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The MQM’s consultations lasted for nearly two days before arriving at the decision.
The Presidential elections are due to be held on July 30.
PPP woos PTI
Earlier in the day, Pakistan Peoples Party members met with Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan to discuss the possibility of fielding a joint candidate for election of the president due to be held on July 30.
The meeting was held here at Imran Khan's residence and covered a host of issues including uniting opposition and also pondering on the option of boycotting the election in protest to provision of very short time to the candidates for campaigning.
Talking to media, PPP leader Barrister Aitzaz Ahsan said that during the brief meeting, both the parties had detailed discussion upon the issues related to the presidential election.
He said the nation would get good news over the presidential election on Friday after a follow-up meeting between the PPP and PTI.
PPP has nominated Raza Rabbani as its candidate, while the PTI has put forward Justice (retired) Wajihuddin as their candidate for the president's seat.
JUI-F undecided
In what could be a swing vote, the Jamiat Ulema Islam-Fazal chief Maulana Fazlur Rehman told Prime Minister Nawaz Sharif that his party is yet to decide whom to back in the upcoming Presidential elections.
According to Radio Pakistan, Rehman met with Nawaz on Thursday and said that he will announce his party's decision on Friday.
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