Defence Minister Abdel-Fattah El-Sisi is meeting the general commanders of the Egyptian Armed Forces at the general secretariat of the Defence Ministry to discuss recent domestic developments.
According to military sources, they will discuss the unfolding events across the country and the fast approaching 48-hour army deadline to Morsi and the opposition to reach an agreement.
On Monday, the Egyptian Armed Forces issued a televised statement giving Egyptian political forces 48 hours to "fulfill the people's demands," otherwise it would present a political "roadmap" for the country that would include all political currents.
Late Tuesday night, President Mohamed Morsi gave a speech where he called on the army to withdraw its "warning."
In the speech, Morsi asserted his legitimacy and proposed an initiative that included forming a new government, hastening the passage of parliamentary elections laws so as to hold elections within six months, forming a committee to review proposed constitutional amendments, resolving disagreements over Egypt's prosecutor-general, and promoting the inclusion of youth in government.
The army's deadline ends on Wednesday at 4.30pm (2.30 GMT).