The Israeli Prime Minister Ariel Sharon is likely to view any British initiative with suspicion.
Israeli radio reported that Prime Minister Ariel Sharon's security Cabinet will meet at 8 a.m.
But Raanan Gissin, an adviser to Prime Minister Ariel Sharon, was not impressed by Arafat's statement.
Israeli Prime Minister Ariel Sharon and Palestinian leader Mahmoud Abbas met there in February and agreed to a cease-fire.
As Prime Minister Ariel Sharon oversaw Israel's disengagement from the Gaza Strip, he lost support of many Likud members.
Those positions were codified in Bush's 2004 letter to then-prime minister Ariel Sharon.
CENTERFORSECURITYPOLICY: Squandering Israel's Limited Influence
Earlier Thursday, Ra'anan Gissin, an adviser to Israeli Prime Minister Ariel Sharon, said Israel will have to respond to the bombing.
As then-prime minister Ariel Sharon warned in 2001, the situation would be analogous to the plight of Czechoslovakia in the 1930s.
To be sure, President Bush deserves credit for exercising restraint during Prime Minister Ariel Sharon's visit to the White House on Sunday.
"I am parting from you, Gandhi, with great pain, an adversary and a friend, " Israeli Prime Minister Ariel Sharon said, using Zeevi's nickname.
The move came after Robertson's comments last week about the massive stroke suffered by Israeli Prime Minister Ariel Sharon, who remains gravely ill.
Despite Prime Minister Ariel Sharon's fearsome reputation, the internationally denounced actions he has taken have been remarkably measured in the face of severe provocations.
After meeting with Arab leaders, Bush will then travel to Jordan Wednesday, where he will meet separately with Abbas and Israeli Prime Minister Ariel Sharon.
The incident comes as Israeli Prime Minister Ariel Sharon visits Washington for talks with U.S. Secretary of State Colin Powell and U.S. President George W. Bush.
While the international media and the leftist Israeli media greeted the Saudi plan enthusiastically, then prime minister Ariel Sharon did everything he could to discredit the initiative.
On Thursday, Israel's Prime Minister Ariel Sharon said attacks against his country had lessened but stressed that any resumption of peace talks was still a long way off.
Just before the latest attack, Israeli Prime Minister Ariel Sharon called U.S. Secretary of State Colin Powell and had told him that not all the attacks had stopped.
The Saudis are to deliver Palestinian Authority Chairman Yasser Arafat to the negotiating table, and Bush is to deliver Prime Minister Ariel Sharon, starting at their meeting on Monday.
In the coming days Israeli Prime Minister Ariel Sharon is expected to meet with President George Bush to finalize arrangements for a unilateral Israeli pull out from the Gaza Strip.
As Israeli Prime Minister Ariel Sharon lies sedated after a severe stroke, acting Prime Minister Ehud Olmert has been leading the nation's decisions about how to handle the Palestinian elections.
To defend Olmert as a competent leader, Berkowitz turned to political consultant Eyal Arad who served as former prime minister Ariel Sharon's and Olmert's public relations guru and strategic counselor.
CENTERFORSECURITYPOLICY: Grimmacing to victory, grinning to defeat
But the move was delayed when Prime Minister Ariel Sharon -- who left Likud to form the centrist Kadima Party ahead of the elections -- suffered a massive stroke last week.
White House officials said the president talked on Thursday with Israeli Prime Minister Ariel Sharon, with both leaders agreeing on the need to avoid escalation and implement the Mitchell committee report.
He was there in Ramallah when Palestinian Leader Yasser Arafat fell ill and later died, and he was there in Jerusalem when Israeli Prime Minister Ariel Sharon was left incapacitated after suffering a stroke.
Back in 2005 then-Israeli Prime Minister Ariel Sharon warned President George W. Bush against toppling Assad, arguing that the devil we know (Assad) is better than what would come (the Muslim Brotherhood).
The office of Israeli Prime Minister Ariel Sharon said the meeting, arranged in response to a cease-fire called by Arafat on Tuesday, would not now take place within 24 hours as had been expected.
When one compares Olmert's management of the current crisis with former prime minister Ariel Sharon's management of Operation Defensive Shield in April 2002, the fact that this operation is not serious becomes manifestly clear.
CENTERFORSECURITYPOLICY: Olmert's response to Palestinian violence
Prime Minister Ariel Sharon after all is under threat of indictment for war crimes in Belgium which has an extradition treaty with Britain, and therefore has to be careful about his European travel plans.
On Thursday, US Secretary of State Colin Powell and Israeli Prime Minister Ariel Sharon agreed that a week-long test period was needed to see if the Palestinians were ready to comply with the US-brokered ceasefire.
Blair's hopes of meeting Israeli Prime Minister Ariel Sharon in London later this month have been dashed after Sharon cancelled a planned trip to Britain and the United States, citing the security situation in Israel.
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