The final round of Egypt's first free presidential elections went into its second day on Sunday, with voters having to choose between two polarizing candidates, keeping foreign investors apprehensive about the possible outcomes and policy implications.
Mohamed Mursi, the official candidate of the Muslim Brotherhood's political wing, the Freedom and Justice Party, is facing off Ahmed Shafik, a former Commander in the Egyptian Air Force and Hosni Mubarak 's last Prime Minister for the top job.
Shafik tailed Mursi by less than 300,000 votes in the first round last May, and the second round is expected to be a similarly close sprint. The winner will be announced on June 21.
Polling stations in the Arab World 's most populous will remain open until 8 pm local time today. So far, no major breaches have been reported and long queues were rare. Turnout will be watched carefully, as the first round surprised with only 46 percent of 52 million eligible to vote.
"It should be expected that the turnout will be low, given that it seems a sizable portion of the Egyptian population want neither candidate and do not plan to vote," Angus Blair, Founder of the Signet Institute, a Cairo-based think tank, told CNBC.
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