Deputy Prime Minister and Commander of the National Guard Crown Prince Abdullah bin Abdulaziz was welcomed in Sharm El-Shaikh, Egypt, yesterday by Egyptian President Muhammad Hosni Mubarak. Crown Prince Abdullah then took part in today's Arab-U.S. Summit attended by Egyptian President Hosni Mubarak, U.S. President George W. Bush, King Abdullah II of Jordan, King Hamad bin Isa al-Khalifa of Bahrain, and Palestinian Prime Minister Mahmoud Abbas. At the end of the conference, President Mubarak delivered a statement in the name of the Arab leaders, affirming the Arabs' desire for peace and support for the Palestinian National Authority, and stressing the importance of maintaining stability in Iraq. President Bush pledged that he would continue to work hard for peace in the region, adding that terrorism threatens the United States as well as the Arab countries, and had to be defeated everywhere. Earlier, President Mubarak had expressed welcome of the speech by President Bush in July 2002 that spoke of a Palestinian state existing side by side with Israel, two countries enjoying security and safety.