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 inaugurates Zayed National Museum
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has inaugurated the Zayed National Museum on Tuesday during the 54th Eid Al Etihad celebrations in Abu Dhabi, with the museum officially open to the public on December 3.
UAE dispatches search-and-rescue teams, relief aid to Sri Lanka
In response to the severe flooding that has struck several regions of Sri Lanka, the UAE has launched urgent humanitarian operations, deploying specialised search-and-rescue teams and sending more than 20 tonnes of emergency relief supplies.
UAE leaders attend official 54th Eid Al Etihad celebration
Under the theme 'United,' UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan was joined by Their Highnesses the Supreme Council Members and Rulers of the Emirates at the official ceremony marking the UAE’s 54th Eid Al Etihad, held at the Zayed National Museum in Abu Dhabi.
UAE leaders receive greetings on 54th Eid Al Etihad
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received messages of congratulations on Tuesday, from kings, presidents and emirs across the world, on the occasion of the 54th Eid Al Etihad.
Sharjah Ruler inaugurates Independence Square project
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the Independence Square project on Tuesday, following an upgrade that included the construction of the Independence Monument, along with the development of the square and surrounding buildings.
Mansour bin Zayed to lead UAE delegation at 46th GCC Summit
The UAE will be represented by His Highness Sheikh Mansour bin Zayed at Wednesday's 46th Gulf Cooperation Council Summit in Bahrain.
UAE leaders post special social media messages to wish 54th Eid Al Etihad
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating UAE residents on the 54th Eid Al Etihad, extending his gratitude for their contribution to the country's development.
UAE President urges youth to drive innovation while honouring national values
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has reaffirmed that empowering citizens to shape the UAE’s future remains a top priority.
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