Saudi Arabia took steps on Wednesday to help some 2,500 Indian workers stranded without money in the kingdom after a plunge in oil prices sparked construction layoffs.
Energy giant Royal Dutch Shell on Wednesday said it was cutting at least another 2,200 jobs owing to low oil prices and following its takeover of smaller rival BG Group.
Thousands of layoffs at state-linked companies in Abu Dhabi are a fresh sign the Gulf states are hunkering down for a long period of austerity as low crude prices pressure their economies.
One of Saudi Arabia's most powerful firms, the Saudi Binladin Group, has laid off 77,000 foreign workers, a Saudi daily reported on Monday, citing an anonymous company official.
US aerospace giant Boeing will trim about 4,000 jobs in its commercial airplanes division as it seeks to cut costs and boost productivity, a company spokesman told AFP on Wednesday.
General Electric said Wednesday it plans to cut up to 6,500 jobs in Europe in the energy units it acquired from France's Alstom last year.
