As many as 1,404 consumer complaints related to e-commerce transactions were registered during the month of May, marking a 228 per cent increase during the same period last year.
That's according to the Commercial Compliance & Consumer Protection (CCCP) sector at the Dubai Economy, which said 64 per cent of complaints were recorded on the ‘Dubai Consumer’ app.
Thirty per cent were through the website, while the remaining 6 per cent came through the call centre (600545555).
Emiratis accounted for 34 per cent of the complaints, followed by Saudis (28 per cent), Egyptians (10 per cent), Jordanians (5 per cent), and Indians (4 per cent).
Ahmad Al Zaabi, Director of Consumer Protection in the CCCP sector, highlighted that cashback complaints amounted to 27 per cent of the total e-commerce complaints, followed by non-compliance with terms of the agreement (26 per cent), and non-compliance with after-sales service (13 per cent). Late deliveries also featured in the complaints, with Al Zaabi urging website owners to stick to a realistic timeline.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
The UAE has launched an urgent humanitarian mission to assist communities affected by Hurricane Melissa, which devastated parts of Jamaica, Haiti and Cuba.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, looked at ways to advance cooperation with South Korea in key sectors during talks with President Lee Jae-myung in Gyeongju.