Bahrain-based MTI Consulting has formed a strategic alliance with UK's Intangible Business Limited.

The signing of the agreement ,which took place in London, will set in motion the rolling out of Intangible Business's solutions and valuation models in both the Asian and Middle Eastern markets under the MTI Consulting banner. MTI Consulting, an international business strategy consulting firm with an office in Bahrain, sensed the increasing importance for companies to value their intangible assets.

Taking into account the growing trends of increasing mergers and acquisitions, joint ventures, compliance, control and transparency, greater attention should be placed on valuing intangible assets, which contribute significantly towards a company's net worth. This strategic alliance between two consulting companies offers corporate clients globally acclaimed intangible asset valuation services.

Although intangible asset valuation is still in its infancy in Asia, the potential to nurture this segment is immense. The MTI team that was present at the signing ceremony was also part of a training programme on the valuation models and solutions thus gearing MTI for the effective roll-out of intangible asset valuation across Asia and Middle East.