DUBAI, United Arab Emirates, April 17 (UPI) -- A non-profit association helping multinational companies prevent bribery and enhance transparency has opened an office in the United Arab Emirates.
Trace International, which has headquarters in the United States, said its UAE office is in Dubai's "Silicon Oasis" and significantly expands its presence in the region, Africa and Asia.
"The Dubai office is a notable step for Trace and for our compliance community," said Alexandra Wrage, president and founder of Trace. "As the penalties and international awareness of compliance issues have increased, we've seen a heightened demand for our services."
The Dubai office will specialize in comprehensive compliance, including risk analysis, consulting, due diligence and training, the company said.
"This office will work seamlessly with our United States headquarters to provide the innovative, tailored due diligence and compliance solutions our members and clients have come to expect from Trace," said Randa Almomani, who leads the Dubai operation.
Trace International is a membership association that pools resources to provide practical and cost-effective anti-bribery compliance solutions for multinational companies and their commercial intermediaries.