DFSA imposes financial penalties of $299,300,000 (Dhs1,098,431,000) and $15,275,925 (Dhs56,062,645) on Abraaj Investment Management Limited (AIML) and Abraaj Capital Limited, ACLD, respectively.
The US Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company’s handling of user data, a source familiar
Taxpayers must ensure that the VAT is properly accounted for, collected to be paid to the Federal Tax Authority (FTA) to avoid hefty penalties.
The Dubai Municipality revealed that strict penalties have been imposed on fake pest control companies, whose activities are a crime against the law.
The Federal Public Prosecution affirmed that the Federal Decree-Law No. 5 for 2012 specified the penalty for disrupting access to an information network or a website.
A fine of no less than Dhs300,000 and not more than Dhs10,000,000 shall be imposed for making available or the storage or publication of an illegal content with removing the same or banning access to such extent within the duration specified in the orders given thereto as stipulated in this decree-law.
The UAE Public Prosecution (PP), on Wednesday, clarified through a post published on its social media accounts the penalty of publishing information on the web for the trade and promotion of narcotics and psychotropics.
The UAE Public Prosecution on Sunday explained, through a video published on its social media accounts, the penalty for misleading consumers through advertisements and promotions.
UAE Public Prosecution says that whoever deliberately commits an act that would endanger the life, health, security or freedoms of people, shall be sentenced to imprisonment and/or fined a monetary penalty.
Whoever threatens a person, verbally or in writing shall be sentenced to temporary imprisonment for a duration of not more than 7 years, according to the Article 402 of the Federal Decree-Law No. 31 of 2021 in passing the Crimes and Penalties Law.