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Marwa Rashad

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

Mar 21 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.

Mar 19 2018

Thousands flock to auction of vehicles owned by Saudi tycoon

DAMMAM, Saudi Arabia Thousands of people attended the first day of an auction of vehicles owned by indebted Saudi Arabian tycoon Maan al-Sanea and his company, a sale which officials say will go towards repaying about 18 billion riyals ($4.8 billion) owed to creditors. | Video

Mar 15 2018

Saudi central bank raises key interest rates ahead of U.S.

RIYADH Saudi Arabia's central bank raised its two key interest rates by 0.25 percentage points on Thursday in an apparent effort to prevent Saudi money rates from falling far below U.S. rates, which could trigger capital outflows from the kingdom.

Mar 15 2018

Exclusive: Saudi state expected to take 35 percent 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.

Mar 07 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.

Mar 01 2018

Saudi developer Jabal Omar to close Umm Al Qura merger deal in 2018

RIYADH Jabal Omar Development Co. , one of Saudi Arabia's largest listed property developers, expects to finalize its merger deal with Umm Al Qura Development and Construction in 2018, a senior company executive told Reuters.

Feb 26 2018

Marriott to attract $2 billion investment in Saudi over four years: executive

RIYADH Marriott International expects to attract $2 billion of investment in Saudi Arabia in the next four years by almost doubling the number of hotel rooms it operates there, an executive said on Monday.

Feb 22 2018

Jump in Islamic tax liabilities worries Saudi banks

RIYADH/DUBAI A jump in retroactive Islamic tax liabilities faced by Saudi Arabian banks is creating concern about damage to their earnings and the government's motives in demanding the money.

Feb 20 2018

Relax and invest, Saudi prince tells investors after corruption crackdown

RIYADH/DUBAI Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business.

Feb 07 2018

Saudi Arabia plans to seize controlling stake in broadcaster MBC: sources

RIYADH/DUBAI Saudi authorities plan to take ownership of a majority stake in MBC Group, the Middle East's largest private media company, as they move to seize assets from those caught up in an anti-corruption probe, sources close to the matter said on Wednesday.


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