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UAE Residents Stressed by Rising Cost of Living, Survey Finds

ABU DHABI – Nearly half of UAE residents are stressed by the rising ‘cost of living’, according to a survey released by a global healthcare services company. Personal and family financial worries are reported to lead to greater anxiety and stress.

45 percent of respondents indicated that the ‘cost of living crisis’ caused by global inflation was the main cause of stress for UAE residents. This concern is followed by problems related to personal (40 percent) and family finances. (39 percent),” the study was conducted by Cigna Healthcare.
‘Financial concerns are likely to increase going forward as global interest rates remain high in the coming months – added Cigna Healthcare, which has been operating in the MENA region for nearly 20 years.

Cigna Healthcare surveyed more than 10,800 people in 12 countries, including the UAE, from May to June 2023, called the ‘Vitality Study’.

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2024-02-02 21:02:18

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