Egypt's Field Marshal Abdel Fattah al-Sisi said in a televised statement that he has resigned from the army and intends to run for the country's presidency.
In a speech made on state television on Wednesday evening, Sisi told the nation: "Today is the last day I stand in front of you in my military uniform" before he resigned from his post.
He then told the crowd: "With all humility I announce my intention to run for president".
"If I am privileged enough to become president, we will achieve stability, security and hope in Egypt," Sisi said, according to viewers on Twitter.
The presidential elections are due to take place in July, with campaigns beginning on March 30. There has been intense speculation since Sisi ousted former President Mohamed Morsi in July 2013 over whether the military strongman would be running to control Egypt.
Egypt's former Foreign Minister Amr Moussa said earlier this week - before Sisi announced his bid - that the potential president's concerns when in office would be with security, prosperity and modernity.
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