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HuaweiABU DHABI — In a major initiative to ease liquidity crunch, the Abu Dhabi Government has decided to inject Dh16 billion into five banks — First Gulf Bank (FGB), Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB), National Bank of Abu Dhabi (NBAD) and Union National 
Bank (UNB).
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ABU DHABI — Emirates Computers has unveiled a state-of-the-art solution centre that will focus on information infrastructure and virtualisation technologies for Microsoft Exchange Environments.
DUBAI — Chelsea Group Hospitality has launched an upscale multi-million, full-service hotel apartment chain, Chelsea Gardens Hotel Apartments, in Dubai recently.
DUBAI — Construction is fast on track for Omniyat Properties’ nine projects and the company is committed to its delivery timelines, CEO Peter Walichnowski said.
JEDDAH — A British delegation, representing ten water and five environment companies, is on a week-long visit to the kingdom to explore business opportunities. The UK trade and investment mission is led by Jeremy Goad.
ABU DHABI — The ensuing edition of International Defence Exhibition and Conference (IDEX) will have an additional innovative and exciting element than the previous ones —warships up to frigate size will berth adjacent to the exhibition venue during the 
five-day event.
DUBAI — Dubai’s new business licences recorded an increase in the fourth quarter of 2008, even in the face of the spreading global economic crisis. The emirate has continued the growth story with more than 429 new business licences issued in the first fortnight of 2009, a clear indication of the continued resilience of the economy of Dubai and improving investors’ confidence.
ABU DHABI — Abu Dhabi University Knowledge Group (ADUKG) and Tanmia, the UAE’s national human resource development and employment authority, on Tuesday entered into a partnership for strengthening the ongoing emiratisation drive in the country.
DUBAI — Bears overpowered bulls at the UAE bourses on property concerns following a Morgan Stanley report that residential property prices in Dubai have fallen 25 per cent since peaking last September.
If one goes by the research reports that brokerages and rating houses are churning out on Dubai, there is bound to be a feeling that the world has come crashing down on Dubai. But has it really?