January 2, 2026

UAE Banks End SMS OTPs from 2026, Switch to In-App Biometric Payment Approvals

From January 6, 2026, UAE banks will stop sending SMS OTPs for online card payments. Instead, users must approve transactions through bank apps using biometrics for stronger security.

January 2, 2026

MHA Restores ₹100 Crore Project Approval Powers to Ladakh's Lieutenant Governor

On January 1, 2026, MHA restored financial powers to Ladakh's Lieutenant Governor to approve projects up to ₹100 crore. This follows a recent withdrawal. Powers now require consultation with finance officials and quarterly reporting.

January 2, 2026

Supreme Judiciary Council Launches Online Auction for Vehicles, Real Estate, and License Plates in January 2026

The Supreme Judiciary Council will hold a transparent online auction in January 2026 on the Court Mzadat app. Items include vehicles, heavy machinery, real estate, and special license plates. Bidding is open to individuals and businesses with a clear schedule over several days.

January 2, 2026

UAE Updates Expat Inheritance Laws: Assets Without Heirs Turn to Charity

New UAE laws ensure expat assets without heirs become charitable endowments. Non-Muslims see fairer inheritance shares, and minors can manage assets earlier.

January 2, 2026

FTSE 100 Breaks 10,000 Points in Strong 2025 Santa Rally

The UK’s FTSE 100 index breached the 10,000 mark for the first time, boosted by Rolls-Royce, Melrose and Fresnillo. The strong finish caps a 21.5% rise in 2025 amid a global stock rally.