The presidential office has announced that it will hold a press conference at El-Qobba presidential palace at 9pm on Monday evening, to discuss current political developments.
On Monday, at least four ministers in Egypt's cabinet submitted their resignations in protest at President Mohamed Morsi's failure to respond to nationwide demonstrations against his rule.
In addition, Egypt's armed forces have issued a statement giving all political forces 48 hours as a last chance to solve the ongoing problems.
Should the political forces fail to end ongoing disputes, the armed forces will announce a "new roadmap for the future," and will enforce certain measures with the help of all factions including the youth, without excluding anyone, according to the statement.
Egypt's military has been under the spotlight given the recent political developments in the country.
In a speech on 23 June, Minister of Defence Abdel-Fattah El-Sisi called on Egyptian political powers to look to reconciliation and understanding in order to protect Egypt.
This came in response to opposition protests over the past week, particularly on Sunday, calling on Morsi to step down and hold early presidential elections.
Millions of Egyptians took to the streets nationwide on Sunday. Protesters were mainly concentrated in Tahrir Square and Ittihadiya presidential palace in Cairo and in squares in different cities nationwide.
The Muslim Brotherhood headquarters were stormed and ransacked earlier on Monday following overnight clashes between protesters and people inside the headquarters.
Sixteen people have been killed and 781 wounded in violence across Egypt since Sunday, according to the health ministry.
Nine of the deaths took place in Cairo and seven in the governorates of Alexandria, Beni Suef, Kafr El-Sheikh, Fayoum and Assiut.
Eight of the nine Cairo deaths happened as violence flared outside the Muslim Brotherhood headquarters in the suburb of Moqattam, when those inside fired at youth hurling petrol bombs and stones at the building.