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.
UAE air defences respond to fresh missile threats on Monday
The United Arab Emirates air defences are responding to missile and drone threats, according to statements from the Ministry of Defence (MOD) and the National Emergency Crisis and Disaster Management Authority (NCEMA) on Monday morning.
Abu Dhabi responds to missile debris incident
Authorities in Abu Dhabi have responded to an incident involving falling debris in the Al Shawamekh area, following the successful interception of a ballistic missile by air defence systems.
UAE responds to missile and drone threats
Authorities are urging the public to stay in a safe location as UAE defence systems respond to incoming missile and drone threats from Iran.
Dubai issues safety guidelines for unsettled weather
Authorities in Dubai have issued safety guidelines as unstable weather is forecast across the emirate from Monday, March 23 through Friday, March 27.
UAE and Serbian Presidents discuss bilateral ties, regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with Serbian President Aleksandar Vučić during his working visit to the UAE.
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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.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
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Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
