President Mubarak finally steps down

Update: 2010-09-15 00:00 GMT

CAIRO, Feb 11 � Hosni Mubarak, who ruled Egypt with an iron hand for over three decades, stepped down as President today and handed over power to the army capitulating under mass protests sweeping the country�s streets for the last 18 days, reports PTI.

President Hosni Mubarak resigned and handed over power to the military, announced the recently appointed vice-president Omar Sulaiman on state television.

Tahrir Square, the epicentre of the anti-government protests, erupted in joy with tens of thousands of people shouting �Egypt is Free�.

The end of a despotic regime in most populous Arab nation came one week after the protesters set a deadline of �Departure Friday� for 82-year-old Mubarak to step down as President.

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