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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

22 Nov 2017

Exclusive - SAP investigating its sales practices in Gulf region

DUBAI/LONDON German business software giant SAP, which last month said its South African sales commissions were being probed by U.S. regulators, has launched an investigation into its business practices in the Gulf region, it said on Wednesday.

22 Nov 2017

Exclusive: SAP says executive resigns amid Gulf region sales probe

DUBAI/LONDON SAP is investigating sales practices in its Gulf region after executives in charge of its dealings in the region resigned or been put on administrative leave, the German business software giant said on Wednesday.

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

Emaar Development, Dubai's first big IPO since 2014, falls on debut

DUBAI Shares in Dubai real estate firm Emaar Development fell on their debut on Wednesday in the emirate's first major listing since 2014, reflecting sluggish Dubai property prices and geopolitical jitters.

21 Nov 2017

Exclusive: Selling Saudi Arabia's grain mills proves a grind for investors

DUBAI An unwieldy sale process and onerous ownership rules are discouraging some potential investors from bidding for Saudi Arabia's state-owned grain mills, sources close to the firms say, in a potential snag for the kingdom's economic reforms.

21 Nov 2017

Noor Bank to move away from unsecured small business lending- CEO

DUBAI, Nov 21 Dubai-based lender Noor Bank is to move away from unsecured lending to small and medium-sized enterprises, its chief executive told Reuters, after a rise in bad debts within this sector.

20 Nov 2017

Exclusive: Saudi prince detention holds up loan to investment firm - sources

DUBAI Kingdom Holding's plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia's anti-corruption crackdown, according to four banking sources familiar with the matter.

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.

14 Nov 2017

Egypt's CIB to boost Tier 2 debt as it looks to African growth

DUBAI, Nov 14 Egypt's Commercial International Bank (CIB) plans to boost Tier 2 capital through dollar-denominated subordinated loans as it seeks to diversify its equity base and back expansion plans in Africa, its chairman and managing director said on Tuesday.

13 Nov 2017

Oman’s Duqm Refinery to seek $6 bln bank funding soon - sources

DUBAI, Nov 13 Oman's Duqm Refinery and Petrochemical Industries Co will approach banks in about two weeks for the debt financing it needs to back a $6 billion refinery project, banking sources familiar with the matter told Reuters on Monday.

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