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.
Etihad Rail marks milestone by transporting first freight of Nissan cars
Etihad Rail has marked a milestone by transporting the first consignment of Nissan cars from ports on the Eastern Coast in Fujairah to the dry port at the Industrial City of Abu Dhabi (ICAD), marking a new chapter in how goods travel across the country.
UAE mediation results in release of 386 prisoners from Russia and Ukraine
The United Arab Emirates announced on Friday the success of mediation efforts it undertook between Russia and Ukraine, exchanging 193 prisoners from either side, 386 in total.
UAE sends more food supplies to Gaza as part of Humaid Air Bridge
The United Arab Emirates have sent a relief plane carrying more than 100 tons of aid and basic food supplies to the Gaza strip.
H.H. Sheikh Mohammed unveils date factory to 'fight world hunger'
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Friday unveiled a date factory to ensure malnourished children don't go hungry in "lesser fortunate communities".
Dubai Police cracks down on reckless bikers
Dubai Police have taken firm action against several bikers after they were caught performing dangerous stunts and violating traffic laws across the Emirate.
10:00pm - Midnight
The Virgin Radio Weekend with Scott Forshaw
Midnight - 1:00am
Tiesto's Club Life is the perfect show to keep your Saturday night buzzing all the way into Sunday.
