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 announces launch of citizen-led authority
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has announced the launch of an authority that will be led exclusively by citizens to shape the nation's future.
UAE lowers age of maturity to 18 years in new decree law
The UAE has lowered the age of majority from 21 years to 18 years under a new law regarding civil transactions.
Ras Al Khaimah rings in New Year with record-breaking show
Ras Al Khaimah ushered in the new year with a new Guinness World Record title for the largest aerial display of a phoenix, a mythical symbol of renewal and rebirth, created using 2,300 drones.
Emirates flight returns to London shortly after take-off due to 'technical fault'
An Emirates flight from London to Dubai was forced to return to Heathrow airport "shortly after take-off due to a technical fault".
UAE dazzles world as 2026 begins with spectacular displays
The UAE welcomed the start of 2026 with large-scale fireworks and light shows across the country, drawing crowds of residents and visitors to major landmarks and public spaces.
UAE President shares New Year message of unity and progress
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has shared a New Year message, extending his best wishes to people in the UAE and around the world.
H.H. Sheikh Mohammed sends New Year message of optimism
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has shared a New Year message expressing optimism for the year ahead.
UAE President, VPs send New Year greetings to world leaders
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent New Year greetings for 2026 to Their Highnesses and Majesties, Presidents, Kings and Princes of countries around the world, wishing them continued health and prosperity for their nations.
Latest With Hit
Akhil Kavalayoor live on Radio Active
Latest With Hit
Watch Dona & Jean as they grove to SakkathaGavle !
Latest With Hit
Ted X speaker, AI trainer Raul John Aju giving us AI lessons.
