Saudi to fund Arab summit seat in Sharm el-Sheikh
AFP, April, 2006
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RIYADH (AFP) — Saudi Arabia will fund the construction of a permanent seat for Arab summits in the Egyptian Red Sea resort of Sharm el-Sheikh, an Arab diplomat said.
Egypt will offer the land for the building, the Riyadh-based diplomat told AFP, requesting anonymity.
The decision comes after Saudi Arabia declined during the annual Arab summit in Khartoum last week to host next year's gathering in Riyadh. It argued that such meetings should take place in Egypt, which hosts the headquarters of the 22-member Arab League.
Saudi Arabia and Egypt, backed by several other Arab countries, have agreed that both regular and consultative Arab summits should be held in the league's host country, according to the diplomat.
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Saudi Foreign Minister Prince Saud al-Faisal told reporters Tuesday that Riyadh favors turning Sharm el-Sheikh into the permanent venue of Arab summits.
The Saudi-Egyptian agreement to ...
