License To Blog in KSA

The Tech world is speaking about the crazy Saudi official plan to register and license blogs and forums and they have to , it is the craziest thing I have ever heard , license and register blogs !!!??
Technically speaking this sounds crazy and can’t be implemented in the real world , does it apply on blogs written by Saudi bloggers who live outside !!?? Does it apply on blogs and forums hosted abroad !!?
It is plain crazy and I just fear to find some regime hypocrites in Egypt calling for the same thing.
Update 
Saudi Arabia has denied officially the news despite the minister of information said that they encourage bloggers to register !!