EGYPT

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Cell phone emand to stay strong despite downturn: U.N.

GENEVA - Mobile telephones are seen as a basic necessity around the world and should enjoy persistent strong demand throughout an economic downturn, a United Nations agency said in a report published on Monday. With or without a recession, millions of people in India, China, Nigeria, and other emerging markets will seek out mobile phones, according to the International Telecommunication ...

30 Mummies Found in Newly Discovered Egyptian Tomb

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Egyptian archaeologists have found about 30 mummies and at least one unopened sarcophagus in a burial chamber believed to be about 4,300 years old, in the latest excavations at the vast necropolis of Saqqara south of Cairo, The associated press quoted, Monday.

German investigators start search for Nazi's body

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On Thursday German investigators said they will attempt to find the body of Nazi war criminal Aribert Heim following the new information released by Germany's ZDF television a day earlier indicating he died in Egypt in 1992.
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Olmert says war targets achieved, ceasefire begins

Israeli Prime Minister Ehud Olmer addressed his nation on Saturday indicating that the leadership's goals had been fully achieved in Gaza against Hamas and that the armed forces would begin a ceasefire at 2:00 a.m. local time.
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Israeli troops advance deeper into Gaza

Israeli troops advanced into densely populated suburbs of Gaza early Tuesday; just hours after Prime Minister Ehud Olmert warned Islamic militants of an iron fist unless they agree to Israel's terms to end the fighting.
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Hamas leader says it ready to confront Gaza invasion

GAZA - Hamas's top leader warned Israel its army would be defeated if it invaded the Gaza Strip, while the United States said it envisioned a ceasefire with international monitoring that would ensure the Islamist group could not rearm.
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Hezbollah gunmen seize control of Beirut neighborhoods

Shiite Hezbollah gunmen seized control of key parts of Beirut from Sunnis loyal to the U.S.-backed government Friday, a dramatic show-of-force certain to strengthen the Iranian-allied group's hand as it fights for dominance in Lebanon's political deadlock.
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Rice Rallies Boosted by Shrinking Global Supply

Rice advanced in Chicago after Turkey and Philippines sought cargoes of the grain due to declining global supplies. Rice for May delivery increased by 3.3 percent or 75 cents, to $23.30 per 100 pound...
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China Likely to Outpace US by 2025

World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.
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India opposes use of foodgrains for biofuels

Commodity Online NEW DELHI: India on Tuesday expressed concern at the increasing use of foodgrains for production of bio fuels.Stating India s position at the Third International Grain Su...
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Tata Communications Announces $2 bln Global Expansion

Following the integration of Tata Group's five telecommunication subsidiaries - VSNL, VSNL International, Teleglobe, Tata Indicom Enterprise Business Unit and Cipris - under the Tata Communications brand name, Tata Communications has announced that it will inject $2 billion over the next three years to fuel its global expansion plans with specific focus on the new world of IP, MPLS, Ethernet, and managed services.
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Egypt begins closing Gaza border, fueling tensions

Egypt began closing its breached border with the Gaza Strip on Friday, using barbed wire and water cannons to keep Palestinians from leaving the Hamas-controlled territory in defiance of an Israeli blockade.

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