A UAE-based bank has been ordered to compensate a customer who lost more than AED 4.5 million in savings following a SIM card swap scam.
His account was emptied by fraudsters who managed to get a replacement phone SIM and changed the PIN connected to his banking services.
The Dubai Commercial Court found the bank responsible for the client's losses as his personal details had been leaked.
The verdict has been appealed by the bank.
H.H. Sheikh Mohammed receives condolences on passing of Sheikh Ahmed
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, continued to receive condolences at Zabeel Majlis on Wednesday following the passing of Sheikh Ahmed bin Rashid Al Maktoum.
Sheikh Abdullah meets President of Ecuador on UNGA81 sidelines
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has affirmed the UAE's keenness to deepen its partnership with Ecuador during a meeting with the country's President Daniel Noboa in New York.
UAE welcomes US statement on Sudan peace efforts
The UAE has welcomed a United States statement supporting efforts to achieve peace in Sudan, including a call for an immediate and unconditional humanitarian truce and a commitment to a comprehensive political dialogue leading to civilian rule.
UAE among global leaders in nuclear security progress
The United Arab Emirates has made significant progress in the 2026 Nuclear Threat Initiative (NTI) Nuclear Security Index, ranking fourth out of 48 countries assessed for protecting nuclear facilities against sabotage.
Sharjah approves over AED17.8 million in debt settlement for citizens
More than AED17.8 million in debt have been settled for UAE nationals living in Sharjah.
Sheikh Abdullah chairs UAE-France-India trilateral meeting at UN
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has chaired a trilateral meeting under the framework of the UAE-France-India cooperation initiative on the sidelines of the 81st UNGA81.
Sheikh Abdullah joins Trump meeting on sidelines of UN General Assembly
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has participated in a meeting convened by US President Donald Trump on the sidelines of the 81st Session of UNGA81 in New York.
UAE President and Rulers offer condolences to H.H. Sheikh Mohammed
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, along with other Rulers, offered their condolences to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the passing of Sheikh Ahmed bin Rashid Al Maktoum.
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