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.
flydubai CEO thanks crew, passengers as FZ1073 investigation proceeds
Flydubai says its focus remains on supporting affected passengers and crew while authorities investigate the safety incident involving flight FZ1073.
GCAA commends captain, crew and passengers of flight FZ1073
The UAE’s General Civil Aviation Authority (GCAA) has praised the courage and swift response of the captain, crew and passengers of flydubai flight FZ1073, saying their decisive actions helped contain the situation and avert more serious consequences.
UAE President, US Senator discuss stronger strategic partnership
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with US Senator Joni Ernst, with talks focusing on strengthening strategic cooperation between the UAE and the United States.
Gargash hails flydubai pilot as hero after security incident
Dr. Anwar Gargash, Diplomatic Adviser to the UAE President, has praised flydubai pilot Smit Machchhar for his actions during the recent security incident involving flight FZ1073.
Etihad Rail boosts Abu Dhabi-Dubai weekend services after strong demand
Etihad Rail is introducing six extra passenger train services between Abu Dhabi and Dubai this weekend in response to exceptionally strong demand.
7:00pm - 11:00pm
Officially the UAE's favourite DJ, Dany Neville makes sure you have the soundtrack you need every Saturday night.
Die On This Hill
Sienna Spiro
Animal
Katseye
Ride It
Jay Sean