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India

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

11 Jun 2018

Waha Capital abandons plan to raise new PE fund -sources

DUBAI/ABU DHABI, June 11 Waha Capital has abandoned plans to raise a $300 million private equity fund and the Abu Dhabi-based firm is pushing ahead with a new strategy for its private equity business, sources familiar with the matter said.

05 Jun 2018

Saudi's SABIC in talks with banks for dollar bond - sources

DUBAI/RIYADH, June 5 Saudi Basic Industries Corp (SABIC) is in talks with banks for a potential U.S. dollar-denominated bond, banking sources familiar with the matter said.

05 Jun 2018

Abraaj expects deal on secured debt, Kuwaiti creditor holds out

DUBAI Private equity firm Abraaj said on Monday it hopes to reach a deal with its secured creditors, although sources said that a Kuwaiti unsecured creditor was holding out, potentially stalling the sale of its investment management business.

31 May 2018

Abraaj lenders seek legal advice on options against Dubai firm - sources

DUBAI, May 31 Lenders to Dubai-based private equity firm Abraaj are seeking advice from law firm Clifford Chance on potential action they could take against the firm as concerns grow about its ability to repay its debt, two sources close to the matter said.

29 May 2018

Deutsche Bank cuts eight equities research positions in Dubai - sources

DUBAI Deutsche Bank has cut eight positions within its equities research team in Dubai as it moves to close the unit as part of a global scaling back of equities business, sources familiar with the matter said.

29 May 2018

Deutsche Bank cuts eight equities research positions in Dubai: sources

DUBAI Deutsche Bank has cut eight positions within its equities research team in Dubai as it moves to close the unit as part of a global scaling back of equities business, sources familiar with the matter said.

22 May 2018

Emirates NBD buys Turkey's Denizbank for $3.2 billion from Sberbank

MOSCOW/DUBAI Dubai's biggest lender Emirates NBD has agreed to buy Turkey's Denizbank from Russia's state-owned Sberbank for $3.2 billion to help establish itself as a leading bank in the Middle East, North Africa and Turkey.

21 May 2018

MIDEAST STOCKS-Property stocks lift Dubai after UAE long-term visa move

DUBAI, May 21 Dubai stocks climbed to a more than two-week high on Monday, as sentiment for property shares was lifted by a decision of the United Arab Emirates' government to grant residency visas of up to 10 years to investors and specialists.

21 May 2018

Ruanne, Cunniff & Goldfarb, RWC in talks to buy Meezan bank's stake: sources

DUBAI/SYDNEY Six institutional investors from the United States and Europe are in talks with Kuwait's Noor Financial Investment to buy a combined 9.59 percent stake in Pakistan's top Islamic lender Meezan Bank from the Gulf company, sources familiar with the matter said.

20 May 2018

Under-pressure Abraaj breaches debt covenants: sources

DUBAI Abraaj, the Middle East's largest private equity house, is in violation of conditions relating to a portion of its debt, said six banking sources, adding to the pressure on a group locked in a dispute with investors.

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