This external assessment, part of FAA’s core consulting services, aims to enhance governance and oversight practices across various entities. Faisal Kazim, director of the FAA’s Consulting & Business Excellence Department, stated, “Delivering independent quality assurance assessments is a key part of FAA’s mandate to enhance governance and oversight across subject entities.” The review of CDA’s internal audit activities was assessed against recognized global benchmarks.

Historically, such reviews are mandated at least once every five years. The FAA supports entities in critical areas like governance, risk management, compliance, and internal control. Talal Al Hashmi, CDA’s internal audit and risk management director, emphasized the value of this external assessment for continuous development.

Meanwhile, the backdrop of these developments is quite alarming. The UAE’s oil export facilities have been targeted amid escalating tensions with Iran. Reports indicate that US airforce jets have been scrambled over UAE and other Gulf states to conduct combat air patrols. As a result, Brent oil prices have surged due to market worries about the escalating conflict.

According to sources in Dubai, expectations are high for imminent US/Israeli strikes on Iran within the next 24 hours. This situation adds urgency to discussions around governance and risk management—especially in a region so critical to global oil supplies.

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