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 President meets participants in Abu Dhabi Global Healthcare Week
UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed health ministers and officials to Qasr Al Bahr in Abu Dhabi on Tuesday, for the first Abu Dhabi Global Healthcare Week.
UAE President, Mohammed bin Rashid discuss national issues
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai have discussed a number of important national issues.
First-ever World Species Congress kicks off in Dubai
Conservation experts and nature enthusiasts have come together in a global 24-hour live stream for the first-ever World Species Congress, which kicked off on May 15.
Dubai unveils new quality of life strategy
Dubai has unveiled an ambitious quality of life strategy as part of efforts to become the world's best city to live in.
UAE survey to address health and nutritional challenges
A nationwide survey on health and nutrition is set to be launched in the UAE on May 20.
UAE President awards Indonesian defence minister Order of Zayed
UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed Indonesian Defence Minister and President-elect, Prabowo Subianto, at Qasr Al Shati in Abu Dhabi on Monday.
Abu Dhabi to launch the region's first biobank
The Department of Health – Abu Dhabi (DoH) and M42 have collaborated to launch the Abu Dhabi Biobank, with its first offering being the region’s largest hybrid cord blood bank.
Abu Dhabi markets free of non-Halal Mars products
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has confirmed that non-halal Mars chocolate products are not sold in the emirate.
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