Associated Press Writer CAIRO, Egypt (AP) – Israeli Foreign Minister Tzipi Livni held talks Thursday with Egyptian President Hosni Mubarak in the first high-level discussion between Israel and the Arab world on an Arab initiative calling for an exchange of land for peace.

Eni SpA, Italy’s largest oil company, will invest $12 billion to boost its Egyptian natural gas operations over the next five years, Egypt’s oil ministry said Thursday.

The recent international conference on Iraq held in Sharm el-Sheikh was the biggest and most inclusive diplomatic push to end that nation’s security crisis since the 2003 invasion that toppled Saddam Hussein.  During an unannounced visit to Baghdad earlier this week, U.S. Vice President Dick Cheney says he pressed Iraqi …