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.
One killed after Iranian missiles target two UAE oil tankers
The UAE's Ministry of Defence has announced that two of its national oil tankers have been targeted by Iranian missiles in the southern passage of the Strait of Hormuz, killing one crew member and injuring eight others.
UAE strongly condemns ongoing attacks on Kuwait’s Consulate in Iraq
The UAE has strongly condemned the ongoing attacks targeting the Consulate General of Kuwait in Iraq's Basra.
Zayed Sustainability Prize attracts strong global participation
The Zayed Sustainability Prize has closed submissions for its 2027 awards cycle, receiving 10,233 entries from 177 countries.
UAE announces four days of mourning following death of former Qatar Emir
The UAE Presidential Court has announced a four-day period of mourning following the death of Sheikh Hamad bin Khalifa Al Thani, the former Emir of Qatar and father of the country's current Emir.
Sharjah ramps up drive to reduce single-use waste
Reducing reliance on single-use products is the focus of a new sustainability drive across Sharjah.
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