Saudi Arabia will chair the Extraordinary session of the Arab Economic and Social Council at the level of finance and economy ministers which will be held here on Thursday at the Arab League headquarters in Cairo . The Council will undertake a comprehensive review of the preparations for holding the Arab summit on economic and social development to be held in Kuwait on January 19 and 20 next year. Ambassador Mohammed Bin Ibrahim Tuweijiri Arab League's Assistant Secretary-General for Economic Affairs said that the meeting is to prepare a draft agenda for the summit as well as the meeting of the Preparatory Committee at the level of senior officials in addition to a meeting at the Ministers level.