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 Jul 2018

Bidders emerge for Abraaj's investment business -sources

DUBAI, July 18 Several potential buyers have emerged for Middle East buyout firm Abraaj's investment management business as a revised offer from previous frontrunner Colony Capital was rejected, say sources familiar with the matter. The bids by Cerberus Capital Management, York Capital Management and Abu Dhabi Financial Group (ADFG) will be considered by Dubai-based Abraaj's newly-appointed liquidation committee, which was established this week to help steer the company's future, said the sources.

18 Jul 2018

Saudi Electricity Co in talks for international bond issue - sources

DUBAI, July 18 State-controlled utility Saudi Electricity Co has recently discussed with a group of international banks its plan to issue a U.S. dollar-denominated bond, sources familiar with the matter said.

16 Jul 2018

Oman’s Sohar Aluminium to meet banks to discuss financing: sources

DUBAI Oman's Sohar Aluminium will meet banks this week in London to discuss potential financing options, four sources familiar with the matter said.

16 Jul 2018

Oman’s Sohar Aluminium to meet banks to discuss financing -sources

DUBAI, July 16 Oman's Sohar Aluminium will meet banks this week in London to discuss potential financing options, four sources familiar with the matter said.

12 Jul 2018

Egyptian General Petroleum Corp hires HSBC to raise $1 billion loan - sources

DUBAI, July 12 Egyptian General Petroleum Corp (EGPC) has hired HSBC to arrange a loan of around $1 billion, five banking sources familiar with the matter said, the latest sign of international banks' increased appetite for Egyptian debt.

05 Jul 2018

Colony Capital's Abraaj deal faces investor resistance: sources

DUBAI U.S. investment manager Colony Capital's deal to take control of four funds belonging to Dubai-based Abraaj is encountering investor resistance, four sources familiar with the matter said, piling further pressure on the embattled Middle East buyout firm.

28 Jun 2018

Colony's Cayman court showdown on Abraaj set for July 11: sources

NEW YORK/DUBAI A Cayman Islands court will decide on July 11 whether to approve Colony Capital's deal to take control of four funds belonging to Middle East private equity firm Abraaj Group, three sources familiar with the matter said.

27 Jun 2018

Saudi, Kuwait and UAE to announce measures to support Bahrain's economy

DUBAI Saudi Arabia, Kuwait and the United Arab Emirates will soon announce an integrated program to support Bahrain's economic reforms and its fiscal stability, a joint statement from the three Gulf states said on Tuesday.

18 Jun 2018

Bahrain’s credit default swaps surpass 2016 peak when oil cost $30 per barrel

DUBAI, June 18 The cost of insuring Bahrain's sovereign debt against default is at an historical high, amid continuing concerns over the country's ability to tap international markets to stave off a potential financial crisis.

15 Jun 2018

UAE businessman transferred debt to fund suing Abraaj: sources

DUBAI A family involved with Abraaj handed over debt exposure to the private equity firm to a little-known fund that has now filed a petition against Abraaj, deepening its financial woes, sources said.

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