The branch of a foreign bank operating in the UAE has been fined AED 600,000 for failing to comply with market conduct and consumer protection regulations.
The penalty follows an inspection by the Central Bank, which found violations of UAE banking standards.
The action was taken under Article 137 of the Federal Law No. 14 of 2018, governing financial institutions.
Authorities say the move is part of ongoing efforts to uphold transparency and integrity across the country’s financial sector.
UAE urges Iraq to 'urgently' stop hostile acts from its territory
The UAE has urged the Iraqi government to "urgently and unconditionally prevent all hostile acts emanating from its territory" after drones fired from its country targeted the Barakah Nuclear Power Plant last Sunday.
UAE President pardons 956 prisoners ahead of Eid Al Adha
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has ordered the release of 956 prisoners on the occasion of Eid Al Adha.
UAE condemns Barakah nuclear plant attack in emergency UN meeting
The UAE has labelled the attack on the Barakah Nuclear Power Plant in Abu Dhabi as a "dangerous escalation" in an emergency UN Security Council meeting held on Tuesday.
UAE President hosts special ceremony for title-winning Al Ain FC team
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday met the Al Ain FC team to honour the club’s 15th win in the 2025–2026 ADNOC Pro League.
UAE engages six drones in past 48 hours
The UAE's air defence systems successfully intercepted six hostile drones over the past 48 hours as they attempted to target civilian and vital sites in the country.
7:00pm - 9:00pm
Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.
9:00pm - 11:00pm
Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
