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 condemns mosque bombing in Syria’s Homs
The UAE has strongly condemned the bombing at a mosque in Homs, central Syria, which left a number of civilians dead and injured.
UAE–Pakistan ties in focus during high-level talks
The UAE's President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with Pakistan’s Prime Minister Shehbaz Sharif on strengthening cooperation between the two countries.
Dubai NYE: Road closures, traffic plan announced
Dubai authorities say they are fully prepared to deliver a safe, world-class New Year’s Eve celebration across the emirate.
UAE President arrives in Pakistan on official visit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Islamabad on an official visit to Pakistan.
