UAE (Press Releas): Thumbay Labs, UAE’s leading healthcare diagnostics provider, has partnered with myAlfred, the UAE’s leading money saving app to provide the customers of InsuranceMarket.ae, the largest insurance platform of the UAE, to expand the reach of their diagnostic services. This collaboration further aims to ensure that individuals in Dubai and the UAE have enhanced access to the most comprehensive health insurance options available in the market.

Under the MoU, Thumbay Labs and myAlfred will work together to expand the availability and reach of diagnostic services to a policyholders of InsuranceMarket.ae The tie-up will facilitate seamless access to high-quality diagnostic testing, ensuring individuals can conveniently and efficiently address their healthcare needs. Furthermore, this collaboration will enable InsuranceMarket.ae to offer enhanced healthcare solutions to its customers through myAlfred. Thumbay Labs will provide valuable insights and expertise in healthcare diagnostics, empowering InsuranceMarket.ae to assist individuals in making informed decisions about their health insurance coverage.

"We are excited about our partnership with myAlfred & InsuranceMarket.ae" said Mr. Akbar Moideen Thumbay, Vice President of the Healthcare Division at Thumbay Group. "This collaboration aligns with our commitment to provide comprehensive healthcare solutions to the community, including diagnostic services. By partnering with InsuranceMarket.ae, we can assist individuals in making informed decisions about their diagnostic needs and ensure they have access to the best coverage options available. Together, we aim to enhance the availability and affordability of diagnostic services, empowering individuals in Dubai and the UAE to prioritize their health and well-being."

Through this partnership, Thumbay Labs and InsuranceMarket.ae aim to streamline the process of obtaining health insurance while prioritizing the importance of diagnostic services. By leveraging their respective strengths and resources, the two organizations strive to create a more integrated and accessible healthcare ecosystem in Dubai and the UAE, ultimately benefiting the community at large.

Meanwhile, Mr. Avinash Babur, Founder CEO, InsuranceMarket.ae, stated:"We're thrilled to announce this exciting partnership with Thumbay Labs and myAlfred- two leading players in their respective sectors. This collaboration epitomizes our commitment to provide exceptional service and value to InsuranceMarket.ae policyholders, who will now enjoy exclusive offers on home collection for health check-up packages, blood tests, and more. At InsuranceMarket.ae, we continue to champion customer experience and value proposition, and this partnership allows us to take a significant step forward in that journey."

The collaboration between Thumbay Labs and InsuranceMarket.ae represents a significant step forward in enhancing access to quality healthcare services in Dubai and the UAE. It underscores both organizations'; commitment to ensuring the well-being of individuals and providing them with the financial protection they need to face any medical challenges.

For more information about Thumbay Lab, InsuranceMarket.ae and myAlfred, please visit their respective websites at www.thumbaylabs.com, www.insurancemarket.ae and www.myalfred.com

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New Delhi (PTI): The Supreme Court Thursday held that the Enforcement Directorate (ED) cannot arrest an accused under Section 19 of the Prevention of Money Laundering Act (PMLA) after a special court has taken cognisance of the complaint of money laundering.

A bench of Justices Abhay S Oka and Ujjal Bhuyan said when an accused appears before a court in pursuance of a summons, the agency will have to apply to the court concerned to get his custody.

"If the accused appears before the special court by summons (issued by court), it cannot be treated that he is in custody," it said.

"Accused who appeared before the court pursuant to the summons not required to apply for bail, and thus twin conditions of Section 45 of PMLA not applicable," the bench said in its judgment.

The twin conditions state that when an accused in a money laundering case applies for bail, the court has to first allow the public prosecutor to be heard and only when it is satisfied that the accused is not guilty and unlikely to commit a similar offence when released, can bail be granted.

The apex court judgment was pronounced on a question of whether an accused in a money laundering case has to meet the stringent twin test for bail even in cases where the special court takes cognisance of the offence.