Amanpour in Egypt: What Morsi Means for Women, Israel and the U.S.

For the first time in Egypt's existence, Mohammed Morsi has become not only the countries first freely elected President, but also the first Islamic head of state in an Arab Country.

It's a joyous moment as Egyptians take to the streets to celebrate, but the work to restore democracy is far from over as a tug-of-war for power has just begun between the newly elected President and Egypt's ruling military.

Even though Morsi is President, The Egyptian military still holds all meaningful power including wanting a say in how Egypt's next constitution is written.

But as the situation remains fluid, issues like the treatment of women will serve as a barometer for success. Morsi has promised equal rights for all women, even announcing that he will be selecting a woman as his Vice President.