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Tom Arnold

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

5:28pm IST

Gulf Capital targets Middle East's 'new oil' in consumer boom

DUBAI Abu Dhabi-based Gulf Capital aims to invest $350 million over the next two years in areas such as consumer-led sectors and renewable energy, in a shift away from oil and gas and infrastructure.

24 May 2018

Exclusive: Saudi Binladin Group to be slimmed down, renamed: sources

DUBAI/RIYADH Saudi Binladin Group will be slimmed down and renamed, six sources familiar with the matter said, after the government seized management control of the construction giant from family members that were swept up in an anti-graft drive.

23 May 2018

Kuwait Petroleum plans $2.6 bln loan for LNG terminal -sources

DUBAI, May 23 A Kuwait Petroleum Corporation-owned firm plans to borrow up to $2.6 billion from banks and export credit agencies to build a liquefied natural gas import terminal, banking sources said.

22 May 2018

MIDEAST STOCKS-Emirates NBD's Turkish deal lifts Dubai index

DUBAI, May 22 Dubai stocks led gains among Gulf markets in early trading on Tuesday, helped by a surge in Emirates NBD after it agreed to buy Turkish lender Denizbank for $3.2 billion.

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.

18 May 2018

Exclusive: Founder of Dubai-based Abraaj faces investor revolt: sources

DUBAI Arif Naqvi, the founder of one of the Middle East's biggest private equity firms, Abraaj, is facing calls from investors to further scale back his involvement in the group amid a row over misuse of funds, two people with knowledge of the matter said.

16 May 2018

Saudi Arabia's National Commercial Bank changes CEO

DUBAI, May 16 National Commercial Bank , Saudi Arabia's largest bank by assets, said on Wednesday that chief executive Saeed al-Ghamdi had resigned, with sources familiar with the matter telling Reuters that he is set to be appointed chairman.

16 May 2018

SABB and Alawwal agree $5 billion merger to create Saudi's third largest bank

DUBAI Saudi British Bank (SABB) and Alawwal Bank have agreed a merger to create Saudi Arabia's third-biggest lender, in a $5 billion deal that marks the first major banking tie-up in the kingdom in two decades.

16 May 2018

Alawwal and SABB to merge to create Saudi Arabia's third largest bank

DUBAI, May 16 Saudi British Bank (SABB) and Alawwal Bank have agreed on a merger, Alawwal Bank said on Wednesday, in a deal that would create Saudi Arabia's third-biggest bank with assets of around $77 billion.

15 May 2018

Japan's SoftBank to open Saudi Arabian office: sources

RIYADH/DUBAI SoftBank is planning to open a Saudi Arabian office, two sources familiar with the matter told Reuters on Tuesday, further strengthening its ties with the kingdom.

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