As Mohamed Morsy capped the week by issuing a decree giving him unchecked powers . The Muslim Brotherhood has been in power since Egypt's revolution of 2011 and is seen as an ally to President Hosni Mubarak. More than $ 5 billion of market capitalization was wiped out during the Sunday session .
As Mohamed Morsy capped the week by issuing a decree giving him unchecked powers . Investors reacted and the largest sell-off since January 2011 , when the protests to oust Hosni Mubarak , began . More than $ 5 billion of market capitalization was wiped out during the Sunday session .