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.
Fire in Dubai Marina high-rise contained after six hours
A major fire that broke out in a 67-storey residential tower in Dubai Marina late on Friday night was fully contained by Dubai Civil Defence teams in the early hours of Saturday.
UAE foreign minister, global counterparts discuss regional developments
His Highness Sheikh Abdullah bin Zayed Al Nahyan, the UAE's Deputy Prime Minister and Minister of Foreign Affairs, has held a series of phone calls with his counterparts in Qatar, Oman, France, Russia and the UK to discuss rising regional tensions.
Jaywalking and scooter misuse claim 13 lives in Dubai
Dubai Police have recorded 13 fatalities in the first five months of this year due to jaywalking and unsafe e-scooter use.
Watch: Abu Dhabi hosts test flight of pilotless air taxi
Abu Dhabi has taken a major leap into the future of transportation with a successful public test flight of a passenger electric vertical take-off and landing aircraft, or eVTOL.
UAE carriers suspend, reroute flights after Israel strikes Iran
UAE airlines have suspended and rerouted a number of flights due to the temporary closure of airspace over Iran and Israel.
MBRGI completes major anti-malnutrition projects in Africa
The Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), through its 1 Billion Meals campaign, has successfully completed a series of impactful projects to combat malnutrition in Niger, the Democratic Republic of Congo and Senegal.
UAE strongly condemns Israeli strikes on Iran
The UAE has strongly condemned the Israeli strikes on Iran, calling on the United Nations Security Council to take urgent and necessary measures to achieve a ceasefire.
UAE President, Canada PM discuss bilateral ties during call
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Canadian Prime Minister Mark Carney have discussed bilateral cooperation and ways to strengthen collaboration during a phone call.
You're Still The One
Shania Twain
Change The World
Eric Clapton
Kabataang Pinoy
Itchyworms
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! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
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! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
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! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
