Disqualified Egyptian presidential hopeful Khairat el-Shater, the former second-in-command of the Muslim Brotherhood, said the exclusion of candidates from the May election was a crime against the country.
Egypt’s parliament voted in favor of a measure that would curtail the political rights of officials who served under former President Hosni Mubarak, the official Middle East News Agency reported today.
Egypt’s first presidential race since Hosni Mubarak’s ouster had a rocky start as Islamists and one of the former regime’s most powerful figures readied for an electoral battle and questions were raised over candidates’ legitimacy.
Egypt’s dollar bond yields surged the most in more than three months and the nation’s default risk rose after a court halted the work of a panel drafting a new constitution and on bets foreign aid may be delayed.
Former Arab League Secretary-General Amre Moussa is leading in Egypt’s presidential race, with the Muslim Brotherhood’s main nominee trailing in eighth place, according to a poll published by the state-run Al Ahram newspaper.