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 steps up Ramadan road safety efforts
Taxi drivers, delivery riders and workers are the focus of a new Ramadan road safety drive in Dubai, aimed at reducing accidents during the holy month.
H.H. Sheikh Khaled holds talks with Macron at India's AI Summit
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has explored ways to strengthen bilateral ties with France during talks with President Emmanuel Macron on the sidelines of the AI Impact Summit in New Delhi.
UAE sends emergency aid to flood-hit communities in Mozambique
The UAE has sent urgent humanitarian aid, including shelter supplies, essential food items, medical supplies and cholera vaccines, to help thousands of people displaced by the severe flooding in Mozambique recently.
UAE launches Gaza air bridge during Ramadan
The UAE has launched an aid air bridge to transport critical relief supplies to the Gaza Strip during the holy month of Ramadan.
UAE sets up first scientific laboratories at Bulgarian Antarctic Base
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Dubai Cares launches campaign to support school meals programme in Africa
Dubai Cares has launched a Ramadan campaign to provide nutritious meals to students across Sub-Saharan Africa, with the goal of ensuring no child has to learn on an empty stomach.
UAE President, US Senator discuss strategic ties
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received US Senator Lindsey Graham at Qasr Al Shati in Abu Dhabi on Wednesday.
Abu Dhabi launches Ramadan initiative to provide sustainable orphan care
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Road closures announced for Stage 4 of UAE Tour 2026
The UAE Tour 2026 has announced several road closures for the fourth stage of the race, where cyclists will cover a total of 182 km as they pass through the greatest number of different Emirates in the challenge, starting from 12:50 pm.
UAE, New Zealand finance ministers discuss strengthening ties
Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, has discussed strengthening cooperation with his New Zealand counterpart Winston Peters during a phone call on Wednesday.
UAE announces partial road closure on Emirates Road
The UAE's Ministry of Energy & Infrastructure has announced that the lane heading towards Sharjah from Dubai on Emirates Road at Bridge No. 7 will be closed starting from Thursday, February 19.
Dubai boosts status as global healthcare hub with strong 2025 growth
Dubai’s healthcare sector recorded strong growth in 2025, reinforcing the emirate’s goal of becoming a global hub for advanced medical services.
H.H. Sheikh Mohammed pardons 1,856 prisoners
As many as 1,856 prisoners of various nationalities will be released from Dubai's correctional facilities on the occasion of the holy month of Ramadan.
UAE President pardons 1,440 prisoners
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has ordered the release of 1,440 inmates from correctional institutions across the country at the beginning of the holy month of Ramadan.
Dubai exempts 316 citizens from housing loan repayments
Dubai has announced the exemption of 316 Emirati citizens from housing loan repayments.
Here's how you can contribute to UAE's 'Edge of Life' campaign
The UAE's 'Edge of Life' campaign has announced seven channels through which individuals and institutions can make their contributions.
Dubai Holding unveils 3rd edition of 'Gift it Forward' Ramadan initiative
Keeping with the spirit of the holy month of Ramadan, Dubai Holding has launched the third edition of the 'Gift It Forward' initiative that repurposes thousands of new items and products into distinctive, one-of-a-kind gifts for those in need.
UAE Floating Hospital offers hope to Palestinian child with rare genetic condition
A 13-year-old Palestinian girl, with a rare, potentially life-threatening genetic disease, has got a new lease of life after undergoing a specialised treatment at the UAE Floating Hospital in Egypt's Al Arish.
UAE leaders share Ramadan greetings on social media
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has extended his sincere wishes to the people of the UAE and around the world to mark the start of the holy month of Ramadan on Tuesday.
UAE confirms first day of Ramadan
The UAE Presidential Court has confirmed that Wednesday, February 18, will be the first day of the holy month of Ramadan.
Taxi drivers, delivery riders and workers are the focus of a new Ramadan road safety drive in Dubai, aimed at reducing accidents during the holy month.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has explored ways to strengthen bilateral ties with France during talks with President Emmanuel Macron on the sidelines of the AI Impact Summit in New Delhi.
The UAE has sent urgent humanitarian aid, including shelter supplies, essential food items, medical supplies and cholera vaccines, to help thousands of people displaced by the severe flooding in Mozambique recently.
