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Sat 07 Jul 2009Egypt's President Mubarak planning to retire and transfer power to son
ARAB MEDIA are reporting that Egypt’s president for the past 28 years, Hosni Mubarak, is planning to step down following an early dissolution of parliament. He is also seeking, reports suggest, to bring forward to 2009 or 2010 the presidential election due in 2011.
The Saudi press has prompted the spate of reports by revealing that during a recent visit to Riyadh, Saudi King Abdullah was told by Mr Mubarak of his intention to retire before the end of his fifth six-year term. He is believed to have taken this decision because of faltering health and depression caused by the death of his beloved 12-year-old grandson.
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