UAE Regulator Warns Of Fake Entity Posing As Emirates Investment Bank

2025-11-19 04:16:13

(MENAFN- Khaleej Times)

The UAE Securities and Commodities Authority (SCA) has warned investors about an unidentified entity impersonating Emirates Investment Bank and operating through a cloned website.

The SCA, the federal regulator for financial markets in the UAE, said in a notice that the entity had circulated fake documents using its logo and those of other institutions.

Recommended For You Dubai World Cup 2026 tickets now on sale, prices start from Dh40

The alert said the operation was also running websites including, which falsely present themselves as part of Emirates Investment Bank.

Stay up to date with the latest news. Follow KT on WhatsApp Channels.

The regulator said the entity is not authorised to offer investment services in the UAE and urged investors to check the licensing status of any company before signing agreements or transferring funds. A list of all licensed firms is available on the SCA's official website.

Earlier this month, the SCA issued another warning to investors, urging them to be careful while using trading apps. Some apps are owned by unlicensed firms and can expose you to legal liability. You can also be found in violation of AML laws if you use trading apps for illegal purposes.

MENAFN19112025000049011007ID1110365652

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.