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Khaleej Times on MSNDh1 scam: UAE firm's sales 'crash by 90%' after fraudsters use logo to dupe buyers out of up to Dh100,000A UAE-based company has suffered severe financial setbacks, as well as significant damage to its brand and reputation, after scammers allegedly used its logo and product images to trick customers out ...
The UAE Central Bank also states on its website that its name and those of its employees are sometimes used to create and promote different forms of fraud perpetrated by third parties.
This was not the first time such a scam has been attempted in the UAE. In July 2009, five people were arrested for using forged documents to demand the Central Bank pay them almost $42 billion ...
The Central Bank of the UAE on Saturday temporarily relaxed the net stable funding ratio (NSFR) and the advances-to-stable resources ratio (ASRR) for local and foreign banks to provide them with ...
Paymob, the financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after meeting all regulatory conditions ...
In commemoration of the Central Bank of the United Arab Emirates (CBUAE) Golden Jubilee, the CBUAE has announced the issuance of silver coins to mark this occasion. The CBUAE’s 50th anniversary silver ...
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