MIDEAST STOCKS-Saudi index flat, Egypt dips | Reuters:
"Saudi Arabia's stock market was flat in early trade on Tuesday as retreating shares in food company Savola offset gains elsewhere, while the Egyptian bourse fell after negative comments from one of the country's wealthiest businessman.
The main Saudi index was unchanged as Savola's gave up the previous day's gains. Its shares were down by 1 percent, having jumped by 4 percent on Monday after Bloomberg reported that it has joined with Singapore's Temasek Holdings to bid for Kuwait Food Co (Americana).
The petrochemicals index inched 0.1 percent higher as the price of Brent crude, which affects the sector's margins, climbed 1 percent to $48.10 a barrel."
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