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United Kingdom

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

23 May 2018

Pakistan hires UAE banks to raise $200 million loan

DUBAI, May 23 The government of Pakistan is raising a $200 million syndicated loan with three United Arab Emirates (UAE) banks, banking sources familiar with the matter said, as Islamabad clings to external funding to stave off the pressure of balance payments.

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.

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.

20 May 2018

MIDEAST STOCKS-Saudi flat, Drake and Scull International lifts Dubai

DUBAI, May 20 Gulf stock markets were mostly flat on Sunday amid low trading volumes and a lack of significant events.

20 May 2018

Kuwait Energy appoints adviser as it looks to sell Iraq asset: sources

DUBAI Kuwait Energy, an independent oil and gas company, has hired investment bank Perella Weinberg Partners (PWP) to advise it on options that could include selling all or part of its Block 9 asset in southern Iraq and a spin-off of Egyptian assets, sources familiar with the matter said.

20 May 2018

Kuwait Energy appoints adviser as it looks to sell Iraq asset - sources

DUBAI, May 20 Kuwait Energy, an independent oil and gas company, has hired investment bank Perella Weinberg Partners (PWP) to advise it on options that could include selling all or part of its Block 9 asset in southern Iraq and a spin-off of Egyptian assets, sources familiar with the matter said.

17 May 2018

Dubai’s TECOM in talks to refinance, increase $1 bln loan -sources

DUBAI, May 17 TECOM Group, a business park operator owned by Dubai Holding is considering refinancing and increasing the size of a loan of around $1 billion it raised in 2014, banking sources said.

17 May 2018

Egypt's Banque Misr hires Citi for $500 million loan: sources

DUBAI Banque Misr, Egypt’s second largest bank, has mandated Citigroup to arrange a $500 million syndicated loan, banking sources said, the latest sign of a pick-up in interest among international banks in lending to Egyptian borrowers.

14 May 2018

SoftBank, PIF in early funding talks with banks on huge solar project - sources

DUBAI SoftBank Group Corp and Saudi Arabia's Public Investment Fund are in early talks with banks about potential funding for a multi-billion dollar solar power project planned in the kingdom, say sources familiar with the matter.

10 May 2018

Saudi banks plan U.S. dollar bonds despite ample liquidity: sources

DUBAI At least three commercial banks in Saudi Arabia are preparing U.S. dollar debt issues, banking sources said, in what would be the first hard-currency debt sales by Saudi banks in several years.

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