Stanley Carvalho

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

13 Dec 2017

UAE, Saudi working on digital currency for cross-border deals

ABU DHABI The United Arab Emirates is working with Saudi Arabia's central bank to issue a digital currency that would be accepted in cross-border transactions between the two countries, UAE central bank governor Mubarak Rashed al-Mansouri said on Wednesday.

07 Dec 2017

Louvre Abu Dhabi to display Leonardo's 'Salvator Mundi'

ABU DHABI The new branch of the Louvre in Abu Dhabi will exhibit Leonardo da Vinci's portrait of Christ, 'Salvator Mundi', which at $450.3 million became the most expensive painting ever sold at a New York auction last month.

06 Dec 2017

Saudi Arabia's SABIC looking at investing in U.S.

ABU DHABI Petrochemicals company Saudi Basic Industries Corp is considering several possible investments in the United States, while state oil giant Saudi Aramco [IPO-ARMO.SE] is looking at gas prospects abroad, Saudi energy minister said on Wednesday.

29 Nov 2017

UAE's RAK Ceramics plans capacity expansion in India: CEO

ABU DHABI RAK Ceramics plans to build a third plant in India to almost double its production capacity there next year, the UAE-based company's chief executive told Reuters.

26 Nov 2017

ADNOC's distribution unit could raise as much as $2 billion in IPO

ABU DHABI Abu Dhabi National Oil Co's (ADNOC) unit set an indicative price range for its initial public offering (IPO) that could raise as much as $2 billion to become the biggest listing in the United Arab Emirates (UAE) since 2007.

23 Nov 2017

Abu Dhabi’s TAQA looks at loans as government did not approve bond issue -sources

DUBAI, Nov 23 Abu Dhabi National Energy Co is talking to banks to obtain loan facilities of up to $1.3 billion which would refinance maturing debt after the Abu Dhabi government declined to approve a planned bond sale in October, sources close to the matter said.

22 Nov 2017

UAE's Bank of Sharjah and Invest Bank in merger talks: sources

DUBAI/ABU DHABI Bank of Sharjah and Invest Bank are in merger talks that could create an institution with about 50.6 billion dirhams ($13.8 billion) of assets, sources familiar with the matter told Reuters.

22 Nov 2017

UAE central bank: request on Saudi accounts was just information-gathering

ABU DHABI A request by the United Arab Emirates central bank for local banks and finance companies to provide details of the accounts of 19 Saudi Arabian citizens was just an information-gathering exercise, the central bank governor told reporters on Wednesday.

20 Nov 2017

ADNOC to raise $2.25 bln pre-IPO loan for distribution unit - sources

DUBAI, Nov 20 Abu Dhabi National Oil Company (ADNOC) plans to raise a $2.25 billion loan for its distribution unit prior to selling a stake of up to 20 percent in the unit in an initial public offering (IPO), sources familiar with the matter said.

20 Nov 2017

UAE oil firm ADNOC may offer 20 percent stake in fuel unit

DUBAI/ABU DHABI Abu Dhabi National Oil Co (ADNOC) said on Monday it may sell as much as a 20 percent stake in its fuel distribution unit, potentially raising up to $2.8 billion.


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