Cairo, Sha'ban 21, 1437, May 28, 2016, SPA -- Dr. Nizar bin Obaid Madani, Minister of State for Foreign Affairs, announced the Kingdom of Saudi Arabia support for French Peace Initiative to reach a settlement between the Palestinian and Israeli sides. In his speech to the extraordinary meeting of the Arab foreign ministers in Cairo today, Dr. Nizar said that the Kingdom of Saudi Arabia announced its support for this initiative, especially after the support of Palestinian President Mahmoud Abbas for the initiative and his notes regarding the initiative. He added that the initiative seeks to assure the legitimate rights of the Palestinian people. This initiative will enhance significantly the security and stability in the Middle East and the world. --SPA 20:19 LOCAL TIME 17:19 GMT www.spa.gov.sa/w