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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

21 Mar 2018

Newly empowered Saudi women to help drive growth at Al Rajhi Bank

DUBAI As Saudi women get the right to drive and have more chances to work, increased economic activity among an entire half of the population is an opportunity for banks, the head of one of them said.

21 Mar 2018

Formerly detained Saudi businessmen Alwaleed and Alhokair in talks for loans

DUBAI Two businessmen formerly detained a part of Saudi Arabia's anti-corruption campaign are now in talks with banks for loans for their firms in excess of $3 billion, sources said, suggesting that bank markets are open again for those who have reached financial settlements with the government.

20 Mar 2018

UAE seeks exemption from U.S. tariffs on steel, aluminium - government official

ABU DHABI The United Arab Emirates is asking Washington to exempt it from new U.S. tariffs on aluminium and steel and believes it has a strong case, a senior government official said on Tuesday.

15 Mar 2018

EXCLUSIVE - Saudi state expected to take 35 pct stake in Saudi Binladin Group

RIYADH/DUBAI The Saudi government is expected to take a 35 percent stake in construction giant Saudi Binladin Group (SBG) as part of a financial settlement with state authorities, sources told Reuters on Thursday.

15 Mar 2018

Kuwait's Agility and France's Orange sue directors of Iraq's Korek

DUBAI, March 15 A joint venture of Kuwaiti logistics firm Agility and France's Orange has filed a claim against three directors of Iraqi mobile telecoms operator Korek, alleging mismanagement and the apparent misappropriation of millions of dollars.

13 Mar 2018

Exclusive - Saudi businessman al-Sanea seeks last-ditch debt deal: sources

DUBAI Saudi Arabia's collapsed Saad Group, led by businessman Maan al-Sanea, has called a meeting with creditors in a last-ditch attempt to end a dispute over 16 billion riyals ($4.3 billion) of claims, sources close to the matter said.

12 Mar 2018

Exclusive - CFO says he left Dubai-based private equity firm Abraaj

DUBAI The chief financial officer of Dubai-based Abraaj Holdings told Reuters he had left the embattled private equity company.

12 Mar 2018

UAE central bank to launch new EIBOR system next month -banker

DUBAI, March 12 The United Arab Emirates central bank will next month launch a new way of setting Emirates Interbank Offered Rates (EIBOR), helping to make the system more accurate and transparent, a senior banking industry official told reporters on Monday.

08 Mar 2018

Creditors look to sell Saudi Arabia's Al-Gosaibi debt on rising price -sources

DUBAI, March 8 Bahrain-based Gulf International Bank (GIB) has sold its 513.6 million riyals ($137 million) claim against Ahmad Hamad Al-Gosaibi and Brothers (AHAB), which has been locked in a near decade-long dispute with creditors, sources told Reuters.

07 Mar 2018

Saudi crown prince seeks solution to banks' $2.6 billion Islamic tax row: sources

RIYADH/DUBAI Crown Prince Mohammed bin Salman has directed the Saudi government to resolve a dispute with banks facing higher Islamic tax liabilities, banking sources say, in an attempt to avoid any damage to his push to diversify the economy.

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