Mohamed Morsi, the Muslim Brotherhood’s candidate, is the first democratically elected president of the Arab Republic of Egypt. This result is an important step forward in the current political process, but there are still many problems to be addressed. What powers does the new president really have? And the military? When will a new constitution be approved? And which new institutional equilibriums, which rights and duties will it guarantee? Resetdoc asked former Italian Ambassador to Egypt Francesco Aloisi de Larderel to comment this crucial moment for Egypt.