Kuwait, which holds the rotating leadership of the Arab League headquartered in the Egyptian capital, had demanded the "urgent" meeting, the diplomat told AFP on Saturday.
There has been no coordinated Arab response to the conflict which erupted on Tuesday when Israel launched waves of air strikes against Gaza aimed at halting rocket fire across the border.
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But it is seen as having taken a step back from the latest round of fighting.
Its new government has been opposed to Hamas, the Palestinian branch of the Muslim Brotherhood which the military ousted from power last year.
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