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 to invest 40 billion euros in Germany to deepen economic ties
The UAE has announced plans to invest 40 billion euros in Germany, targeting key sectors including industry, advanced technology, artificial intelligence, digital infrastructure and energy.
UAE, Germany announce new agreements and strategic dialogue
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and German Chancellor Friedrich Merz have witnessed the announcement of a series of agreements, memoranda of understanding and letters of intent aimed at expanding cooperation.
UAE President, German Chancellor reaffirm strategic partnership
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and German Chancellor Friedrich Merz have discussed ways to further strengthen the strategic partnership between the UAE and Germany.
H.H. Sheikh Mohamed highlights UAE-Germany ties at Bundestag
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has visited the German Bundestag, the federal parliament, in Berlin, as part of his state visit to Germany.
