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 stresses on stability of Qatar, GCC during urgent council debate
The UAE has reaffirmed its full solidarity with Qatar, strongly condemning the Israeli attack on Hamas leaders in Doha and stressing on the stability and security of the GCC during an urgent debate held by the UN Human Rights Council in Geneva.
Battery-swap stations to drive greener delivery transport in Dubai
Dubai’s Roads and Transport Authority (RTA) has announced plans to install battery-swapping stations for electric bikes across key locations in the emirate.
UAE, Azerbaijan seal strategic partnership
The UAE and Azerbaijan have taken a major step forward in their bilateral relations, announcing a Comprehensive Strategic Partnership during a high-level meeting in Karabakh.
H.H. Sheikh Hamdan: Dubai aims for global best in community protection
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