As-salaam alaykum, Haliburton!
Haliburton to move headquarters and CEO to Dubai
MANAMA/HOUSTON - U.S. oil services firm Halliburton Co. is moving its headquarters and chief executive to Dubai in a move that immediately sparked criticism from some U.S. politicians.
Texas-based Halliburton, which was led by Vice President Dick Cheney from 1995-2000, did not specify what, if any, tax implications the move might entail. It plans to list on a stock exchange in the Middle East once it moves to Dubai — a booming commercial center in the Gulf. The company said it was making the moves to position itself better to gain contracts in the oil-rich Middle East.
Oh yeah... I got out at the right time. Yes indeed.
I guess this means we're in for another round of how icky and bad Dubai is, huh? : P
MANAMA/HOUSTON - U.S. oil services firm Halliburton Co. is moving its headquarters and chief executive to Dubai in a move that immediately sparked criticism from some U.S. politicians.
Texas-based Halliburton, which was led by Vice President Dick Cheney from 1995-2000, did not specify what, if any, tax implications the move might entail. It plans to list on a stock exchange in the Middle East once it moves to Dubai — a booming commercial center in the Gulf. The company said it was making the moves to position itself better to gain contracts in the oil-rich Middle East.
Oh yeah... I got out at the right time. Yes indeed.
I guess this means we're in for another round of how icky and bad Dubai is, huh? : P
posted by J. Edward Tremlett at 8:51 AM
0 Comments:
Post a Comment
<< Home