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.
H.H. Sheikh Hamdan approves second AED 1.5bn economic incentives package
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and the UAE's Deputy Prime Minister and Defence Minister, has approved an additional AED 1.5 billion support package for Dubai’s business sector.
H.H. Sheikh Khaled reflects on ADIA's success in 50th anniversary
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has highlighted that the 50th anniversary of Abu Dhabi Investment Authority (ADIA) represents a strategic milestone in the Emirate’s transformational economic journey.
UAE minister affirms prospering economic model amidst regional developments
UAE's Minister of Economy and Tourism Abdulla bin Touq Al Marri has affirmed that the country continues to operate an economic model that is adaptable to global changes.
UAE plans nationwide Eid celebrations for workers
The Ministry of Human Resources and Emiratisation (MoHRE) will organise Eid Al Adha celebrations for workers at 30 locations across the UAE.
10:00am - 1:00pm
1:00pm - 4:00pm
