UAE Central Bank Suspends Insurance Firm
Motor insurance business halted for Oriental Insurance in Dubai
The UAE Central Bank has suspended the motor insurance operations of Oriental Insurance in Dubai, citing regulatory non-compliance.
The action is part of broader efforts by the authority to strengthen oversight and ensure adherence to financial service standards across the emirate's growing insurance sector.
The action is part of broader efforts by the authority to strengthen oversight and ensure adherence to financial service standards across the emirate's growing insurance sector.
