Thursday, June 28, 2007

 

New risk management company to operate in MENA

Business
(AME Info FZ LLC) - GlobalOptions Group, Inc. (OTCBB: GLOI), a leading provider of domestic and international risk management services, today announced that its James Lee Witt Associates unit has formed a multi-year agreement with Kuwait-based Investors Group Holdings K.S.C.C. (IGH).
It will jointly provide emergency planning, crisis management, business continuity planning, training and exercises, and continuity of government services to governments and corporations throughout the Middle East and North Africa (MENA).
James Lee Witt, CEO, Mark Merritt, Senior Vice President and Partner, and James Jones, Director of Business Continuity Planning for James Lee Witt Associates, met with Mr. Sami Al-Bader, Chairman and Managing Director of International Investment Group (KSE: IIG), a subsidiary of IGH, in Kuwait last week to establish the MENA team. Under the agreement, GlobalOptions Group's James Lee Witt Associates unit will provide subject matter expertise to clients in the region, and IIG will provide the logistical support necessary for them to carry out client activities.
'James Lee Witt is an acknowledged leader and highly respected emergency management expert, and IIG is pleased to be representing their unique products and services in the MENA region,' commented Mr. Al-Bader. 'JLWA's proven experience is unrivaled and IIG believes that this relationship will bring superior disaster management and planning services to the region.'
With IIG's assistance, JLWA will expand their client base in the MENA region with a particular focus on the Gulf Cooperation Council states (GCC) comprised of Kuwait, Saudi Arabia, Qatar, United Arab Emirates, Bahrain, and Oman. Additionally, JLWA and IIG will extend their scope of services to governments and businesses in Turkey, Syria, Egypt, Lebanon, Jordan, Iraq, Yemen, Sudan, Libya, Algeria, Tunisia and Morocco.

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