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.
ADNOC L&S vessel sustains damage following attack
ADNOC Logistics and Services has confirmed that one of its vessels was damaged in an attack in UAE territorial waters in the Arabian Gulf.
Russia-Ukraine-US trilateral talks to resume on Wednesday in Abu Dhabi
Trilateral talks between the US, Ukraine, and Russia aimed at reaching a diplomatic settlement are set to continue on Wednesday morning in Abu Dhabi, according to UAE state news agency WAM.
H.H. Sheikh Khaled, H.H. Sheikh Hamdan discuss key national priorities
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Defence Minister, on the sidelines of the 8th UAE Government Annual Meetings.
UAE conditionally approves new use of Ultomiris for kidney disease patients
The UAE has conditionally approved a new use of AstraZeneca’s Ultomiris to treat adults with primary immunoglobulin A nephropathy (IgAN), who are at risk of the disease progressing.
H.H. Sheikh Hamdan approves Dubai Metro extension to Al Maktoum Airport
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has announced the approval of AED 2 billion Dubai Metro extension project to Al Maktoum International Airport, with operations set to begin in 2031.
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