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Arab

Dubai Firm Fined for Illegal Trading in U.S. Gas Market

Aaristo Commodities and Futures DMCC of Dubai, United Arab Emirates, paid a $100,000 civil penalty for engaging in illegal trading in the U.S. natural gas, oil, copper and gold markets, the Commodity Futures Trading Commission (CFTC) said Wednesday.

April 10, 2008

Halliburton Opening HQ in UAE, CEO Moving

Halliburton Co. said it will open a corporate headquarters office in the United Arab Emirates and that CEO Dave Lesar will move to Dubai to lead the company’s efforts to grow in the Eastern Hemisphere. A Houston headquarters will be maintained as well. The announcement was made Sunday at a regional energy conference in the Kingdom of Bahrain.

March 13, 2007