Iceland elects businesswoman Halla Tomasdottir as President

Halla Tomasdottir received 34.3 per cent of the vote while Iceland's former Prime Minister Katrina Jakobsdottir won 25.2 per cent, RUV reported. Director General Halla Hrund Logadottir followed with 15.1 per cent while comedian Jon Gnarr fifth and Professor Baldur Thorhallsson stood at fourth and fifth place respectively, according to Iceland Review report.

"I want to congratulate her and I know she'll be a good president," Katrin Jakobsdottir said when Halla Tomasdottir's victory was becoming clear.

At her campaign celebration in the morning, Tomasdottir said, "I think people want to discuss our society and take part in it," Iceland Review reported. She said, "I feel the energy of the people who have joined me on this journey."