September 10, 1999

			KING FAHD IBN ABDUL AZIZ ISSUES A ROYAL DECREE TO ESTABLISH THE SUPREME ECONOMIC COUNCIL UNDER THE CHAIRMANSHIP OF CROWN PRINCE ABDULLAH. CUSTODIAN OF THE TWO HOLY MOSQUES NAMES PRINCE SULTAN AS VICE-CHAIRMAN OF THE COUNCIL. THE COUNCIL'S ROLE WILL BE TO DEVELOP THE GENERAL STRUCTURE, MAKE MAJOR ECONOMIC DECISIONS AND ADDRESS GLOBAL ECONOMIC CHALLENGES. PRINCE ABDULLAH HOLDS THE FIRST MEETING WITH BUSINESSMEN AFTER ESTABLISHING THE COUNCIL.   KING FAHD RECEIVED CONDOLENCES FROM WORLD LEADERS ON THE DEATH OF PRINCE FAISAL IBN FAHD. PRINCE ABDULLAH AND PRINCE SULTAN JOINED THE FUNERAL PRAYER OF THE LATE PRINCE. ROYAL DECREE APPOINTING PRINCE SULTAN IBN FAHD HEAD OF THE YOUTH WELFARE.   PRINCE ABDULLAH PRESIDED OVER THE COUNCIL OF MINISTERS' WEEKLY SESSION: SAUDI ARABIA HOPES NEW "WYE - 2" AGREEMENT WILL LEAD TO THE ESTABLISHMENT OF THE PALESTINIAN STATE. EDUCATION MADE LEAPS WHICH ARE CLEAR THROUGH THE GROWTH ACHIEVED IN QUANTITY AND QUALITY.   THE SAUDI FORCES HAVE PRIDE IN THE LEVELS WHICH THEY HAVE ACHIEVED. THEY ARE A FENCE PROTECTING OUR HOMELAND AND OUR BROTHERS. WE DEMAND THAT ISRAEL SHOULD DESTROY ITS NUCLEAR CAPACITY AND NOT USE WEAPONS OF MASS DESTRUCTION. HISTORICAL LOGIC CONFIRMS THE NECESSITY OF REINSTATING JERUSALEM AS THE CAPITAL OF PALESTINE. SAUDI CITIZENS INVEST IN LEBANON AND WORK FOR ITS PROSPERITY AND WISH IT WELL WHOLEHEARTEDLY.   THE SPEAKER OF THE SAUDI SHURA COUNCIL SHEIKH MOHAMED IBRAHIM IBN JUBEIR. THE ONLY DIFFERENCE BETWEEN THE SHURA COUNCIL AND OTHER PARLIAMENTARY SYSTEMS IS THE FOUNDATIONS ON WHICH IT IS BASED.   THE FULL TEXT OF THE "WYE -2" AGREEMENT BETWEEN ARAFAT AND BARAK IN SHARM EL SHEIKH. THE AGREEMENT INCLUDES PREPARATIONS FOR PERMANENT STATUS NEGOTIATIONS, REDEPLOYMENTS, RELEASE OF PRISONERS, SAFE PASSAGE, GAZA SEA PORT, HEBRON AND SECURITY. PRESIDENT MUBARAK, KING ABDULLAH AND ALBRIGHT SIGNED THE MEMORANDUM AS WITNESSES.   YEMENI MILITARY POLICE STRENGTHENS THEIR SEARCH CAMPAIGN FOR ARMS UNDER THE POSSESSION OF CIVILIANS IN SANAA AND OTHER MAJOR CITIES. ONE CIVILIAN KILLED AND TWO WOUNDED IN A FOURTH EXPLOSION WITHIN A WEEK. CLASH WITH HEAVY ARTILLERY BETWEEN A MILITARY BASE AND THE INHABITANTS OF THREE VILLAGES IN THE SOUTH.   IN BRIEF