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 President congratulates Australian Prime Minister on re-election
President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory message to Australian Prime Minister Anthony Albanese on his re-election on Saturday.
Dubai Police approves division of emirate into "rural" and "urban" zones
Dubai Police has approved the division of the emirate into designated “urban” and “rural” zones, aiming to "boost security coverage."
UAE President congratulates Poland on Constitution Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory cable to Andrzej Duda, President of the Republic of Poland, on the occasion of his country's Constitution Day.
Fee hike approved for Dubai’s private schools
The Knowledge and Human Development Authority (KHDA) has approved a 2.35 per cent Education Cost Index (ECI) for Dubai's for-profit private schools for the 2025–26 academic year, allowing eligible schools to increase tuition fees within that limit.
Dubai court sentences Indian tycoon in major money laundering case
A Dubai court has sentenced Indian businessman B.S.S., widely known as 'Abu Sabah', to five years in prison for his role in a large-scale money laundering operation.
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It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
