Shabir Randeree
European Islamic Investment Bank to cut jobs
Thu, 2011-10-27 10:11 — newsdeskIt seems that European Islamic Investment Bank will cut dozens of jobs and will close a representative office in Bahrain as part of a restructuring.
The number of employees will be reduced to 17 from 35.
EIIB Chairman Shabir Randeree stated that the bank would sketch a new corporate strategy by the end of the year, which is likely to focus on asset management and the company's core Gulf region.
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