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.
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As many as 42 domestic worker recruitment offices in the UAE have been penalised for breaking employment rules during the first half of 2026.
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Sharjah Charity sends food aid to Bangladesh flood victims
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UAE condemns Israeli settler attacks in occupied West Bank
The UAE has strongly condemned attacks by Israeli settlers on villages in the occupied West Bank, calling on the Israeli government to hold those responsible accountable.
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