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 leaders hail 'deep-rooted ties' on Kuwait's National Day
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah on the country's National Day on Wednesday, highlighting the longstanding ties between the two nations.
Late reciter Sheikh Mahmoud Khalil Al-Husary named Global Quranic Personality
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UAE shuts down 12 domestic worker recruitment firms
The Ministry of Human Resources and Emiratisation (MoHRE) has ordered the closure of 12 domestic worker recruitment agencies for operating without "necessary licences".
Etihad Rail unveils exclusive seating for families ahead of launch
Etihad Rail has unveiled details of its passenger services ahead of the launch later in 2026, with exclusive seating options for families and strong Wi-Fi connectivity for business travellers and daily commuters.
