Egyptian state media report that opposition leader Muhammad ElBaradei will head Egypt's new government.
State television said that interim President Adli Mansur instructed ElBaradei to form the new government and planned to swear him in as interim prime minister later on July 6.
ElBaradei, a former head of the International Atomic Energy Agency (IAEA) and a Nobel Peace Prize winner, is to head a provisional government of technocrats.
State media further report that ElBaradei agreed to accept the job on condition that he would have full power as prime minister.
ElBaradei's candidature was proposed at a meeting with Mansur by the leaders of the Tamarrod (Rebellion) movement that organized the mass protests in the country that led to the ousting of President Muhammad Morsi on July 3.
ElBaradei is also close to the liberal pro-democracy movement that spearheaded the overthrow of Hosni Mubarak's 30-year rule in February 2011.
Tensions between opponents and supporters of ousted president Morsi remain high throughout the country.
On July 6, security forces boosted positions near a protest camp of Morsi supporters in Cairo.
The heightened security measures focus on the capital's eastern suburb of Nasr City -- near the main rallying point for Morsi's Muslim Brotherhood -- where lines of vigilante-style fighters were reportedly armed with homemade weapons and set up roadblocks affixed with Morsi's picture.
Around 30 people were reported killed and scores of others injured on July 5 as violence has surged in Egypt in the wake of Morsi’s ouster.
Morsi's supporters have vowed to take to the streets until the toppled Islamist leader is reinstated as president.
His opponents have called for more mass rallies to defend what they call the "gains of June 30," the start of mass protests that led to Morsi being removed from power.
The chief judge of the Supreme Constitutional Court, Mansour, was installed by the military as interim president on July 4, less than 24 hours after Morsi's removal.
Based on reporting by AFP, AP, and Reuters