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.


Last Supermoon of 2025 to appear on Friday
UAE President praises spirit of patriotism during March of Union
UAE medical teams sustain support for Gaza’s health sector
Sheikh Abdullah discusses strategic ties with Italian counterpart
UAE deploys extra driverless cars, taxis to ease Grand Prix weekend traffic
