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Arab stock markets closed week mixed as investors awaited the release of annual corporate results particularly of blue chips, financial analysts said Friday.

The Dubai World Trade Centre, or DWTC, anticipates 2012 to be one of its busiest years to date with more than 5,000 exhibiting companies and 135,000 trade visitors from over 150 countries expected in January alone.

The Abu Dhabi National Exhibitions Company, or Adnec, hosted a record 733 events -- an 18 per cent increase -- at its facilities in the capital, ExCeL London and the Al Ain Convention Centre.

Fatima Mohammed Ishaq Al Awadi, deputy director-general, UAE Insurance Authority, led the inaugural ceremony for the Takaful training course entitled 'Takaful: Fundamentals and Practices,' which opened on January 9.

The Sharjah Chamber of Commerce and Industry, or SCCI, has announced the appointment of Lalu Samuel, managing director of Pierlite Middle East, as the chairman of the Provisional Committee for the Industrial Work Group.

The second annual conference of the Academy of International Business (AIB) Mena held at Zayed University in Dubai, from Friday to Sunday, under the patronage of Shaikh Nahyan bin Mubarak Al Nahayan, UAE Minister of Higher Education and Scientific Research, under the theme "Managing in Uncertain Times".

South African-born Daly, currently Safmarine's Head of MPV (Multi-Purpose Vessel) unit, replaces Tomas Dyrbye, who has been Safmarine's CEO for the past two and a half years.

With less than three days to the opening ceremony of the World Future Energy Summit, or WFES 2012, preparations are on in full swing at the Abu Dhabi National Exhibition Centre.

The UAE is one of the leading nations that send out huge volume of remittance, worldwide.

The Emirates Identity Authority has instructed all ID card registration centres attached to the medical fitness testing centres for visa purposes be ready by the middle of March

Washington placed sanctions on three companies from China, Singapore and the United Arab Emirates Thursday for selling refined oil products to Iran.

The euro crisis is expected to have a knock-on effect on the macroeconomic sentiments of the Middle East and North Africa (MENA) region.

The Middle East 2012 economy is going to be driven by the new democracies, having at the forefront Libya and Iraq which are in world's top-4 growing economies chart of the Economist Intelligence Unit 2012 forecast.

Total lending by 51 local and foreign lenders operating in the UAE increased 4.2 per cent during the first 11 months of 2011 compared to 1.3 per cent drop recorded for the same period in the previous year, data issued by Central Bank showed.

Private sector employers are not allowed to give their employees a new probation period in case the workers move to another company owned by the same employer, according to the Ministry of Labour.

Average room rates of Dubai hotels dropped 18.7 per cent to $217 in November 2011 compared to $267 for the same month last year, according to Ernst & Young's latest figures.

Heritage is back in the limelight this DSF (Dubai Shopping Festival). The Dubai Department of Tourism and Commerce Marketing (DTCM) is showcasing the rich maritime history and hospitality traditions of the Emiratis for the visitors of the Heritage Village and Diving Village in Al Shindagha heritage complex for the visitors during the 2012 edition of the shopping-cum-cultural extravaganza ending on February 5.

His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, on Thursday opened the first ordinary session of the Seventh biennial Legislative Chapter of the Sharjah Consultative Council.

Almost 800,000 fines worth over Dh335 million were paid during the traffic fine reduction period which started on September 11, 2011 and ended on January 10.

Property companies based in the emirate are to receive new training in an attempt to boost transparency and enhance foreign investment in the market, the Real Estate Regulatory Authority (Rera) said yesterday.