The Central Bank of the UAE (CBUAE) has taken action against an insurance company that failed to comply with its regulatory obligations.
The authority revoked the licence of Al Khazna Insurance Company after follow-up inspections revealed the firm failed to meet the licencing requirements necessary to conduct business during the suspension period.
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 thanks public for overcoming crisis with 'strength and resilience'
Zayed Sustainability Prize to fund every finalist in 2027
UAE voted to host World Bank-IMF 2029 annual meetings: H.H. Sheikh Mohammed
UAE congratulates NASA for Artemis II success in lunar mission
UAE foreign minister engages in diplomatic calls on regional developments
Dubai Police warn motorists against sudden swerving
UAE condemns terrorist attack on military base in Northeastern Nigeria
Paid parking rolled out in Dubai Healthcare City Phase 2
