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, Chad Presidents hold bilateral talks in Abu Dhabi
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held bilateral talks on Tuesday with the President of Chad Mahamat Idriss Déby Itno during his work visit to the UAE to partake in the UAE–Chad Trade and Investment Forum.
UAE carries out sixth aid shipment to Afghanistan
The UAE relief team has continued its humanitarian operations with its sixth aid shipment to Afghanistan on Tuesday, bringing the total aid provided to around 250.3 tonnes transported through seven planes and 21 trucks.
UAE expresses its solidarity with Philippines following Typhoon Fung-wong
The UAE has expressed its deepest condolences and solidarity with the Philippines following Typhoon Fung-wong that struck the country and killed at least 18.
H.H. Sheikh Hamdan reviews Dubai's future mobility, infrastructure projects
Dubai is taking major steps toward the future of urban mobility, with progress on projects to enhance its road networks, public transport systems and aerial taxi services.
UAE condemns terrorist bombing in Islamabad
The UAE has strongly condemned the terrorist bombing in Pakistan’s capital, Islamabad, which killed 12 and injured 27 on Tuesday.
New committees to develop Dubai's film and gaming sectors
Dubai is stepping up its media innovation drive with the launch of two new committees focused on developing the film and gaming sectors.
Abu Dhabi Airports to lead emirate-wide vertiport network
Abu Dhabi Airports has been given the official mandate to develop a network of vertiports across the emirate — key infrastructure that will support the launch of electric air taxis in the coming years.
UAE condemns Delhi explosion
The UAE has strongly condemned the car blast in the Indian capital New Delhi that killed at least eight people.
Latest With Hit
Akhil Kavalayoor live on Radio Active
Latest With Hit
Watch Dona & Jean as they grove to SakkathaGavle !
Latest With Hit
Ted X speaker, AI trainer Raul John Aju giving us AI lessons.
