Big US firms hold $2.1trn overseas to avoid taxesThe 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid US taxes and would collectively owe an estimated $620 billion in US taxes if they repatriated the funds, according to a study released on Tu More… |
US firms form alliance to service Iraq oil sectorNorth America Western Asia Holdings (Nawah); US Steel Tubular Products, a subsidiary of United States Steel Corporation; and MRC Global have announced an alliance to bring critical oil well equipment into the natural resources-rich region of sou More… |
DIFC registrations up 64 in first half of 2011The Dubai International Financial Centre (DIFC), the UAE’s finance and business hub, said 64 companies joined in the first half of 2011, boosted by registrations from European and North American firms, the authority said on Monday. The num More… |
US firms 'need to study Arab culture'US firms aren't getting the best out of their Bahraini staff because they don't understand them, according to a specialist. Gulf Air IT infrastructure head Dr Jassim Haji, who was awarded a PhD from Northumbria University, UK, reached this More… |
Empower, US energy firms in key talksEmirates Central Cooling Corporation (Empower), a leading district cooling service provider in the region, held talks with US energy majors to boost bilateral relations and also attract investment in the sector. Empower CEO Ahmad Bin More… |
US firms entitled to Iraqi oil says tycoonOil tycoon T Boone Pickens told Congress that US energy companies are 'entitled' to some of Iraq's crude because of the large number of American troops that lost their lives fighting in the country and the US taxpayer money spent in Ir More… |
US firms entitled to Iraqi oil says tycoonOil tycoon T Boone Pickens told Congress that US energy companies are 'entitled' to some of Iraq's crude because of the large number of American troops that lost their lives fighting in the country and the US taxpayer money spent in Ir More… |
US-Bahraini firms trade website vitalA matchmaking website is needed to pair up Bahraini and American firms looking to do business, according to a trade expert. The proposal has been put forward by Dr Sharon Freeman, director of the international business development office a More… |
US-Bahraini firms trade website vitalA matchmaking website is needed to pair up Bahraini and American firms looking to do business, according to a trade expert. The proposal has been put forward by Dr Sharon Freeman, director of the international business development office a More… |
US firms eye Libya for big contractsMajor US companies are jockeying for tens of billions of dollars in infrastructure and other big projects in oil-rich Libya, as ties between the former foes warm. Boeing Co, the top US exporter, hopes to expand on an initial sale of three More… |