An Egyptian electoral official holds a ballot paper showing the choice between former PM Ahmed Shafiq (top) and the Muslim Brotherhood's Mohammed Morsi. Mohammed Abed/AFP/Getty Images. 3.22pm: The turnout level is seen as crucial to the election. If it significantly lower than the 46% level recorded for in the first round of the presidentially elections, the authorities will struggle to convince Egyptians of the vote's legitimacy. Farouk Sultan, head of the presidential election committee, is reported claiming that the turnout is 40%. But this is not confirmed and early turnout figures can be unreliable. Turnout in the parliamentary election was initially reported to be 62% but then revised down to 52%. Turnout in 2005 the last presidential election under Mubarak was just 22.9%. 2.36pm: Egypt's military rulers are to announce new powers for the new president with the next two days, according to Ahram Online, citing an official. The Supreme Council of the Armed Forces [Scaf] is due to hand over power to the new president on 1 July, but it will retain legislative powers until a new parliament is elected. According to the source, the annex will give the new president the power to appoint the prime minister, ministers and their deputies, state representatives at home and abroad, civil servants, military attaches and diplomats. The new president will also have the authority to call parliamentary elections and joint sessions of the People's Assembly and Shura Council. The president will also be able to grant pardons. According to the source, the SCAF will not be handing over all its powers to the elected president and will retain the legislative role until a new parliament is elected. It will also preserve the right to approve the general budget. 2.05pm: (all times BST) Welcome to a special edition of Middle East Live on the final stages of Egypt's presidential election. The two-day poll is a runoff between former prime minister and air-force commander, Ahmed Shafiq, and the Muslim Brotherhood's second choice candidate, Mohamed Morsi. Could the result deal a final blow to the revolution that toppled Hosni Mubarak? Turnout is reported to be low in an election overshadowed by two court rulings seen as part of a coup by the military establishment to thwart any challenge to their authority. On Thursday Mubarak-era appointed judges cleared Shafiq to run despite a rule banning members of the former regime from standing. They also dissolved Egypt's Islamist-dominated parliament. The polls are due to close in a few hours. Although the official result will not be declared until Wednesday, we may get an early indications tonight on who has come out on top. More definitive exit polls will be published tomorrow, unless the count is very tight. Here's roundup of the latest developments. Turnout was reported to be as low as 15% after the first day of voting, according to al-Jazeera's Evan Hill. Heba Morayef from Human Rights Watch reports a very low turnout at one station. Egyptian blogger Zeinobia, quotes a figure of 40% turnout, and comments. Again frustration and terrible hot weather make many people believe it is not worth it unfortunately. I passed by a polling station today in the way to my work to find it empty. It is downtown Cairo. It is weak turnout all over the polling stations. The choice between Shafiq and Morsi, is hardly a choice at all for many disillusioned voters, writes Abdel-Rahman Hussein in Cairo. Egyptian voters who see one candidate as a representative of the ancient regime and the other as dangerously Islamist are having to hold their nose or in one case shed blood. Voting for expat Egyptians has already closed: one voter made a tiny cut on his wrist, using his blood to write "Glory to the martyrs" as a third option on the ballot paper ... "Egypt writes the closing chapter of the Arab Spring," read a headline on Sunday in independent newspaper al-Watan, according to Reuters. Al-Watan said the the election offers a "choice between a military man who aborted the revolution and a Muslim Brother who wasted it." A cartoon in al-Shurouq (via CNN's Ben Wedeman) sums up the choice. Robert Becker, one of the foreign NGO workers arrested last year and the only one who refused to leave, warns of increased violence in Egypt if Shafiq wins. Talking on Bloggingheads TV he said: I fear there is trouble ahead ... If the Islamists [who until now have played by the rules set by the military] wake up on Monday and have nothing - no parliament and no presidency - then I think they will take the fight to the streets. My fear is that if Shafiq wins the civil disobedience could get very violent. It could be more violent than it was 16 months ago. If Morsi wins at least there is sense of a stick in the mud and some semblance of an opposition holding at least a nominal position of power. Becker, an observer at the Parliamentary elections said counting in the presidential vote will be hard to rig because of the presence of party workers at the count. It is very hard to cheat on counting and math when both sides have observers at the table ... This is a different era, it would be much harder to steal this thing by shutting the Muslim Brotherhood out of the polls. Becker, who worked for the US-based National Democratic Institute, is currently being tried on charges of illegally managing an NGO and receiving foreign funds, and faces six years in jail if he is convicted. He said Thursday's supreme constitutional court decision to dissolve parliament disenfranchises the votes of 30 million people, and appears to be part of concerted campaign to derail democracy. In his last TV interview before the polls opened, Shafiq claimed credit for ousting his former boss Hosni Mubarak, the New York Times reports. I'm the one who proposed the idea of stepping down, and I proposed it insistently," he said. He had proposed it in a meeting with the top military leader, Field Marshal Mohamed Hussein Tantawi and former vice president Omar Suleiman to plot a response to the uprising, he said, and it took "perseverance" to persuade Field Marshal Tantawi to carry it out. Several journalists have reported that the security forces have interfered with their work after state TV broadcast another advert warning Egyptians not to talk to foreigners, Robert Mackay reports for the New York Times Lede blog. He says the ad is the third in a week equating internet activism with treason.