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Dubai Police have arrested a six-member gang behind a AED 2.6 million cryptocurrency fraud, recovering both stolen cash and digital assets after tracing wallet movements across the blockchain. The suspects used an unlicensed exchange and decentralised wallets to evade detection. Read more →

The UAE Fuel Price Committee has announced November 2026 fuel prices. Diesel is AED 4.75/litre, Super 98 is AED 4.16/litre, Special 95 is AED 4.04/litre, and E-Plus 91 is AED 3.97/litre. These prices reflect a monthly review. Read more →

The Central Bank of the UAE has fined an unnamed foreign bank branch AED 200 million after examinations found serious, repeated failures in its AML, sanctions, and compliance frameworks. The bank's CEO and head of compliance were also penalised individually and must undergo fit-and-proper reassessments. Read more →

Arabian Center has completed a mall-wide renovation in Dubai's Al Mizhar neighbourhood, adding new facades, lighting, elevators and refurbished visitor amenities. The centre stayed open throughout and will host a UAE Flag Day community event from 3 to 7 November. Read more →

The Federal Tax Authority has overhauled its VAT refund service for UAE nationals building homes, cutting the number of required data fields by half and reducing application time by 80%. Customer satisfaction climbed from 83% in 2023 to 93% in 2026 following the changes. Read more →

Etihad Credit Bureau has launched Credit Score 3i, extending its individual credit assessment window to 36 months and introducing scoring for new-to-UAE residents. The model applies two scoring ranges and allows borrowers who have resolved defaults to see score improvements within six months of consistent repayment. Read more →

EMDAD has officially rebranded as NMDC Emdad following its acquisition by NMDC Group through NMDC LTS. The company says management, contracts, and operations will remain entirely unchanged under the new name. Read more →

Dubai South has agreed a new airside development with Phoenix Aviation at Mohammed bin Rashid Aerospace Hub, covering wide-body aircraft MRO, cabin modifications and cargo conversion. The 71,000-square-metre complex is scheduled to open in Q1 2029. Read more →

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Lana News is a UAE-based digital news platform covering breaking news, business, lifestyle, culture, sport and technology across the Middle East.