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 President receives official welcome at Presidential Palace in Nicosia
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has started his official visit to Cyprus with a reception ceremony held by President of Cyprus, Nikos Christodoulides, at the Presidential Palace in Nicosia.
Rain hits parts of UAE: Dubai Police issues public safety SMS alerts
Several parts of the UAE have been hit with rainfall of varying intensities on Sunday morning, with the Dubai Police issuing public safety messages via SMS to urge residents to exercise caution.
UAE condemns terrorist shooting at Bondi Beach
The UAE has strongly condemned the terrorist shooting at a Jewish gathering in Australia's Bondi Beach that left at least 12 people dead and around 30 more wounded.
UAE condemns shooting at Brown University in US
The UAE has condemned the shooting incident at Brown University in the state of Rhode Island that left two students dead and another nine people wounded at the US Ivy League school.
Sheikh Mohammed honours Palestinian architect with 'Great Arab Minds' award
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has awarded Palestinian architect Dr Suad Amiry with the Great Arab Minds title for her work in preserving architectural heritage.
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The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
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Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
