Fort Bragg trained Suleiman says Mubarak has stepped down and left the country in the hands of the Egyptian Army

02/11/11

CAIRO (AFP) — Egyptian President Hosni Mubarak has stepped down and handed over power to the army, his deputy Omar Suleiman announced Friday in a televised address.

Mubarak “has decided to leave the post of president of the republic and has tasked the Supreme Council of the Armed Forces to manage the state’s affairs,” Suleiman said.

Cairo erupted with joyful dancing, singing and cries of “Allahu Akbar” [God is Greatest] as Mubarak’s 30-year rule comes to an end following more than two weeks of mass protests.

Hamas hailed the “start of the victory of the Egyptian revolution.”

The EU said Mubarak “listened to the voices” of Egypt’s people.

US President Barack Obama was to make a televised statement.

Wall Street stocks jumped on Mubarak’s resignation. US stocks surged, with the Dow moving from an early slight loss to add 0.30 percent, while the Nasdaq also rose 0.30 percent.

Mubarak survived 10 attempts on his life, and at 82 his health was a subject of speculation. But in the end, it was his people who brought down Egypt’s modern-day pharaoh. Pulling off a second surprise in as many days, he stepped down and handed over power to the army from whose ranks he emerged.

He left Cairo with his family, a source close to the government said, but his destination was not clear.

“Mubarak has left Cairo with all his family,” the source said, but refused to say whether the president had left the country or was headed to his residence in the Red Sea resort of Sharm El-Sheikh.

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