Saudi newspapers commented editorially today on a number of local, Arab and international topics, shedding light on the importance of the First International Media Conference inaugurated here yesterday. Following are major headlines in this morning newspapers: - Saudi media is characterized by credibility, rationality and farsightedness, says King Abdullah bin Abdulaziz. - King receives telephone call from Abbas. - King receives ambassadors-designate. - Prince Naif says it is not an honor for the Kingdom when some of its sons are used as tools for misguidance. - Culture and Information Minister warns against media-hype. - Saudi Arabia is the biggest supporter of peace and stability, says Brazilian President Luiz Inacio Lula da Silva. - Saudi Arabia joins IMF's General System. - Four Kuwaiti women elected to Parliament. - Four persons killed in Baghdad blast. - Hamas and Fatah agree on forming a joint force in Gaza. - Genuine danger comes from Israeli nuclear program and not from Iranian program, says Arab League Chief. - Egypt postpones Palestinian dialogue to July 7. - Abul Ghait to visit Moscow. - Peaceful demonstration in Radfan, Yemen. - No peace without the establishment of an independent Palestinian state, says Turkish President. - Pakistan accuses intelligence agencies of neighboring countries for extending support to Taliban. - Postponement of Iranian-Pakistani summit. - Escalation of tension between Chad and Sudan. - Severe fighting between rebels and governmental forces in Somalia. - Tamil rebels end armed struggle in Sri Lanka. --MORE