Employees in the UAE have told ARN News how they feel, after a new report found that eight out of every 10 people in the country fear getting laid off.
The study by McKinsey & Company also revealed that 40 percent of people in the UAE and Saudi Arabia are cutting down on spending and paying closer attention to prices.
Here's what these residents said:
Meanwhile, the report also found that consumers are also becoming less brand loyal, with at least 15 per cent switching to less expensive brands.
UAE expands support for Gaza healthcare system
The UAE has delivered a new humanitarian aid convoy to Gaza carrying 40 tonnes of medical supplies and four ambulances to support the territory’s strained healthcare system.
H.H. Sheikh Khaled approves AED1.54 billion in housing benefits
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has approved a housing benefits package worth AED1.54 billion for 1,074 citizens in the capital, ahead of Eid Al Adha.
Dubai Police crack down on beggars and illegal butchers
Dubai Police are urging the public not to deal with beggars or unlicensed itinerant butchers, especially during holidays and festive periods.
UAE, Saudi Arabia and allies condemn Israeli minister over flotilla detainees
The foreign ministers of the UAE, Saudi Arabia, Qatar, Jordan, Egypt, Turkey, Indonesia and Pakistan have jointly condemned Israeli National Security Minister Itamar Ben-Gvir over the treatment of detainees linked to a Gaza-bound flotilla.
UAE President joins call with Trump, regional leaders to discuss Iran peace deal
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has taken part in a joint call with leaders of the US, Bahrain, Qatar, Saudi Arabia, Jordan, Egypt, Turkey and Pakistan to discuss regional developments and efforts to advance diplomatic solutions.
