Author Archives: Editor

View from the Trading Desk

Our head trader gives his insight on this week’s major currency movement. GBP/USD is back well over 1.50 and has jumped over 1.52 a couple of times this week as U.S. data released has been fairly sluggish. The big factor … Read more

Morsy supporters flock to Cairo for mass protest

Supporters of deposed President Mohamed Morsy are flocking to Rabaa al-Adaweya and al-Nahda squares from different governorates on Friday morning. Islamists have called for a million-man protest in Cairo on Friday under the name “Friday of march” to demand Morsy’s … read more

Three Palestinian gunmen arrested in Sinai

MENA Security arrested early Friday three Palestinian gunmen as they were attempting to attack pivotal establishments in Sinai.   A security source said other Palestinians are being pursued in order to restore law and order in Sinai. read more

Suspected militants kill Christian

Security officials say suspected militants have killed a Christian merchant in the northern Sinai Peninsula.   They said 60-year-old Magdy Habashi was abducted last Saturday from the town of Sheikh Zweid. His decapitated body was found early Thursday in a … read more