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 unveils AED 170 billion road, transport plan to ease traffic
The UAE has announced a AED 170 billion package of national transport and road projects to be completed by 2030, aimed at easing congestion and improving mobility across the country.
Dubai rolls out new taxi fares for app bookings
Dubai’s Roads and Transport Authority (RTA) has rolled out a new fare structure for taxis booked via smart apps, but the changes will not affect passengers hailing taxis directly on the street.
UAE moving fast towards 2031 national goals
The UAE has already achieved 67 per cent of its national goals under the "We the UAE 2031" vision — with six years still to go.
Ministerial Development Council reviews progress on national priorities
Major projects in infrastructure, energy and Emirati workforce empowerment topped the agenda at the latest Ministerial Development Council meeting.
6:00am - 10:00am
10:00am - 1:00pm
