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 intercepts 8 ballistic missiles, 26 drones on Tuesday
The UAE air defence systems intercepted 8 ballistic missiles and 26 drones on Tuesday, according to figures released by the Ministry of Defence.
NATO ambassadors to hold meeting with Gulf partners next week
Ambassadors from NATO's 32 member countries plan to meet with Gulf representatives next week to discuss the Iran war and regional tensions, three European diplomats told Reuters.
UAE Ministry of Defence holds military funeral for nation's martyrs
The military funeral ceremony for the UAE's martyrs - Captain Saeed Al Balooshi and First Lieutenant Ali Al Taniji - took place on Tuesday.
Germany affirm solidarity with UAE after Iran attacks
His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, spoke on Tuesday with Germany President Frank-Walter Steinmeier about regional developments in light of the escalating military actions and their serious repercussions on regional and international security and stability.
The UAE air defence systems intercepted 8 ballistic missiles and 26 drones on Tuesday, according to figures released by the Ministry of Defence.
Ambassadors from NATO's 32 member countries plan to meet with Gulf representatives next week to discuss the Iran war and regional tensions, three European diplomats told Reuters.
The military funeral ceremony for the UAE's martyrs - Captain Saeed Al Balooshi and First Lieutenant Ali Al Taniji - took place on Tuesday.
