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.
UAE President, Zelenskyy discuss Ukraine crisis and bilateral ties
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks with Ukrainian President Volodymyr Zelenskyy on Sunday, focusing on bilateral cooperation and the latest developments in the Ukraine conflict.
UAE condemns Iranian attack on Kuwait
The United Arab Emirates has condemned the Iranian hostile attack targeting Kuwait with drones.
UAE offers condolences after deadly South Africa bus crash
The United Arab Emirates has expressed its condolences to South Africa following a deadly bus crash in the Free State province that killed at least 12 people, including five children, and left dozens more injured.
UAE launches annual award to honour changemakers
The UAE Year Of Award has been launched to honour individuals and institutions who create meaningful impact and strengthen a culture of community action to make each annual "UAE Year Of" theme into a lasting national legacy.
UAE becomes second country to approve Lipfendra to treat high cholesterol
The UAE has become the second country to approve once-daily, oral pill - Lipfendra - to treat adults with elevated low-density lipoprotein (LDL-C) cholesterol, a leading risk factor for cardiovascular disease.
Sharjah Police recovers AED 500,000 in stolen goods in under 3 hours
Sharjah Police have recovered stolen goods worth around AED 500,000 in less than 3 hours after being alerted that a house of an athlete was burgled.
UAE welcomes Gaza agreement for Hamas disarmament
The UAE has welcomed an agreement announced by US President Donald Trump for Hamas to disarm and Israeli troops to withdraw in Gaza, calling it a significant milestone towards ending the conflict.
Sheikh Abdullah meets UK Foreign Secretary in London
Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, has discussed ways to strengthen bilateral ties and boost cooperation across key sectors during talks with UK Foreign Secretary in London.
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What inspired them to choose running as their form of exercise despite their busy work schedules as OFWs?
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