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The Economic Times

Top News / The Economic Times

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UAE shoppers pull back and stash cash as war drags on

UAE households are cutting back on non-essential spending and saving more. This shift comes as the Iran-Israel conflict continues. Fuel prices have also seen a significant increase. Many consumers are now prioritizing essentials. Luxury purchases are particularly affected. This change in behavior reflects growing financial caution among residents.

1 Apr 2026 1:00 am