Egypt's Official Middle East News Agency (MENA) disclosed here today that the winner of the presidential runoff held this weekend will be officially announced on Thursday. In a Monday report, it quoted Maj. Gen. Mohammed Al-Assar, a member of the Council as saying the handing over of power to the newly elected President will take place in a "grand ceremony," at the end of this month. He gave no exact date, according to a report of the Associated Press. The Presidential runoff was between Mohammed Morsi, who heads Freedom and Justice Party and Ahmed Shafiq, the former Egyptian prime minister.