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Markets to remain upbeat
DUBAI/CAIRO — Middle East stocks look set to extend gains this month as investors’ risk appetite increases, though much of this optimism is based on a bullish start to the year by world markets, so any ill winds globally could cool the regional rally. Read Story
UAE
ADNEC achieves ISO 9001:2008
ABU DHABI - ADNEC (Abu Dhabi National Exhibition Centre) has achieved the ISO 9001:2008 certification further endorsing its status as a leading exhibition, conference and event venue in the Middle East region.
ABN Amro’s ID&JG opens Dubai office
DSF ushers in huge discounts 
at Interiors
Joyalukkas opens three money exchange centres
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INTERNATIONAL
China snubs debt in European spending spree
BEIJING - Chinese companies and funds have ramped up investment in crisis-hit Europe, buying utilities, energy firms and even luxury yacht makers, but are steering clear of eurozone debt.
Greek debt talks slowed on labor deal
Europe perks up but Chinese growth sags
US economy likely began 2012 with solid job growth
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BANKING & FINANCE
Sri Lanka raise rates, slows lending
COLOMBO — Sri Lanka’s central bank on Friday raised its key interest rate for the first time in five years and asked commercial banks to reduce lending in the face of a worsening trade deficit.
Greek unions, employers reject wage cuts
Prices fall as risk sentiment improves
Prices choppy as European hopes recede
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MARKETING
Toyota aims for almost 10 million in vehicle sales
TOKYO — Toyota Motor said Friday it aimed to sell 9.58 million units worldwide in 2012 after losing its number one spot in the global carmakers’ league last year.
Amazon makes India debut with Junglee.com
Chrysler US sales rise 44 pct in January
EU regulators probe Samsung over mobile patents
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BIZ TALK
With sparse data, focus returns to EU
Europe will again be at the center of investors’ focus next week as the US earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
GOLD Feb 5, 2012
Type Morning Yesterday
206.50 AED 206.50 AED
194.25 AED 194.25 AED
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