based al-Watan has underscored the importance of the summit and said it is the first Arab economic summit, and moreover it coincides with the current developments in Gaza. The paper pointed out that the Egyptian initiative will be the base for a new joint movement. Riyadh-based al-Jazeera said war and development can never be combined in one basket because they contradict each other and moreover peace and aggression and expansionist polices contradict each other. The paper noted that the Arabs were looking since a long time for the economic summit which can lead to an economic development in the Arab world adding that the wars launched by Israel against the Arabs were the major cause for the failure of the Arabs to attain economic development. --more