The Central Bank of the UAE (CBUAE) has cancelled the licence of insurance firm IRIS Health Services for not complying with the country's laws.
It's in "accordance with the applicable instructions and procedures for licencing health insurance third-party administrators," the authority added.
The CBUAE works to ensure that all insurance companies comply with UAE laws in a bid to safeguard the transparency and integrity of the insurance industry and the UAE financial system.
UAE air defences intercept 15 missiles, 11 drones on Thursday
The UAE air defences have intercepted 15 ballistic missiles and 11 drones on Thursday, according to a statement from the Ministry of Defence.
Gargash welcomes UN council's condemnation of Iran's 'brazen aggression'
Dr Anwar Gargash, diplomatic advisor to the UAE President, on Thursday has welcomed the UN Human Rights Council’s unanimous adoption of a resolution condemning Iran's "aggression against the Arab Gulf states and Jordan".
UAE minister says 'no country should hold straits as hostage'
Reem Al Hashimy, UAE's Minister of State for International Cooperation, has asserted that "no country should be allowed to hold straits as hostage", while advocating for international governance on global passageways.
Indian, Pakistani killed in falling debris incident in Abu Dhabi
Two people have died and three more injured after debris from a missile interception fell on Abu Dhabi's Sweihan street on Thursday.
