Continuing slump in demand for cut and polished diamonds in the West and China is impacting about 4,000 processing units in Surat, in Modi’s home state of Gujarat
job losses
Latest in job losses
career cushioning
UAE employees are ‘career cushioning’ as fear of recession, inflation, termination looms
Career cushioning often involves the metaphorical action of ‘cushioning’ oneself from the pain of unexpected job loss
Hamish Clark
Global legislators have a “moral duty” to focus on mental health after Covid job losses, remote work
The global economy is conservatively losing a trillion dollars in lost productivity each year due to mental ill-health, the chief wellness officer of PwC Middle East said
business activities
Saudi, UAE business conditions improve, though employment falls
PMI surveys compiled by IHS Markit in December for the two Gulf nations rose above the threshold of 50 that separates growth from contraction
coronavirus lockdown
Video: Here’s how to interpret data during the pandemic
The savings rate went from 8% in the early part of the year to 33% during the pandemic.