EGYPTIAN PRESIDENT HOSNI MUBARAK RECEIVED HERE TODAY PRINCE SAUD AL-FAISAL, THE FOREIGN MINISTER. THEY REVIEWED THE LATEST DEVELOPMENTS AT ARAB AND REGIONAL ARENAS NOTABLY THE SITUATION IN THE PALESTINIAN TERRITORIES, IRAQ AND LEBANON. THE MEETING WAS ATTENDED BY EGYPTIAN FOREIGN MINISTER AHMAD ABUL-GHAIT AND SAUDI AMBASSADOR TO EGYPT HISHAM NAZIR.