According to this article, and it is well researched, Saudi Arabia is still boycotting products from Israel, despite agreeing to lift the boycott as a condition of membership in the World Trade Organization. The WTO prohibits members from engaging in discriminatory trade practices, such as embargoes or boycotts.
There it is again, a Muslim Arab country lying to the world. They just have no problem with lying to acheive their goals. They obviously have no concept of honor. So now I ask, what will the WTO and the Bush administration do about it?