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 defence systems respond to missile, drone threats
The UAE's air defence systems responded to incoming missile and drone threats from Iran late on Tuesday.
UAE cracks down on price hikes for essential items
Since the start of the regional crisis, the UAE Ministry of Economy and Tourism has recorded over 560 violations, mainly for unjustified price hikes, issuing 449 warnings and fines exceeding AED 207,000.
Etihad Rail Freight keeps UAE supply chains moving
Etihad Rail says its freight services across the UAE’s railway network continue to operate normally, ensuring the uninterrupted movement of goods and supporting the resilience of national supply chains.
UAE Foreign Minister discusses regional developments with global partners
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, held phone calls with foreign counterparts to discuss the latest regional developments following the unprovoked Iranian missile attacks.
Rain and dusty winds forecast across parts of UAE
The National Centre of Meteorology has forecast relatively unstable weather across the UAE until March 15, with a chance of rainfall over some areas, particularly western and coastal regions.
UAE intercepts 8 ballistic missiles, 26 drones on Tuesday
The UAE air defence systems intercepted 8 ballistic missiles and 26 drones on Tuesday, according to figures released by the Ministry of Defence.
NATO ambassadors to hold meeting with Gulf partners next week
Ambassadors from NATO's 32 member countries plan to meet with Gulf representatives next week to discuss the Iran war and regional tensions, three European diplomats told Reuters.
UAE Ministry of Defence holds military funeral for nation's martyrs
The military funeral ceremony for the UAE's martyrs - Captain Saeed Al Balooshi and First Lieutenant Ali Al Taniji - took place on Tuesday.
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Pinoy Expat Corner
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What is the difference between hiking in the UAE compared to hiking in the Philippines?
Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
