The Houston, TX-based Halliburton has announced plans to
move its corporate headquarters to the United Arab Emirates nation of Dubai.
Halliburton currently operates in 120 countries in large oil
production and construction projects. In Iraq, its subsidiary, Kellogg, Brown
& Root, employs hundreds of civilian truckers to move military cargo - but
Halliburton is in the process of spinning off KBR into its own independent
According to media reports, the move may save the company
hundreds of millions of dollars in U.S. taxes.