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 expands support for Gaza healthcare system
The UAE has delivered a new humanitarian aid convoy to Gaza carrying 40 tonnes of medical supplies and four ambulances to support the territory’s strained healthcare system.
H.H. Sheikh Khaled approves AED1.54 billion in housing benefits
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has approved a housing benefits package worth AED1.54 billion for 1,074 citizens in the capital, ahead of Eid Al Adha.
Dubai Police crack down on beggars and illegal butchers
Dubai Police are urging the public not to deal with beggars or unlicensed itinerant butchers, especially during holidays and festive periods.
UAE, Saudi Arabia and allies condemn Israeli minister over flotilla detainees
The foreign ministers of the UAE, Saudi Arabia, Qatar, Jordan, Egypt, Turkey, Indonesia and Pakistan have jointly condemned Israeli National Security Minister Itamar Ben-Gvir over the treatment of detainees linked to a Gaza-bound flotilla.
The UAE has delivered a new humanitarian aid convoy to Gaza carrying 40 tonnes of medical supplies and four ambulances to support the territory’s strained healthcare system.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has approved a housing benefits package worth AED1.54 billion for 1,074 citizens in the capital, ahead of Eid Al Adha.
Dubai Police are urging the public not to deal with beggars or unlicensed itinerant butchers, especially during holidays and festive periods.
