marketing a broad spectrum of organization and strategy, program management and other services in support of government and commercial clients across the region.
More information about Booz Allen Hamilton’s capabilities is available on its website in English and Arabic. Additional information comparing the cyber power of the G20 nations is available on the Cyber Index, created by the Economist Information Group and sponsored by Booz Allen Hamilton, at www.cyberhub.com
About Booz Allen Hamilton
Booz Allen Hamilton (NYSE: BAH) is a leading provider of management and technology consulting services to the U.S. government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations.
Booz Allen is headquartered in McLean, Virginia, employs more than 25,000 people, and had revenue of $5.59 billion for the 12 months ended March 31, 2011.