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UAE banks lay off 930 employees, close 49 branches
UAE banks have laid off 930 employees, with local banks closing down 49 branches in the third quarter of 2019. Due to consolidation in the sector and cost-cutting measures, the number of bank employees fell from 36,448 in 2019's second quarter to 35,518 in the third quarter, according to The…
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Click here to read the full story: Khaleej Times