From Guardian
blog:
2.20pm GMT: A local government official has confirmed that Mubarak is in the red sea resort of Sharm el-Sheikh, the Associated Press reports
The New York Times is portraying this as a significant moment in the protests. It says diplomats are trying to confirm that Mubarak's speech last night "signalled his irrevocable handover of presidential authority":
As protesters were swarming into the streets Friday morning for what was expected to be the biggest and most volatile demonstrations in the three-week revolt here, the supreme council of the Egyptian armed forces issued a statement over state television and radio indicating that the military, not Mr Mubarak, was in effective control of the country. It was unclear whether the military would take meaningful steps toward democracy or begin a military dictatorship.
Western diplomats said that officials of the Egyptian government were scrambling to assure that a muddled speech Mr Mubarak made on Thursday night that enraged protesters had in fact signalled his irrevocable handover of presidential authority.
"The government of Egypt says absolutely, it is done, it is over," a Western diplomat said. "But that is not what anybody heard" in Mr Mubarak's speech.
The army announcement and diplomatic scrambling appeared intended to forestall the potential for violent confrontations as hundreds of thousands of protesters, angered by Mr Mubarak's refusal to step down on Thursday, flooded the streets demanding his full resignation — if not also his public trial for violence against them.