KUWAITI EMIR SHEIKH SABAH AL-AHMAD AL-JABER AL-SABAH HAS REITERATED THE READINESS OF KUWAIT TO HOST THE ARAB ECONOMIC SUMMIT. IN A PRESS STATEMENTS TODAY, THE KUWAITI EMIR SAID HE HAD PRESENTED A PROPOSAL IN THIS RESPECT AND THE PROPOSAL WAS APPROVED BY THE ARAB SUMMIT. HE NOTED THAT THE ECONOMIC SUMMIT AIMS AT EASING BURDENS ON THE ARAB CITIZENS AND SERVING THEIR ECONOMIC INTERESTS. HE HIGHLIGHTED THE REMARKABLE ROLE PLAYED BY THE CUSTODIAN OF THE TWO HOLY MOSQUES KING ABDULLAH BIN ABDULAZIZ TO ENSURE THE SUCCESS OF RIYADH SUMMIT, WHICH HE DESCRIBED AS THE THE MOST SUCCESSFUL ONE HE HAD EVER SEEN. --MORE