US-Iran war-linked disruptions hit UAE jobs, consumption; remittance risks for India – The Times of India

US-Iran war-linked disruptions hit UAE jobs, consumption; remittance risks for India – The Times of India

A month into the Gulf conflict, early economic strain is surfacing in the United Arab Emirates, with companies in hospitality, travel, events and food & beverage beginning to cut costs through layoffs, pay reductions and unpaid leave, according to an ET report.People tracking hiring trends said the adjustment has already started at the firm level…

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