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Economy / Egypt

Election Update: Brotherhood Wins, But SCAF Retains Power

January 2012 | Political Risk Analysis

In line with our core view, the Muslim Brotherhood's Freedom and Justice Party (FJP) has emerged as the most powerful political force in Egypt following elections to the lower house of parliament. Preliminary results released by the High Elections Committee in late January have shown the FJP's coalition securing approximately 235 out of the 508 seats up for grabs (10 of these seats were filled by direct appointments by the ruling Supreme Council for the Armed Forces (SCAF)), or approximately 46% of the total.

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