Edition:
United States

Stanley Carvalho

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

Aug 07 2018

Aldar Properties Q2 profit drops 28 percent, misses estimates

ABU DHABI, Aug 7 Aldar Properties, Abu Dhabi's largest property developer, on Tuesday missed estimates with a 28 percent fall in second-quarter profit which it blamed on a revaluation of properties related to its retail portfolio.

Aug 06 2018

UAE's Stanford Marine creditors in talks about sale of business -sources

DUBAI/ABU DHABI, Aug 6 Creditors of Stanford Marine Group (SMG), which has links to troubled private equity firm Abraaj, are in talks with three potential buyers, sources familiar with the matter say.

Aug 01 2018

Founder of Middle East's Abraaj faces fresh criminal action

DUBAI/ABU DHABI Arif Naqvi, the founder of Abraaj, the Middle East's largest private equity firm, is facing fresh criminal charges over accusations of issuing a cheque without sufficient funds, lawyers said.

Jul 24 2018

UAE hails Ethiopia, Eritrea leaders after rapprochement

ABU DHABI The United Arab Emirates hosted the leaders of Ethiopia and Eritrea on Tuesday, lauding their "bold and historic" rapprochement as enhancing prospects for peace and prosperity.

Jul 23 2018

Exclusive: General Electric's power unit faces threat in Saudi Arabia

NEW YORK and ABU DHABI One of General Electric Co's largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work, according to five people familiar with the situation. State-controlled Saudi Electricity Co has qualified at least two companies to provide service or parts for some of its more than 50 GE-made F-class turbines, and it is in talks with two others over investments to set up facilities to service the plants over many years, according to sources with direct knowledge of the matter. These approvals for the first time put Saudi Electricity in a position to break GE's hold on that work by having others bid against GE on maintaining the F-Class fleet - among the largest owned by a single entity and among the most lucrative service portfolios in the industry - when the existing contracts come up, according to the sources and industry databases. Saudi Electricity Co (SEC) has not yet offered any substantial F-Class contracts to new bidders, and it is unclear how soon it intends to seek bids, according to sources familiar with the matter. In response to questions from Reuters, GE said: "At present, GE's F-class units in SEC continue to be covered under long-term service agreements." Saudi Electricity initially declined to comment.

Jul 20 2018

Xi's visit to UAE highlights China's rising interest in Middle East

ABU DHABI China and the United Arab Emirates signed a raft of financial, business and trade agreements on Friday during a visit by President Xi Jinping to the UAE, underscoring energy-hungry Beijing's rapidly growing interest in the Middle East.

Jul 19 2018

Exclusive - General Electric's power unit faces threat in Saudi Arabia

NEW YORK and ABU DHABI One of General Electric Co's largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work, according to five people familiar with the situation.

Jul 11 2018

Education company GEMS shelves multibillion dollar London IPO: sources

LONDON/ABU DHABI The initial public offering (IPO) of Blackstone-backed , Middle East-focused education company GEMS has been shelved, three sources familiar with the matter said.

Jul 11 2018

Education company GEMS shelves multibillion dollar London IPO - sources

LONDON/ABU DHABI, July 11 The initial public offering (IPO) of Blackstone-backed, Middle East-focussed education company GEMS has been shelved, three sources familiar with the matter said.

Jun 26 2018

UAE says it wants Yemen peace deal but Houthis must leave Hodeidah

ABU DHABI/ADEN The United Arab Emirates (UAE) said on Tuesday an Arab coalition fighting the Houthis in Yemen was cooperating with a U.N. envoy to end fighting, but the Houthis must quit the port city of Hodeidah as a condition for any peace deal.

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