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Islamist, ex-PM in Egypt run-off, says Brotherhood
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Fri May 25, 2012 11:21 am



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EGYPT. Egypt looked set on Friday for a run-off presidential vote pitting Muslim Brotherhood candidate Mohammed Mursi against former prime minister Ahmed Shafiq, according to tallies by the Islamist group.

The Brotherhood said its candidate was leading the race, with 90% of the votes counted, ahead of Shafiq, the last prime minister to serve under Hosni Mubarak, who was ousted in Egypt's 2011 uprising.

"There will be a run-off between Mohammed Mursi and Ahmed Shafiq," after 90 percent of the votes were counted nationwide, the Islamist group said on their website.

A spokeswoman from Shafiq's campaign was unable to confirm the claim. Results of the two-day poll are expected from the country's official electoral body from Sunday.

If the initial results hold, the two candidates will go to a second round run-off vote on June 16 and 17.

The experience of waiting for a electoral result that has not been predetermined is a novel one for citizens of the Arab world's most populous nation, where years of presidential votes always produced the same winner.

"Egyptians hold their breath," the liberal al-Wafd newspaper headlined its front page.

The election saw 50 million eligible voters given the chance to choose between 12 candidates in a race that pitted Islamists who pledged to uphold the uprising's ideals against former regime candidates who touted their experience.

US Secretary of State Hillary Clinton congratulated Egypt on its "historic" presidential election, and said Washington was ready to work with a new government in Cairo.

"We will continue to stand with the Egyptian people as they work to seize the promise of last year's uprising and build a democracy that reflects their values and traditions, respects universal human rights, and meets their aspirations for dignity and a better life," Clinton said in a statement.

Electoral commission officials said turnout was around 50% over the two days of voting on Wednesday and Thursday, with some voters queuing for hours to cast their ballot.

In schools and other institutions around the country, representatives from Egypt's electoral commission carefully sorted the ballots, each printed with the name, photograph and electoral symbol of the candidates, into neat piles.

Contenders included former foreign minister and Arab League chief Amr Mussa, who touted his experience but was hammered for his ties to the old regime.

Shafiq was also shunned by some for his time in Mubarak's government, but others praised his law-and-order platform in a country where many crave stability.

The powerful Muslim Brotherhood's candidate, Mursi, faced competition from Abdel Moneim Abul Fotouh, a former member of the Islamist movement who portrayed himself as a consensus choice.

And also in the running was Hamdeen Sabbahi, a Nasserist politician who was initially considered a fringe candidate but gained surprise momentum late in the campaign.

The election seals a tumultuous military-led transition from autocratic rule marked by political upheaval and bloodshed, but which also witnessed democratic parliamentary elections that saw Islamist groups score a crushing victory.

The Supreme Council of the Armed Forces, in power since Mubarak's ouster, has vowed to restore civilian rule by the end of June, after a president is elected, but many fear its withdrawal from politics will be just an illusion.

The army, with its vast and opaque economic power, wants to keep its budget a secret by remaining exempt from parliamentary scrutiny, maintain control of military-related legislation and secure immunity from prosecution.

Mubarak, 84 and ailing, is being held in a military hospital on the outskirts of Cairo where he awaits the verdict of his murder trial on June 2.

The former strongman, ousted in a popular uprising last year, is accused of involvement in the killing of some 850 protesters during the uprising and of corruption.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 24, 2013
INTERNATIONAL. A currency war is different from any other kind of conventional war in that the object is to kill oneself. The nation that succeeds in inflicting the most damage on its own citizens wins the war. The only real way to win is not to play.
date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."



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