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.
Dubai rolls out new taxi fares for app bookings
Dubai’s Roads and Transport Authority (RTA) has rolled out a new fare structure for taxis booked via smart apps, but the changes will not affect passengers hailing taxis directly on the street.
UAE moving fast towards 2031 national goals
The UAE has already achieved 67 per cent of its national goals under the "We the UAE 2031" vision — with six years still to go.
Ministerial Development Council reviews progress on national priorities
Major projects in infrastructure, energy and Emirati workforce empowerment topped the agenda at the latest Ministerial Development Council meeting.
Dubai travellers welcomed with special 30×30 fitness challenge stamp
Travellers landing at Dubai International Airport are receiving a special passport stamp featuring the Dubai Fitness Challenge 30x30 logo.
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