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CBUAE
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The CBUAE has revoked the registrations of Seagull Insurance Services Co. and Al Shorafa Insurance Services.
In a move to uphold the integrity and transparency of the insurance industry and the UAE's financial system, the Central Bank of the UAE (CBUAE) has announced the cancellation of registrations for Seagull Insurance Services Co. and Al Shorafa Insurance Services from the insurance broker register
According to the CBUAE, the total assets of banks in the country increased by 2.2% by the end of February 2023.
The Central Bank of the United Arab Emirates (CBUAE) has reported that the gross assets of banks, which include bankers' acceptances
By the end of January 2023, the assets of conventional banks in the UAE amounted to AED3.047 trillion.
A recent report has revealed that the total assets of conventional banks in the UAE have increased to AED3.047 trillion by the end of January 2023, reflecting the strength and resilience of the country's financial sector.