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 28
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.