The decision by the Arab League puts it on a path to more aggressively challenge Shiite power Iran, which is backing the Yemeni rebels, known as Houthis.
A Saudi-led coalition began bombing Yemen on Thursday, saying it was targeting the Houthis and their allies, which include forces loyal to Yemen's former leader, Ali Abdullah Saleh. Current and former Yemeni military officials have said the campaign could pave the way for a possible ground invasion.
"Yemen was on the brink of the abyss, requiring effective Arab and international moves after all means of reaching a peaceful resolution have been exhausted to end the Houthi coup and restore legitimacy," Elaraby said.
The Houthis swept down from their northern strongholds last year and captured the capital Sanaa in September.
Embattled President Abed Rabbo Mansour Hadi, a close US ally against a powerful local al-Qaida affiliate, fled first to the southern city of Aden and left the country last week.
Asked at a news conference to explain vague references to "foreign powers" being behind conflicts in different Arab nations, Elaraby said: "I will answer this question indirectly. There is meddling by some neighbors, Israel on one side, Turkey and Iranian interference in several countries."
Speaking after Elaraby, Egyptian President Abdel-Fattah el-Sissi said leaders also agreed in principle to creating a joint Arab military force. He said a high-level panel will work under the supervision of Arab chiefs of staff to work out the structure and mechanism of the force.
"It is an important resolution given all the unprecedented unrest and threats endured by the Arab world," Elaraby said.
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