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, Saudi Arabia and allies condemn Israeli minister over flotilla detainees
The foreign ministers of the UAE, Saudi Arabia, Qatar, Jordan, Egypt, Türkiye, Indonesia and Pakistan have jointly condemned Israeli National Security Minister Itamar Ben-Gvir over the treatment of detainees linked to a Gaza-bound flotilla.
UAE President joins call with Trump, regional leaders to discuss Iran peace deal
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has taken part in a joint call with leaders of the US, Bahrain, Qatar, Saudi Arabia, Jordan, Egypt, Turkey and Pakistan to discuss regional developments and efforts to advance diplomatic solutions.
UAE delegation concludes participation in GLOBSEC Forum 2026 in Prague
A high-level delegation from the United Arab Emirates, led by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, concluded its participation in the GLOBSEC Forum 2026, which was held in Prague from May 21-23.
UAE, Qatar discuss regional diplomacy and bilateral ties
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held a phone discussion with Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, over the latest developments in the region.
The foreign ministers of the UAE, Saudi Arabia, Qatar, Jordan, Egypt, Türkiye, Indonesia and Pakistan have jointly condemned Israeli National Security Minister Itamar Ben-Gvir over the treatment of detainees linked to a Gaza-bound flotilla.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has taken part in a joint call with leaders of the US, Bahrain, Qatar, Saudi Arabia, Jordan, Egypt, Turkey and Pakistan to discuss regional developments and efforts to advance diplomatic solutions.
A high-level delegation from the United Arab Emirates, led by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, concluded its participation in the GLOBSEC Forum 2026, which was held in Prague from May 21-23.
