The latest FIDE Presidential Board meeting took place from 5-6 June in Abu Dhabi.
It was announced that no bids to host the World Chess Championship 2012 between Vishy Anand and Boris Gelfand had been received, so the deadline was extended to 31 July. The 12-game match is due to take place during April/May 2012.
The deadline for bids for the Women's World Championship 2011 between Hou Yifan and Humpy Koneru, due in Nov/Dec, was also extended to 15 June.
FIDE claim in their announcement that "proposals for both events were under consideration by potential bidders".
The bidding procedure and regulations for the Anand v Gelfand match can be found here. The prize fund offered must be a minimum of €1,000,000.
The other notable decisions from the meeting were that the official FIDE rating list will be published monthly from July 2012 onwards, and the FIDE ratings floor (the minimum rating required to be FIDE rated) is being dropped to 1000 Elo.
More details of the meeting can be found here.
FIDE President Kirsan Ilyumzhinov
FIDE Deputy President Georgios Makropoulos
Photos from the FIDE website.