The Central Bank of the UAE (CBUAE) has struck First Insurance Brokers Company off the Register for failure to comply with its regulatory obligations.
Investigations revealed that the insurance company had a weak compliance framework.
The CBUAE works to ensure that all insurance companies and professionals abide by the laws, regulations and standards in order to safeguard the transparency and integrity of the insurance industry and the UAE’s financial system.
UAE, Cyprus Presidents discuss enhancing strategic partnership
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed enhancing cooperation with Niko Christodoulides, President of Cyprus, as part of the Comprehensive Strategic Partnership between the two nations.
Emirates, Dubai Humanitarian launch airbridge for Sri Lanka cyclone victims
Emirates Airline has set up an airbridge with Dubai Humanitarian to transport urgent relief aid to support those affected by the devastating Cyclone Ditwah in Sri Lanka.
RTA chalks out route map for Dubai Metro Blue Line
Road and Transport Authority (RTA) has outlined the route map for Dubai Metro's Blue Line that will connect 14 stations, of which five will be elevated, four underground, two "future elevated" and one underground interchange.
UAE opens Emirates Medical Centre to serve patients in Gaza
The UAE has inaugurated the Emirates Medical Centre in Khan Younis, south of the Gaza Strip, that aims to support the health sector across the territory by delivering urgent medical care.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed enhancing cooperation with Niko Christodoulides, President of Cyprus, as part of the Comprehensive Strategic Partnership between the two nations.
Emirates Airline has set up an airbridge with Dubai Humanitarian to transport urgent relief aid to support those affected by the devastating Cyclone Ditwah in Sri Lanka.
Road and Transport Authority (RTA) has outlined the route map for Dubai Metro's Blue Line that will connect 14 stations, of which five will be elevated, four underground, two "future elevated" and one underground interchange.
