The branch of a foreign bank operating in the UAE has been fined AED 600,000 for failing to comply with market conduct and consumer protection regulations.
The penalty follows an inspection by the Central Bank, which found violations of UAE banking standards.
The action was taken under Article 137 of the Federal Law No. 14 of 2018, governing financial institutions.
Authorities say the move is part of ongoing efforts to uphold transparency and integrity across the country’s financial sector.
UAE's foreign trade approaches record AED 3 trillion mark in nine months
The UAE's foreign trade has approached a record AED 3 trillion during the first nine months of 2026, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced on Sunday.
RTA opens 1,650-metre Al Khaleej Street Tunnel
Dubai’s Roads and Transport Authority (RTA) has opened the Al Khaleej Street Tunnel on Sunday under the Al Shindagha Corridor Improvement Project.
UAE President sends Diwali greetings in special message
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has congratulated all communities celebrating Diwali, the Indian festival of lights, in the UAE and worldwide.
UAE National Guard rescues 22 from cargo ship fire in Sea of Oman
The UAE National Guard announced on Sunday it rescued 22 crew members from a fire that broke out aboard a cargo ship in the Sea of Oman.
Sheikh Abdullah congratulates Venezuelan FM on appointment
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has congratulated Oliver Blanco on his appointment as Minister of People's Power for Foreign Affairs and International Trade of Venezuela.
6:00am - 10:00am
Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.
Dtmf
Bad Bunny
Tarantino <New>
Lisa
Raindance
Dave & Tems