71% of retail investors in the UAE hold stocks in companies engaged with AI
markets1 hour ago
A 37-year-old man has been sentenced to three months in prison for embezzling Dh770,000 from a woman by taking advantage of her lack of fluency in Arabic.
The man had received the amount to buy a shipment of pistachios.
However, he kept the entire amount to himself.
Later, he returned an amount of Dh179,000 and took her to the notary to sign a document in Arabic. The lady then asked the receptionist of the contents of the document she had signed. She was informed that it was a waiver stating that she has no concerns with the amount received.
The woman then fled the place and took the document along with her.
Later, the accused made an appeal in the Court of Cessation, stating that he had only received Dh230,000, using which he bought a shipment of pistachios which she refused to receive. The court rejected the man's appeal and sentenced him to prison.
ALSO READ:
71% of retail investors in the UAE hold stocks in companies engaged with AI
markets1 hour ago
This decision was taken to preserve the safety of administrative staff, teachers and students
uae2 hours ago
Abu Dhabi Police has been promoting the safety of motorcycle riders by holding workshops focused on improving traffic awareness
uae2 hours ago
The high-profile event brought together global philanthropic and business leaders to explore the untapped potential of philanthropic capital in accelerating development and humanitarian efforts
kt network2 hours ago
Many employees were told to report to office during the unprecedented rain and storm of April 16-17
uae2 hours ago
His more than 30 books are as likely to be found in airports as on university reading lists and have been translated into more than 40 languages
americas3 hours ago
The machine is a crucial asset during health crises like Covid-19
uae3 hours ago