Abu Dhabi’s Union National Bank Said to Cut as Many as 50 Jobs

  • Positions eliminated mostly in retail sales as growth slows
  • Other U.A.E. lenders, Emirates NBD, RAKBank also cut jobs

Union National Bank PJSC, a lender owned by both the governments of Abu Dhabi and Dubai, cut about 50 positions as economic growth slows in the United Arab Emirates, two people familiar with the matter said.

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