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- Dubai 04:17 05:37 12:18 15:45 18:54 20:14
Dubai-based Shuaa Capital has cut 15 per cent of its workforce, says a Reuters report citing unnamed sources familiar with the matter.
The bank did not comment on an Emirates 24|7 request for clarification.
According to Reuters, before the lay-offs, which took place at the end of last week, the bank had about 70 employees.
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