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 honours contributors to Life Endowment campaign
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has honoured individuals and institutions for contributing to the Life Endowment campaign, praising their generosity and vital role in strengthening a sustainable healthcare model for the nation.
Sheikh Abdullah meets US Secretary of Treasury in New York
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has held talks with US Secretary of Treasury Scott Bessent in New York.
H.H. Sheikh Hamdan reviews Dubai's future mobility, infrastructure projects
Dubai is taking major steps toward the future of urban mobility, with progress on projects to enhance its road networks, public transport systems and aerial taxi services.
UAE, Chad Presidents explore bilateral cooperation during Abu Dhabi talks
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Chad's leader Mahamat Idriss Déby Itno have reviewed bilateral relations during a meeting at Qasr Al Bahr in Abu Dhabi.
UAE sends sixth aid shipment to Afghanistan
A sixth shipment of humanitarian aid from the UAE has arrived in Afghanistan, as the country continues to support communities affected by the recent earthquakes.
UAE expresses solidarity with Philippines following Typhoon Fung-wong
The UAE has expressed its deepest condolences and solidarity with the Philippines after Typhoon Fung-wong left at least 18 people dead.
UAE condemns terrorist bombing in Islamabad
The UAE has strongly condemned the terrorist bombing in Pakistan’s capital, Islamabad, which killed 12 and injured 27 on Tuesday.
New committees to develop Dubai's film and gaming sectors
Dubai is stepping up its media innovation drive with the launch of two new committees focused on developing the film and gaming sectors.
Abu Dhabi Airports to lead emirate-wide vertiport network
Abu Dhabi Airports has been given the official mandate to develop a network of vertiports across the emirate — key infrastructure that will support the launch of electric air taxis in the coming years.
UAE condemns Delhi explosion
The UAE has strongly condemned the car blast in the Indian capital New Delhi that killed at least eight people.
H.H. Sheikh Mohammed launches search for next 'Arab Hope Maker'
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has launched the search for the next Arab Hope Maker.
UAE President, UK PM discuss stronger partnership, regional stability
The UAE and the UK have reaffirmed their commitment to deepening bilateral cooperation and advancing peace in the region.
H.H. Sheikh Khaled holds talks with Kerala Chief Minister in Abu Dhabi
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has discussed ways to enhance bilateral cooperation in key sectors during talks with Pinarayi Vijayan, Chief Minister of south Indian state of Kerala, in Abu Dhabi.
UAE stands in solidarity with Turkey after deadly warehouse fire
The UAE has expressed its solidarity with Turkey after a major fire at a perfume warehouse in a north-western province left six people dead.
UAE sends fifth aid plane to earthquake-hit Afghanistan
The UAE is continuing its relief efforts in northern Afghanistan following the recent earthquake.
Ministry urges public cooperation during UAE field exercise
The UAE Ministry of Interior has announced that a nationwide field exercise will take place across all emirates from November 11 to 13.
Dubai Metro Blue Line set for 30% completion by end-2026
Dubai Metro Blue Line is on course to completing 30 per cent of construction work by the end of 2026, with the opening day set for 9.9.2029, Roads and Transport Authority (RTA) has confirmed.
Shaikha Al Nowais confirmed first Emirati woman to head UN Tourism
UAE's Shaikha Nasser Al Nowais has won the vote of over 160 member states to seal her position as the first Emirati woman to take on the role as Secretary-General of the United Nations World Tourism Organisation (UN Tourism).
UAE leaders offer condolences to Brazil over tornado victims
President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Sunday, sent a message of condolences to Brazil President Luiz Inácio Lula da Silva, over the victims of the tornado that hit the state of Paraná, which resulted in several deaths and injuries.
Arab Parliament praises UAE's use of AI in justice sector
Mohammed bin Ahmed Al Yammahi, President of the Arab Parliament, has praised the rapid development of the justice sector in the UAE through its artificial intelligence technologies and digital transformation within the judicial system.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has honoured individuals and institutions for contributing to the Life Endowment campaign, praising their generosity and vital role in strengthening a sustainable healthcare model for the nation.
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has held talks with US Secretary of Treasury Scott Bessent in New York.
Dubai is taking major steps toward the future of urban mobility, with progress on projects to enhance its road networks, public transport systems and aerial taxi services.
