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.
Dubai driver caught speeding above 230k/hr without number plate
A reckless driver has been caught speeding above 230 km/hr on Dubai highways and trying to evade the authorities by removing the car's number plate.
Dubai Media Office denies Reuters report on explosions
The Government of Dubai Media Office (GDMO) has confirmed that a Reuters report about explosions in Downtown Dubai is false.
UAE expresses solidarity with Algeria over victims of orphanage fire
The UAE has expressed its solidarity with Algeria following the fire at an orphanage that killed 11 people and injured 19 in east of its capital Algiers.
UAE President, Sultan of Oman review regional developments
The UAE and Oman have reaffirmed their commitment to strengthening bilateral ties following a phone call between President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Sultan Haitham bin Tariq.
Ancient tomb uncovered in Al Ain Region
A cemetery dating back to the large Wadi Suq era and the Late Bronze Age (c. 2000-1300 BCE) has been uncovered in Al Ain Region, revealing new insights into the UAE’s history.
UAE streamlines higher education licensing under new national framework
The UAE is introducing a new national licensing system for higher education institutions to streamline regulation, strengthen governance and raise education standards.
Union House listed as first site on National Register of Modern Architectural Heritage
The Union House has been listed as the first site on the National Register of Modern Architectural Heritage, the Ministry of Culture announced on Thursday.
H.H. Sheikh Mohammed offers condolences in call to Qatar's Emir
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, has offered his condolences on the passing of Qatar's former Emir Sheikh Hamad bin Khalifa Al Thani.
UAE President pays condolence visit to Qatar's Emir
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has visited Qatar to offer his condolences following the passing of Sheikh Hamad bin Khalifa Al Thani.
GDRFA Dubai processes over 7 million entry and residency permits in H1 2026
Dubai’s General Directorate of Identity and Foreigners Affairs has reported strong growth in entry and residency services during the first half of 2026.
Strait of Hormuz can't be used as tool for extortion, reiterates UAE's Lana Nusseibeh
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Dubai road safety drive targets truck drivers
Dubai is stepping up efforts to improve truck safety on its roads with a summer awareness campaign targeting drivers and transport companies.
UAE condemns Houthi militia's attacks on Saudi Arabia
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Stranded hiker airlifted to safety from Ras Al Khaimah mountains
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Thank You UAE campaign expands workplace participation
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Dubai boosts public bus network with new routes, upgrades
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UAE delegation visits Doha to offer condolences to Qatar’s Emir
A UAE delegation has visited Qatar to offer condolences following the passing of Sheikh Hamad bin Khalifa Al Thani.
Fire brought under control at Ajman residential tower
Ajman Civil Defence teams have contained an accidental fire that broke out in a residential tower on the Corniche, responding swiftly after receiving an emergency report.
Dubai Humanitarian sends fourth aid airlift to support Ebola response
Dubai Humanitarian has sent a fourth relief shipment to Uganda to support efforts to contain the Ebola outbreak.
UAE condemns Iranian missile attacks on oil tankers that killed one
The UAE has strongly condemned Iranian missile strikes on two of its oil tankers in the southern passage of Strait of Hormuz that killed one crew member and critically injured eight others.
A reckless driver has been caught speeding above 230 km/hr on Dubai highways and trying to evade the authorities by removing the car's number plate.
The Government of Dubai Media Office (GDMO) has confirmed that a Reuters report about explosions in Downtown Dubai is false.
The UAE has expressed its solidarity with Algeria following the fire at an orphanage that killed 11 people and injured 19 in east of its capital Algiers.
