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.
Dubai unveils region's first integrated recreational vehicle route
Dubai Municipality has announced the launch of the region’s first integrated recreational vehicle route, called the ‘Dubai RV Route’, creating a new model for nature-based tourism in the emirate.
RTA deploys drones to inspect Dubai Metro tunnels
Dubai’s Roads and Transport Authority (RTA) has begun using drone technology to inspect Dubai Metro tunnels, in partnership with metro operator Keolis MHI.
Emergency calls surge amid weather fluctuations in Dubai
Dubai Police say public enquiries surged during recent weather changes, with a total of 39,299 calls handled over Thursday and Friday.
UAE President discusses strategic partnership with Elon Musk
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed the importance of strategic international partnerships with American tech entrepreneur Elon Musk during his visit to the UAE on Sunday.
Abu Dhabi warns community on fire hazards during winter
Abu Dhabi authorities have warned UAE residents to take precautions when using charcoal and heaters during the winter time to avoid risks of suffocation and fire outbreaks.
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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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