Egypt State TV: Mubarak to Address Nation Tonight

World | February 10, 2011, Thursday // 19:17|  views

With latest media reports saying that President Mubarak will step down within hours, protestors gather on Tahrir Square as the anti-government protests continues in Cairo, Egypt, 10 February 2011. Photo by EPA/BGNES

Egypt's state television channel has reported that President Hosni Mubarak will address the nation on Thursday from the presidential headquarters in Cairo amid reports he'll step down.

There have been conflicting reports about whether Mubarak intends to hands over power on the 17th day of protests against his 30-year rule.

There is a strong likelihood that embattled Egyptian President Hosni Mubarak will step down Thursday night, CIA Director Leon Panetta told the US Congress.

Mubarak has agreed to yield power to his vice president, a senior US official told CNN, citing contacts within the Egyptian government.

This official, speaking on condition of anonymity because of the sensitivity of the information, said that given the mixed signals sent throughout the crisis that "we need to see it happen."

But the source said the information came from reliable and ranking officials in the Mubarak regime. Asked when the transfer of power might take place, the official said: "We are told soon is the plan."

The secretary-general of Egypt's ruling party confirmed Thursday that a transition was underway and he expected Mubarak to address the nation soon.

Meanwhile a senior member of Egypt's governing party has told the BBC he "hopes" that President Hosni Mubarak will transfer power to Vice-President Omar Suleiman.

Hossan Badrawi, secretary general of the National Democratic Party (NDP), said Mubarak would "most probably" address the nation on Thursday evening.

But Egyptian Information Minister Anas el-Fekky told Reuters news agency: "The president is still in power and he is not stepping down. The president is not stepping down and everything you heard in the media is a rumour."

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