May 13, 1998

			EDITORIAL: "A PLACE AMONG THE NATIONS OR A PLACE DESPITE THE NATIONS"   THE SAUDI CABINET CALLS UPON SEIZING THE OPPORTUNITY TO IMPLEMENT PEACE, AS THE PRESENT CIRCUMSTANCES MIGHT NOT RE-OCCUR.   UNDER THE AUSPICES OF THE CROWN PRINCE AND WITH THE PARTICIPATION OF THE MINISTER OF DEFENCE: A SAUDI MILITARY PARADE BY THE KING KHALID BRIGADE IN KHAMEES MUSHAYT. THE BASES OF THE KINGDOM OF SAUDI ARABIA'S DEFENCE POLICIES.   NEW ISRAELI MANOEUVRE SHIFTS ONUS OF RESPONSIBILITY ONTO AMERICA AND SHATTERS HOPES OF FINDING A "MINIMUM SOLUTION" IN LONDON AND WASHINGTON. ARAFAT TO ALBRIGHT: "WE ARE NOT ALONE, AND THE ALTERNATIVE TO A JUST SOLUTION IS TOTAL CHAOS".   YEMEN IS IN A RACE AGAINST TIME TO ESCAPE SPIRALLING CRISES. THE RESIGNATION OF THE GOVERNMENT, SECURITY INCIDENTS, THE ECONOMIC SITUATION AND FOREIGN RELATIONS HEAD THE CHALLENGES FACING THE COUNTRY. TWO LONDON CONFERENCES TO SUPPORT CO-OPERATION BETWEEN EUROPE AND THE GULF. THE TWO SIDES WILL WORK TO ACHIEVE A LONG TERM 'STRATEGIC PARTNERSHIP'. PRINCE SAUD AL FAYSAL: "THE STALEMATE IN THE PEACE PROCESS THREATENS THE MIDDLE EAST REGION." THE PRIVATE SECTOR IN SAUDI ARABIA FACES NO OBSTACLES AND THE STATE PLANS TO EXPAND ITS ROLE. IN BRIEF