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 Cabinet adopts AI Advisor System to support decision-making
The UAE has approved the launch of a new Cabinet AI Advisor system, designed to support government decision-making and speed up the study and implementation of projects and initiatives.
UAE condemns hostile Iranian attack on Saudi tanker 'Sidr'
The UAE has strongly condemned an Iranian attack on the Saudi-flagged tanker 'Sidr' while it was transiting the Strait of Hormuz, which resulted in the deaths of a number of crew members.
UAE expresses solidarity with Egypt, Jordan over victims of bus accident
The UAE has expressed its solidarity with Egypt and Jordan after a bus overturned in South Sinai, killing at least 21 people and injuring several others on Wednesday.
Dubai steps up school safety with over 500 inspections
Dubai Municipality has inspected more than 500 schools to ensure canteens, swimming pools, aircons and water tanks are being maintained to meet the city's health and safety standards.
UAE scholarship programme helps 668 students pursue higher education
The UAE is strengthening its position as a global hub for education through its International Student Scholarship Programme, overseen by the Ministry of Higher Education and Scientific Research.
UAE President invites Qatari Emir to attend UN Water Conference
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a written message to Qatari Emir Sheikh Tamim bin Hamad Al Thani with an official invitation to participate in the 2026 UN Water Conference in Abu Dhabi.
Dubai Police honours Saudi national for saving man from drowning
Abdulrazzaq bin Zaal bin Jabr Al Ruwaili from Saudi Arabia has been honoured for his bravery after he saved a man from drowning in Dubai Creek.
H.H. Sheikh Hamdan: Dubai brings global minds together to design the future
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has directed Dubai Future Week be held from November 18 to 21.
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Pinoy Expat Corner
Why is it important for them to preserve Ilokano culture and traditions even while living far from the Philippines?
Pinoy Expat Corner
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Pinoy Expat Corner
What is their mission and vision for Filipinas in Sharjah and across the other emirates?
