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.
Road closures announced for Dubai Run
Road closures will be in place on Sunday, November 24, to make way for the Dubai Run, as part of the Dubai Fitness Challenge.
Dubai Airports welcomes travellers with special stamp
In a heartfelt tribute to the UAE's Founding Fathers, the late Sheikh Zayed bin Sultan Al Nahyan and Sheikh Rashid bin Saeed Al Maktoum, Dubai Airports and the General Directorate of Residency and Foreigners Affairs (GDRFA) are welcoming travellers with a special stamp featuring the 'Zayed and Rashid' logo.
UAE steps up support for Sudanese refugees in Uganda
The UAE has provided 30,000 relief food packages to Sudanese refugees at the Kiryandongo Refugee Camp in Uganda.
Al Ain to host 53rd Eid Al Etihad official ceremony
The Organising Committee for the 53rd Eid Al Etihad Celebration has announced that this year’s official ceremony will take place in Al Ain.
