Kabayan,

Some of the contractors are affected & some are riding the situation, I have a friend in HR Department he told me that some employers retrench some of the employees and hire new engineers, etc. at half salary (Last year Engineers salary here in qatar is 10k above but right now 5k or less). If you have a good job offer here in qatar then go but if you go here in business/visit visa i advice you to stay at your current work wait for the economy to grow.