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 leaders review development initiatives
The UAE's leaders met at Qasr Al Shati in Abu Dhabi on Thursday to discuss key national issues and matters of concern to citizens.
Saqr Humanitarian Ship sets sail with 4,000 tonnes of aid for Gaza
The Saqr Humanitarian Ship has set sail from Ras Al Khaimah, carrying more than 4,000 tonnes of aid to Al Arish Port in Egypt, ahead of its delivery to the Gaza Strip.
UAE expresses solidarity with New Zealand over floods, landslides
The UAE has expressed its solidarity with New Zealand following heavy rainfall that caused floods and landslides, killing at least two people with several missing.
UAE and WEF launch new phase of partnership
The UAE Government and the World Economic Forum (WEF) have launched a new phase of their comprehensive strategic partnership, aimed at strengthening cooperation and expanding public‑private collaboration.
H.H. Sheikh Mohammed unveils District IO project for 'emerging economic sectors'
H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the launch of the District IO project in Dubai Silicon Oasis that aims to build a hub for emerging sectors like AI and smart mobility.
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Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.
11:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
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?
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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!
