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 Mohammed discusses ties with Ecuador President
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, met on Sunday at Zabeel Palace in Dubai with Ecuador President Daniel Noboa, who is on an official visit to the UAE.
UAE President meets Seychelles President ahead of F1 GP
President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Sunday, met with His Excellency Dr. Patrick Herminie, President of Seychelles, who is visiting the UAE to attend the Etihad Airways Abu Dhabi Grand Prix.
RTA installs 595 bus shelters in key areas across Dubai
Dubai’s Roads and Transport Authority (RTA) has completed 595 public bus passenger shelters as part of a wider project to deliver 762 shelters across several key areas in Dubai.
H.H. Sheikh Mohammed meets with African business, philanthropic leaders
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Saturday met with a delegation of African business and philanthropic leaders visiting the UAE.
Zayed bin Hamdan meets Azerbaijan’s Minister of Economy
His Highness Sheikh Zayed bin Hamdan bin Zayed Al Nahyan has met with Mikayil Jabbarov, Minister of Economy of Azerbaijan, on the sidelines of the UAE delegation’s visit to Azerbaijan.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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