South Al Sharqiyah Summer Tourism Grows Stronger with Natural Beauty

South Al Sharqiyah summer tourism keeps growing due to its stunning nature and strategic coastal location. This Omani governorate offers tourists a unique blend...
HomeInvestmentOQ Internal Audit Forum Strengthens Governance

OQ Internal Audit Forum Strengthens Governance

OQ, a global energy investment group, organized the OQ Internal Audit Forum in Muscat. This major event happened with support from the Institute of Internal Auditors Oman and KPMG.

The two-day forum attracted more than 300 audit professionals. Attendees came from both public and private sectors. It was held under the patronage of Sheikh Ghosn Hilal Al Alawi, Chairman of the State Audit Institution.

In addition, the OQ Internal Audit Forum set a strong tone. Abdulrahman Ahmad Al Harthy, OQ’s Chief Internal Audit Officer, stressed the importance of audit in building strong institutions. He explained that internal audit empowers decision-making and supports accountability.

Moreover, the forum took place during International Internal Audit Awareness Month. This added greater meaning to the sessions. Experts from around the world gathered to discuss the changing role of internal audit.

They explored key topics, including digital transformation, cybersecurity, ESG concerns, and geopolitical risks. These discussions aimed to give auditors the tools to build stronger and more agile organizations.

Importantly, Al Harthy noted that OQ invests in national talent. The company shares expertise and promotes best practices in compliance and risk management.

He also emphasized that the OQ Internal Audit Forum helps elevate standards and aligns with Oman’s vision for responsible and transparent institutions.

Sessions during the event highlighted trends shaping the future of audit. These included regulatory changes, new technologies, and sustainability goals. Attendees explored how internal audit can create real value and improve performance across sectors.

Additionally, the forum featured representatives from top organizations. These included the Oman Investment Authority and the global Institute of Internal Auditors. Their participation boosted the credibility and knowledge-sharing impact of the event.

This forum is part of OQ’s wider effort to improve its internal systems. The company aims to build resilience, ensure transparency, and boost long-term performance.

Further, the OQ Internal Audit Forum plays a vital role in Oman’s goal to modernize its economy. It supports stronger private sector governance and promotes innovation in control practices.

By investing in such forums, OQ contributes to national development and global best practices. Its focus remains on making audit functions more strategic, integrated, and future-ready.