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One of my friend is working in a recruitment firm and he adviced me about the following sectors. Even if you get an offer from these companies, think twice before joining - all real estate firms, banks, tourism-related businesses, constructions companies

Some of the safe sectors are retail, packaging, healthcare, and locally owned businesses..

Well technically speaking they are all locally owned business as a local business man has to own 51% minimum of every registered company.

Guess I'm just being picky, but yes I would agree with you.

Real estate, construction, banking (although banking is an international problem at the moment, not just restricted to the UAE). As well as all allied industries, this is to say architects firms, interior decorators, transport contractors etc. may of these are secondary to the construction and real estate industry and suffer just as much when the primary industry is hurt.

To a lesser degree things like tourism and the hotel trade will be influenced, but because of the state of global economy.

Retail will also be affected as (in Dubai) it relies heavily on development, tourism and the expatriate population; removing or decreasing these will result in a down turn in the retail trade as well.