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Egypt: Is Mubarak dead? There is a rumor that Mubarak is dead. It is not confirmed yet, but there are multiple Egyptian sources that indicate the president since 1981 has died. At this stage, all the levers for lifting his son to power are not in place, and Jamal 's rise to power is not assured. As a prominent Egyptian thinker told me in fall, if the transfer of power is not completed by the the president dies, then it is wide open game." (thanks Dick)