Egyptian diplomat and legal scholar Mohamed Al Baradei said late Saturday evening he is prepared to head a "national salvation" government to steer the country out of its political crisis.
A former director general of the International Atomic Energy Agency (IAEA) who played a prominent anti-government role during the February revolution that resulted in the ouster of former president Hosni Mubarak, Baradei is close to several opposition groups, including the Islamist Muslim Brotherhood.
Baradei's office released the statement ahead of plans by Egypt's protest movement to stage yet another massive protest in Cairo's Tahrir Square to press demands for the country's interim junta to cede power to civilian authorities.
The Sunday rally, dubbed "Legitimacy of the Revolution," comes following nine days of continued protest in Tahrir that have resulted in over 40 deaths and several thousand injuries in clashes between demonstrators and security forces.
The planned rally the day before Egypt is scheduled to begin its staged parliamentary elections, which will be held over a three-month period.
It is unknown, despite Baradei's popularity in Egypt, whether his move to take the helm of a new government will bring calm to the banks of the Nile.
While Baradei does enjoy good ties with the powerful Muslim Brotherhood – seen as a major actor behind the renewed protests – it has yet to endorse him for national leadership as he is not formally a member of the group.