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 concludes state visit to Germany
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has departed Munich at the end of a multi-day state visit to Germany.
H.H. Sheikh Mohamed, Merkel highlight strong UAE-Germany ties
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Angela Merkel, former Chancellor of Germany, as part of his state visit to the country.
Abu Dhabi Crown Prince arrives in India for BRICS Summit
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in India for the 18th BRICS Summit, taking place in New Delhi from September 12 to 13.
NCM clarifies El Nino reports, reassures public on UAE weather
The UAE's National Centre of Meteorology (NCM) has reassured the public that there is no cause for concern over social media reports warning of severe impacts from the El Nino climate phenomenon, including claims of widespread flooding or unusual rainfall.
H.H. Sheikh Mohamed meets UAE students studying in Germany
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with UAE students studying at universities in Germany, as part of his state visit to the country.
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Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.
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