President Morsi issues new constitutional decree

The new Constitutional Declaration grants the elected president all the powers detailed in Article 56 of the 30 March 2011 Constitutional Declaration.
 
 The declaration also gives Morsi the right to form a new Constituent Assembly tasked with drafting a new Egyptian constitution should any future developments prevent the current assembly from carrying out its responsibilities.

As well as the retirement of Field Marshal Hussein Tantawi and other senior officers and announcing their replacements the president announced the  appointment of  Mahmoud Mekki, the deputy head of the Cassation Court, as his Vice President.Former president Hosni Mubarak never appointed a vice president during his time in office until Omar Suleiman  right at t-(eh end..

Mahmoud Mekki, Egypt’s new vice president, and Abdel-Fattah El-Sisi, the new minister of defence, were both sworn into office before President Morsi shortly after 5pm on Sunday afternoon. Thus with dramatic swiftness and efficiency Mohamed Morsi has established his powers as President of Egypt.

 The official news agency MENA reported that Qatar had granted Egypy a US $ 2 billion  loan on Saturday during the first visit of Qatari Emir Sheik Hamad bin Khalifa Al Thani to Egypt . The agency says Al Thani met with Morsi,  whose Muslim Brotherhood group is widely seen as holding strong ties with Qatar.