The Arab league is good at PR, what did it cost them to make such a statement? However, their actions speak louder then their words. Almost all the Arab countries are callng for a pause in the bombing for Ramadan, why? I remember them starting a war in 1973 during Ramadan on Yom Kippur, where were their religious sensibilities then? Has Syria reigned in any of the 15 terrorist groups operating on her soil? Has Egypt stopped the anti-american and anti-semitic incitement in the state run press? The same applies to Arafat, how many times has he said that he will stop the violence?
In short, that statement isn't worth the paper it is printed on.