Saeed Azhar

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

22 May 2017

NMC Health, Ashmore, Dallah weighing bids for Saudia medical unit-sources

DUBAI/ABU DHABI, May 22 UAE health operator NMC Health, asset manager Ashmore Group and Dallah Health are separately considering bids for the Jeddah-based medical services business of Saudi Arabian Airlines (Saudia) which could fetch $500 million, sources familiar with the deal said.

16 May 2017

Saudi sale of the century lures foreign investment banks, PE firms

DUBAI One of the world's largest privatization programs is drawing foreign investment banks and private equity (PE) firms to Saudi Arabia, despite the prospect of low fees and an uncertain regulatory environment.

15 May 2017

DAMAC predicts Dubai property supply rise as market turns corner

DUBAI, May 15 DAMAC Properties expects around 11,000 to 12,000 residential properties to hit the Dubai market in 2017, a steady increase compared to the average over the last two years, the group's chief finance officer said.

11 May 2017

JPMorgan to add bankers in Saudi Arabia to reflect market growth

DUBAI JPMorgan will increase the number of bankers it has in Saudi Arabia to around 80 by the end of the year to capitalise on the increase in equity market activity and mergers and acquisitions in the kingdom, a senior executive said.

05 May 2017

Saudi central bank chief says does not see more bank mergers in pipeline

RIYADH Saudi Arabia's central bank governor Ahmed al-Kholifey said on Thursday that he did not see more bank mergers looming, after Alawwal Bank and Saudi British Bank agreed last week to start talks on a possible merger.

03 May 2017

Olayan family plans to list its Saudi business: sources

RIYADH The Olayan family, which controls one of Saudi Arabia's largest conglomerates, is considering listing at least 30 percent of its Saudi business in a sale that could value the company at several billion dollars, banking sources say.

02 May 2017

Saudi's SABIC looking at $3 billion-$6 billion acquisition opportunities

RIYADH Saudi Basic Industries Corporation (SABIC) is evaluating acquisition opportunities in the range of $3 billion to $6 billion in petrochemicals, specialty chemicals and fertilisers, its chief executive said on Tuesday.

01 May 2017

RBS-backed Saudi bank says has nearly doubled share of retail market

RIYADH Saudi Arabia's Alawwal Bank, partly owned by Royal Bank of Scotland, has roughly doubled its market share within retail banking thanks to its expansion in the last three years, despite a difficult economic environment, its chief executive said on Monday.

25 Apr 2017

Saudi's Alawwal Bank and HSBC-backed SABB in merger talks

DUBAI Saudi lenders Alawwal Bank and Saudi British Bank have agreed to start talks about a merger that could create the kingdom's third biggest bank with assets of nearly $80 billion.

17 Apr 2017

HSBC predicts 100 Saudi Arabian listings in privatisation drive

DUBAI Saudi Arabia's privatisation drive is likely to result in around 100 new stock market listings in sectors including mining, healthcare and retail, a top HSBC executive said on Monday.

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