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Dubai News Club > Finance > For his misleading practices, a reinsurance broker was fined half a million dirhams
Finance

For his misleading practices, a reinsurance broker was fined half a million dirhams

Press Room
Last updated: 2026/05/12
Press Room
Published: May 12, 2026
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The Dubai Financial Services Authority imposed a fine of $139,722 thousand (about 513,129 thousand dirhams) on Wael Abdul Mohsen Abdul Latif Mohammed Amara (referred to as Mr. Mohsen) for engaging in misleading and deceptive behaviour.

She reported…

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