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 to begin lifting drone-use restrictions
The UAE has announced restrictions on drone activities will be lifted in phases on November 25, beginning with licenses for companies and government agencies.
Dubai Police warn residents of scam calls
Dubai Police have warned against calls from scammers asking for financial details, reminding residents official institutions will never request this information over the phone.
UAE President welcomes Indonesian counterpart
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received President Prabowo Subianto of Indonesia at his official reception ceremony in Qasr Al Watan on Saturday.
Indonesian President arrives in UAE on state visit
His Excellency President Prabowo Subianto of Indonesia arrived in Abu Dhabi on Saturday on an official state visit to the United Arab Emirates.
The UAE has announced restrictions on drone activities will be lifted in phases on November 25, beginning with licenses for companies and government agencies.
Dubai Police have warned against calls from scammers asking for financial details, reminding residents official institutions will never request this information over the phone.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received President Prabowo Subianto of Indonesia at his official reception ceremony in Qasr Al Watan on Saturday.
