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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

06 Jun 2018

Kuwaiti creditor refuses Abraaj deal, may prompt provisional liquidation: sources

DUBAI A Kuwaiti creditor is refusing to agree to a debt settlement deal with Abraaj, which could push the private equity firm to seek provisional liquidation, three sources close to the matter said.

05 Jun 2018

UAE's ADNOC may sell more of distribution business: sources

DUBAI/ABU DHABI Abu Dhabi National Oil Company is considering selling another 10 percent stake in its fuel distribution business, which listed in an initial public offering last year, but the timing is uncertain, three sources familiar with the matter said.

05 Jun 2018

Dubai's Mashreq applies for Saudi banking licence -sources

DUBAI, June 5 Mashreq, Dubai’s third-largest bank by assets, has applied to Saudi Arabia's central bank for a banking licence as it seeks to benefit from opportunities surrounding the kingdom's ambitious economic reform plans, according to sources familiar with the matter.

04 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.

01 Jun 2018

Cayman Islands court dismisses claims in $126 billion Mideast 'Ponzi scheme'

DUBAI A Cayman Islands court has dismissed rival claims made by a Saudi Arabian family and the Cayman companies of a Kuwaiti-born businessman, finding both the family and the businessman to have defrauded scores of banks out of about $126 billion (£94.4 billion) over more than two decades.

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.

30 May 2018

Deutsche Bank looking to sell stake in Dubai-based Abraaj - sources

DUBAI Deutsche Bank is looking to sell its small stake in Dubai-based Abraaj, the embattled private equity firm involved in a row over alleged misuse of investor money, two 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.

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.

28 May 2018

StanChart's private equity arm seeks exit from Saudi construction investment - sources

DUBAI Standard Chartered's private equity arm is seeking to sell its stake in a unit of Saudi Binladin Group, the construction group whose owners were entangled in Saudi Arabia's anti-corruption purge, said three sources familiar with the matter.

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