Riyadh, April 30, 2019, SPA -- Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas. Okaz newspaper in its editorial said that the Kingdom of Saudi Arabia is preparing to host the G20 summit next year, a global event representing two-thirds of the global trade, and accounting for more than 90% of the world oil crude output. The paper noted that the Kingdom of Saudi Arabia retains a large asset at the Group of 20 countries in view of its significant weight in terms of its strong financial and economic position. Al-Youm newspaper in its editorial commented on sanctions being imposed on the Iranian regime, saying that it is time to raise the pace of sanctions against the regime as a way to prevent its overt maneuvers by extorting the European Union countries, signaling to close the Strait of Hormuz and escalating its support for all terrorist organizations in the countries of the region and the world. --SPA 11:04 LOCAL TIME 08:04 GMT 0001 www.spa.gov.sa/w1093870