Halliburton heads to the desert

Okay so it’s not the whole company, most probably just the fat cats at the top (i.e. ceo, chairman and cronies) that are moving to Dubai. In fact all the articles I’ve come across keep reinstating the fact that it won’t actually impact Houstonians much and that Halliburton will continue to be a big employer in the Houston area. Houston Chronicle story here.

For those of you not familiar with Dubai, it has become a hotbed for foreign investments due to their lax investment and tax laws. Oh and the mad shopping that happens there–tax free!
Check out the Dubai metblog here.
What are you thoughts on this move?

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