President Mohamed Morsi and king Abdullah Bin Abdul Aziz, the custodian of the two holy mosques inaugurate today 21/1/2013 the third session of the Arab Economic Summit which will be attended by kings, heads of state and representatives from 22 Arab countries.

President Morsi arrived this afternoon to King Khaled International Airport in Riyadh, where he was received with an official reception.

Upon his arrival to Riyadh, Morsi began his program in the Riyadh with meeting the joint Egyptian-Saudi Business Council.

In his speech before the Economic Summit, President Morsi will address Arab economic conditions, and the importance of increasing inter-investments. Then, the president will hand over the Chairmanship of the summit to the custodian of the Two Holy Mosques.

President Morsi will have tete -a -tete meetings with a number of the Arab leaders such as king Abdullah II of Jordan, Sheikh Sabah Al Ahmed Al Jaber, the Emir of Kuwait, Sheikh Hamad Bin Khalifa Al Than, the Emir of Qatar and President Omar Al Bashir of the Sudan.

Moreover, President Morsi will meet the members of the Egyptian community at the residence of the Egyptian Ambassador to Saudi Arabia Afify Abdel Wahab.