Edition:
India

Davide Barbuscia

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

18 Jan 2018

Dubai Islamic Bank poised to issue dollar sukuk – sources

DUBAI, Jan 18 Dubai Islamic Bank, the largest sharia-compliant bank in the United Arab Emirates, is expected to issue as soon as next week a U.S. dollar-denominated Islamic bond in the region of $750 million, sources familiar with the matter said.

17 Jan 2018

Exclusive: Weeks of talks fail to resolve Dana Gas sukuk dispute - sources

DUBAI Weeks of talks between UAE energy firm Dana Gas and some local holders of a disputed $700 million sukuk have failed to reach an agreement, sources told Reuters, leaving a potentially protracted legal battle as the only available option for now.

17 Jan 2018

Emirates NBD hires StanChart for potential Formosa bond -sources

DUBAI, Jan 17 Emirates NBD, Dubai’s largest bank, has appointed Standard Chartered and other banks to lead a potential Formosa bond issue, sources familiar with the matter said.

16 Jan 2018

Oman’s Bank Sohar seeks $300 million in syndicated loan

DUBAI, Jan 16 Bank Sohar, Oman's fourth largest bank by assets, is raising a $300 million, three-year syndicated loan with a margin of 2 percent a year over the London interbank offered rate (Libor), banks leading the deal said.

11 Jan 2018

Qatar National Bank sells $720 mln Formosa bond - sources

DUBAI, Jan 11 Qatar National Bank, the Gulf's largest bank, issued a $720 million, 30-year Formosa bond earlier this week, two sources familiar with the matter said.

11 Jan 2018

Exclusive: Saudi Aramco working to raise cheap loans before IPO - banking sources

DUBAI Saudi Aramco is working to secure billions of dollars in cheap loans from banks seeking to strengthen their ties with the oil giant before its stock listing, banking and export credit agency (ECA) sources said. | Video

09 Jan 2018

Doha Bank extends two-year loan facility, reduces size to $400 mln

DUBAI, Jan 9 Doha Bank, Qatar’s fifth-biggest lender, has extended by one year a two-year, $575 million loan that it had raised in December 2015, but has reduced the size of the facility to $400 million, a bank official said on Tuesday.

08 Jan 2018

Kuwait Energy in merger talks with London-listed SOCO International

DUBAI SOCO International, an oil and gas exploration and production company listed on the London Stock Exchange, said on Monday it was evaluating a merger with Middle East oil and gas firm Kuwait Energy.

08 Jan 2018

EXCLUSIVE-Kuwait Energy in merger talks with London-listed SOCO International -sources

DUBAI, Jan 8 Oil and gas firm Kuwait Energy is in talks to merge with SOCO International , an oil and gas exploration and production company listed on the London Stock Exchange, two sources familiar with the matter said.

20 Dec 2017

Qatar's currency manipulation probe could curb offshore FX trade, risk Gulf backlash

DUBAI Qatar's investigation into alleged manipulation of its currency could give it more control over exchange rates but make some international banks more wary of doing business with Doha.

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