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 President calls for stronger global cooperation at G7 Summit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has participated in the 52nd G7 Leaders’ Summit in Évian-les-Bains, France.
UAE foils drug distribution plot, dismantles criminal network
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Sharjah unveils projects worth AED750 million for direct road links to Dubai
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UAE President meets US President on sidelines of G7 Summit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with US President Donald Trump on the sidelines of the G7 Summit in Évian-les-Bains, France.
UAE President, Greek PM discuss strategic cooperation
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Emirati Media Forum to address misinformation, AI and industry transformation
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ജി7 ഉച്ചകോടി; ഷെയ്ഖ് മുഹമ്മദ് -ഡൊണാൾഡ് ട്രംപ് കൂടിക്കാഴ്ച
യുഎഇയും യു എസും തമ്മിലുള്ള തന്ത്രപരമായ സഹകരണം ശക്തിപ്പെടുത്തുന്നതിനെ കുറിച്ച് ഇരുവരും ചർച്ച ചെയ്തു
UAE introduces new Emiratisation rules for healthcare sector
The UAE's Ministry of Human Resources and Emiratisation has announced new Emiratisation requirements for the private healthcare sector, in coordination with the Ministry of Health and Prevention.
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