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.
More than 13,000 e-scooters seized in Dubai traffic crackdown
Dubai Police has seized 13,657 electric scooters over the past eight months for traffic violations, as part of ongoing campaigns to improve road safety.
UAE, US Presidents review regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and US President Donald Trump have discussed developments in the Middle East and ongoing efforts to address them.
UAE thwarts cyberattacks from Iran amid regional disruptions
The UAE has foiled cyberattacks from Iran and its affiliates despite claims it lacks internet services, said Dr. Mohammed Hamad Al Kuwaiti, Chairman of the UAE Cybersecurity Council.
Sharjah ruler approves AED 20,000 living allowance for government staff
His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has approved monthly living allowance of AED 20,000 for 17,776 government workers and other groups from September.
Sharjah Police arrests man accused of murdering sisters
A man has been arrested in Sharjah in connection with the murder of two sisters in a residential apartment following a dispute.
Fire contained at warehouse in Abu Dhabi's Al Mafraq industrial area
Authorities in Abu Dhabi have successfully contained a fire that broke out at a warehouse in Al Mafraq industrial area on Thursday morning.
UAE university students to get free access to 'Google AI Plus'
University students can get free access to 'Google AI Plus' for a year, under the "AI for All" initiative launched by the UAE Artificial Intelligence Office and Google in 2024.
UAE Cabinet adopts AI Advisor System to support decision-making
The UAE has approved the launch of a new Cabinet AI Advisor system, designed to support government decision-making and speed up the study and implementation of projects and initiatives.
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Pinoy Expat Corner
Why is it important for them to preserve Ilokano culture and traditions even while living far from the Philippines?
Pinoy Expat Corner
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Pinoy Expat Corner
What is their mission and vision for Filipinas in Sharjah and across the other emirates?
