Ammon News - AMMONNEWS- Yahoo Inc. said Tuesday it has reached a deal to buy the Arab online community Web site Maktoob.com for undisclosed terms.

With the acquisition, Yahoo said it will be able to offer Arabic versions of its e-mail and messaging services.

Maktoob has 16.5 million unique users, Yahoo said.

"This acquisition will accelerate Yahoo's strategy of expanding in high-growth emerging markets where we believe Yahoo has unparalleled opportunity to become the destination of choice," Yahoo CEO Carol Bartz said in a statement. (AP)