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, Egypt complete 41st humanitarian airdrop to Gaza
The UAE and Egypt have successfully executed their 41st joint humanitarian airdrop in northern Gaza.
UAE prepares for unstable weather conditions
Authorities in the UAE are closely monitoring the weather conditions over the coming days and assessing the readiness levels of all relevant entities.
Dubai unveils Blueprint for Artificial Intelligence
Dubai has unveiled a roadmap for the adoption of Artificial Intelligence (AI) in all sectors.
More rain forecast in UAE this week
More wet weather has been forecast for parts of the UAE this week, with the peak of the stormy conditions expected from Wednesday night through Thursday.
UAE participates in Arab Ministerial meeting in Riyadh
The UAE's Minister of Foreign Affairs, Sheikh Abdullah bin Zayed Al Nahyan, participated in the six-party Arab Ministerial meeting alongside US Secretary of State Antony Blinken, in Riyadh.
10:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
1:00pm - 2:00pm
John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
Airalo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.
