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 Intercepts several Iranian missiles
The UAE Ministry of Defence said it has successfully intercepted a number of Iranian missiles targeting the country and confirmed missile debris in a residential area has led to the death of a civilian.
UAE Ministry of Interior confirms precautionary measures to ensure public safety
The UAE's Ministry of Interior has confirmed it is closely monitoring regional developments and remains at the highest level of readiness to take all necessary precautionary measures to safeguard the country and its people.
UAE temporarily closes airspace as precautionary measure
The General Civil Aviation Authority (GCAA) announced the temporary partial closure of the UAE’s airspace, as an exceptional precautionary measure aimed at ensuring the safety of flights and aircrews, and safeguarding the UAE’s territory, amid rapidly evolving regional security developments.
UAE President launches National Education Charter
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, along with the rulers of Dubai, Sharjah, Fujairah, Ras Al Khaimah and Umm Al Quwain and Ajman have signed the National Education Charter.
Some flydubai flights impacted by closure of Iran, Israel, Iraq airspaces
Some flydubai flights have been impacted due to the temporary closure of airspaces in Iran, Israel and Iraq, a spokesperson for the airline confirmed on Saturday.
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