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 delegation arrives in Beirut to reopen Embassy
A high-level UAE delegation has arrived in Lebanon’s capital to reopen the UAE Embassy in Beirut, as relations warm with the election of a new president.
UAE condemns armed attack on military site in Benin
The UAE has strongly condemned the targeted attack on a military site in the West African nation of Benin.
Three Emirati aid convoys arrive in Gaza
Three Emirati aid convoys have crossed into the Gaza Strip through the Rafah border over the last week, as part of Operation Chivalrous Knight 3.
Abdullah bin Zayed attends meeting on Syria in Riyadh
His Highness Sheikh Abdullah bin Zayed bin Sultan Al Nahyan, UAE Minister of Foreign Affairs, joined foreign ministers from the region and elsewhere in Riyadh, Saudi Arabia, on Sunday, at the first regional meeting on Syria since President Bashar al-Assad was ousted last month.
UAE delivers 3,000 tonnes of aid to Lebanon
The second UAE aid ship arrived at Beirut Port on Sunday loaded with 3,000 tonnes of relief supplies, as part of the “UAE stands with Lebanon" campaign.
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