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.
Sharjah Police foil two cocaine smuggling operations, seize 17kg
Sharjah Police have disrupted two cocaine smuggling operations, one domestic and one international, seizing a combined 17 kilograms of the drug and arresting several suspects linked to a multi-country trafficking network.
DP World installs first 1,000 living seawalls panels at Jebel Ali Port
DP World has completed the first phase of its Living Seawalls installation at Jebel Ali Port, deploying 1,000 eco-engineered panels that transform flat seawall surfaces into habitats where marine life can thrive and enhance biodiversity, setting a new benchmark for sustainable port infrastructure in the region.
UAE 'an exceptional model' in developing AI policies, says Omar Al Olama
The UAE’s proactive approach to regulating and deploying artificial intelligence was in focus at BRIDGE Summit 2025 on Wednesday, where the Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, warned that industries and nations hesitant to adopt AI risk being left behind.
Sheikh Mohammed honours Egyptian professor with 'Great Arab Minds' award
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has congratulated Egyptian professor Abbas El Gamal for winning the Great Arab Minds award.
UAE announces $550 million for UN’s 2026 Global Humanitarian Overview
Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has announced a pledge of $550 million to support the UN’s Global Humanitarian Overview (GHO).
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