Misr Party has welcomed the resignation of Hazem el-Biblawy's cabinet, said a statement on Monday."The resignation was late," said the statement.The party noted that the outgoing cabinet failed to face a number of important issues facing the country.The party, however, thanked the cabinet for their efforts under the difficult circumstances Egypt was going through.The nascent party voiced readiness to give a hand to the coming government to serve Egypt's best interests.Earlier, Beblawy gave televised remarks while leaving the cabinet headquarters, carrying the letter of resignation to interim President Adly Mansour, who later accepted the resignation.