Edition:
India

Hadeel Al Sayegh

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

12 Sep 2017

Doha Bank cuts staff after Qatar's rift with neighbors: sources

DUBAI Doha Bank has cut around 10 jobs in the United Arab Emirates and plans to put some staff in the region on unpaid leave, sources said, as it copes with the fallout from Qatar's rift with its Arab neighbors.

12 Sep 2017

France's Credit Agricole to sell Saudi bank stake to Prince Alwaleed's firm

DUBAI/PARIS France's Credit Agricole has agreed to sell about half its 31.1 percent stake in Banque Saudi Fransi (BSF) to billionaire Prince Alwaleed Bin Talal's Kingdom Holding for 5.76 billion riyals ($1.54 billion).

10 Aug 2017

UAE's JBF RAK PET output stalls amid debt restructuring - COO

DUBAI/BANGALORE JBF RAK, a United Arab Emirates subsidiary of Indian polyester maker JBF Industries, expects to resume production of PET resin as soon as next month after financial problems in the group disrupted operations, a senior company official said.

08 Aug 2017

HSBC plans Saudi growth thanks to kingdom's 'unprecedented' transformation

DUBAI HSBC is planning to add staff to its Saudi Arabian operations as the kingdom embarks on one of the biggest economic transformations attempted by any country, the bank's regional chief Georges Elhedery told Reuters.

04 Aug 2017

Qatar's Doha Bank seeking to reduce UAE loan book -sources

DUBAI, Aug 4 A unit of Qatar's Doha Bank is seeking to sell some of its assets in the United Arab Emirates to local lenders, two banking sources said, the first major move by a Qatari lender to cut exposure to the Gulf's main financial and wealth centre.

03 Aug 2017

Islamic bank Ithmaar exploring sale of stake in Bahrain-based BBK -sources

DUBAI, Aug 3 Bahrain's Ithmaar Holding is exploring the sale of its 25.4 percent stake in BBK BSC, which has operations in Bahrain and Kuwait, India and Dubai, sources familiar with the matter said.

30 Jul 2017

Dubai developer Nakheel targets growth in recurring revenue

DUBAI Property developer Nakheel wants recurring income to increase to more than 50 percent of all revenue by 2021 as it opens more shopping malls in Dubai, its chairman told Reuters.

27 Jul 2017

Exclusive: Saudi Aramco advisers favor London for historic IPO - sources

DUBAI/LONDON Saudi Aramco's advisers have recommended London for the historic listing of the oil company, with U.S. disclosure rules a concern for Saudi authorities, sources familiar with the matter told Reuters.

25 Jul 2017

Saudi Arabia hires Goldman for Riyadh airport stake sale - sources

DUBAI Saudi Arabia has hired Goldman Sachs to manage the sale of a stake in Riyadh airport, the first major privatisation of an airport in the kingdom, three sources familiar with the matter said.

21 Jul 2017

Saudi king overhauls security services following royal shakeup

DUBAI Saudi King Salman on Thursday decreed the consolidation of counter-terrorism and domestic intelligence under a new body, in a major overhaul of the security apparatus weeks after the interior minister was ousted from the royal succession.

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