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, VPs send Eid Al-Adha greetings to Arab, Islamic nations
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent Eid Al-Adha greetings to leaders across the Arab and Islamic world.
UAE President performs Eid Al-Adha prayer at Sheikh Zayed Grand Mosque
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan performed the Eid Al-Adha prayer on Wednesday morning at Sheikh Zayed Grand Mosque in Abu Dhabi.
UAE, Australia discuss trade, security and stability during official visit
UAE Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy has concluded an official visit to Australia focused on strengthening economic ties, regional cooperation and security coordination between the two countries.
UN Security Council condemns drone attack on Barakah Nuclear Power Plant
The United Nations Security Council on Tuesday condemned the attack on Barakah Nuclear Plant in the United Arab Emirates, adding that it was a flagrant violation of international law that put civilian lives, infrastructure, and the environment at grave risk.
UAE President awards Irish ambassador First Class Order of Zayed II
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has awarded Elison Milton, Ireland’s Ambassador to the UAE, the First Class Order of Zayed II in recognition of her efforts in strengthening relations between the two countries during her tenure.
UAE and Russia discuss expanding strategic cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Russian First Deputy Prime Minister Denis Manturov during his working visit to the UAE on Tuesday.
Dubai to hold Eid Al-Adha prayers at 937 mosques
Dubai’s Islamic Affairs and Charitable Activities Department has completed preparations for Eid Al-Adha prayers at 937 mosques across the emirate.
Arafat Day is for 'forgiveness, mercy, faith': H.H. Sheikh Mohammed
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has shared a special message on Tuesday describing Arafat Day as the day of "forgiveness, mercy, and completion of faith".
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Pinoy Expat Corner
What’s the difference between fishing here in the UAE compared to the Philippines?
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Pinoy Expat Corner
Who can join scuba diving? And what should you do if you encounter a shark while diving?
