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King says economy strong enough to withstand crisis
Published in The Saudi Gazette on 17 - 03 - 2009

King Abdullah, Custodian of the Two Holy Mosques, said on Monday that the Saudi economy has the strength and resilience to confront the global economic crisis.
Chairing the weekly cabinet session, King Abdullah said Saudi Arabia's economic strength is best manifested in the continuation of investment and spending programs on different development projects.
King Abdullah also touched on the finance ministers' meeting of the Group of 20 developed and emerging nations in Britain over the weekend before the G20 summit in London on April 2 and said Saudi Arabia will participate in the summit.
‘Arab Quartet' summit
Abdul Aziz Al-Khoja, Minister of Information and Culture, said in a statement following the cabinet meeting that King Abdullah also spoke about the successful “Arab Quartet” summit held in Riyadh last week, which brought together the leaders of Saudi Arabia, Egypt, Syria and Kuwait.
The discussions among the leaders during the summit were frank and transparent, Al-Khoja said.
The leaders exchanged views on all the issues on the agenda, and what emerged was a deep conviction toward renouncing all causes of discord and division in joint Arab efforts and toward resolving problems through dialogue and consultation.
The summit also resulted in a commitment by the leaders to achieving solidarity so as to serve Arab causes and widen the circle of Arab reconciliation.
The leaders unanimously stressed the importance of maintaining the interests of Arab states and people and placing the higher interests of Arabs above all other considerations, Al


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