Washington, (Agencies): US President Barack Obama on Saturday asked for an irreversible and credible process of transition of power in this country which has witnessed massive pro-democracy protests for more than two weeks now.

"There are very few moments in our lives where we have the privilege of witnessing history taking place. This is one of those moments. This is one of those times," Obama said, adding that "The people of Egypt have spoken, their voices have been heard, and Egypt will never be the same."

"By stepping down, President Mubarak responded to the Egyptian people's hunger for change. But this is not the end of Egypt's transition. It's a beginning.

Earlier he dropped by a previously schedule Principals Committee meeting convened by National Security Advisor Tom Donilon to discuss current developments in Egypt.

Mubarak 'listened to the voices' of people: EU
Brussels, (Agencies): Europe on Saturday welcomed Egyptian president Hosni Mubarak's decision to stand down, saying he had "listened to the voices of the Egyptian people" and have also opened the way to reform.

European Union foreign affairs Chief Catherine Ashton said that by departing Mubarak had "opened the way to faster and deeper reforms".

The EU stands ready to help in any way it can."

‘New Middle East will be free of US’

Tehran, (Agencies): Iranian President Mahmoud Ahmadinejad on Saturday said that a new Middle East is being created which will be free of the United States and Israel, as he backed uprisings rocking the Arab world and warned Egyptians to beware of America.

"We will soon see a new Middle East materializing without America and the Zionist regime and there will be no room for world arrogance (the West) in it," Ahmadinejad told the cheering crowds.

Iran, which has no diplomatic ties with Egypt, has backed mass protests there, now in their 18th straight day, with supreme leader Ayatollah Ali Khamenei urging the people to establish an Islamic regime in the Arab world's most populous nation.