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Kuwait boycott forces down price of "king of fish"

KUWAIT, Aug 25- A consumer boycott in Kuwait has forced down the retail price of fish in a sign of the difficulties which Gulf governments may face as they try to save money by cutting food subsidies. The price of pomfret is not subsidised, but Kuwait and other Gulf Arab governments subsidise basic foods such as sugar, rice, cooking oil and meat to keep prices low for...
Source: Reuters
MIDEAST DEBT-Gulf bonds partly lose safe-haven status in cheap oil era

*GCC bonds outperformed other emerging markets for years. DUBAI, Aug 25- International bonds from the Gulf's wealthy energy-exporting countries are losing some of their safe-haven status as an era of low oil prices looms. For several years, bonds from the six-nation Gulf Cooperation Council appeared almost immune to global instability, handily...
Source: Reuters | By: Archana Narayanan
MIDEAST STOCKS-Gulf markets drop on oil but Saudi bounces from 8-month low

*Qatar, Kuwait join regional sell-off. DUBAI, Aug 20- Most Middle East stock markets fell on Thursday as oil prices and global emerging market equities extended their slump, but Saudi Arabia bounced off an eight-month low and edged up after dropping for seven sessions in a row. In a Reuters poll at the end of July, Middle East asset managers were most bearish on the...
Source: Reuters | By: Olzhas Auyezov
Cramer: Fed who? Stocks to buy now  

Mad Money host Jim Cramer has heard enough complaining! Instead of worrying about the market downturn, he lists the stocks that should be bought.
Source: CNBC.com
US dollar only currency play in the game?  

Alan Ruskin, Deutsche Bank, dissects the impact China is having on the currency market.
Source: CNBC.com
Egypt unveils Suez Canal extension

Egypt's Abdel-Fattah el-Sissi presided Thursday over the unveiling of a major extension of the Suez Canal.
Source: The Associated Press
UPDATE 2-Egypt's Sisi opens New Suez Canal, says to defeat terrorists

ISMAILIA, Egypt, Aug 6- Egypt received a show of international support on Thursday as it inaugurated a major extension of the Suez Canal which President Abdel Fattah al-Sisi hopes will power an economic turnaround in the Arab world's most populous country. The former armed forces chief, who led a military takeover two years ago but ran for president as a civilian...
Source: Reuters | By: Eric Knecht
Bearish case on Mondelez  

Why you shouldn't own Mondelez, with Charles Trafton, Flowpoint Capital Partners.
Source: CNBC.com
UPDATE 1-Egypt's Sisi launches nationalist New Suez Canal celebration

ISMAILIA, Egypt, Aug 6- Egypt staged a show of international support on Thursday as it inaugurated a major extension of the Suez Canal which President Abdel Fattah al-Sisi hopes will power an economic turnaround in the Arab world's most populous country. The former armed forces chief, who led a military takeover two years ago but ran for president as a civilian...
Source: Reuters | By: Eric Knecht
MIDEAST MONEY-Gulf's days of easy money ending under oil price pressures

*Saudi, UAE, other money market rates start to rise. DUBAI, Aug 5- The days of very easy money are drawing to a close in the rich Gulf Arab oil-exporting economies as money market rates start to rise, partly because of the damage which cheap oil is doing to government finances. Loose liquidity created by inflows of oil money pushed short-term rates in Saudi Arabia, the...
Source: Reuters | By: Archana Narayanan