based Al-Nadwa said the decision of the Kingdom to host the International Interaction Council for the former heads of states and governments with the participation of 200 international personalities provides a clear evidence for the Kingdom's pioneering role under the leadership of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz. "The Kingdom has attained its pioneering role through several initiatives it has presented for the preservation of the international stability," says the paper, noting that the Kingdom has pledged to preserve the prices of petroleum. The paper said the Kingdom at the international energy conference, held in Riyadh, had underlined the importance of conducting dialogue between the producers and consumers so as to ensure the stability of the oil market. The Kingdom's initiatives were not only confined to energy domain, but these are also aimed at the stabilization of the world financial system, noted the daily. The paper pointed out that the remarkable economic development in the Kingdom is not isolated from the comprehensive development witnessed by the country and said 'in realization of the importance of the human resources, the Saudi officials have been giving a great attention to the educational sector'. --MORE