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 defence forces respond to missile, drone threats
The UAE’s air defence systems are currently responding to missile and drone threats from Iran, and authorities have urged the public to remain in safe locations.
US Vice President welcomes Sultan Al Jaber to White House
US Vice President JD Vance has welcomed Dr. Sultan Al Jaber, the UAE’s Minister of Industry & Advanced Technology and ADNOC's Managing Director & Group CEO, to the White House in Washington DC.
Driver escapes unharmed after car swept away in Fujairah flash floods
A driver has managed to escape "without any injuries" before his car was swept away by flash floods in the wadis of Fujairah's Al-Halah area of Daba.
Dubai Police see 1,220 volunteers help with Ramadan initiatives
Dubai Police’s Ramadan initiatives recorded strong community participation, with 1,220 volunteers from various nationalities and age groups contributing their time and effort throughout the holy month.
UAE urges residents to perform Friday prayers at home amid unstable weather
The General Authority of Islamic Affairs, Endowments and Zakat has urged residents in areas affected by adverse weather conditions to prioritise public safety and perform Friday prayers at home.
Iran's 'treacherous' attacks targeted vital civilian facilities, UAE tells UN
The UAE told the UN Human Rights Council on Wednesday that Iran's "treacherous" and "terrorist" attacks targeting vital civilian areas constitutes a "blatant violation of the state's sovereignty and international humanitarian law".
UAE condemns Iranian attacks targeting Iraqi Kurdistan
The United Arab Emirates expressed its strong condemnation and denunciation of the Iranian missile attacks that targeted two military headquarters in the Kurdistan Region of Iraq.
UAE responds to incoming missile, drone threats on Wednesday
The UAE's air defence systems are responding to missile and drone threats from Iran, with authorities advising the public to stay in a safe location.
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What does someone working on a yacht usually do? Are they often out at sea, and how long do they usually stay there?
