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BUSINESS

BUSINESS latest

Renaissance Services acquires Socat as part of new growth strategy
April 14th, 2026 - 11:21 GMT

Renaissance Services acquires Socat as part of new growth strategy

Renaissance Services , Oman’s leading integrated facilities management (IFM) and accommodation solutions company, has announced the completion of its acquisition of Socat LLC, the Omani arm of the French multinational Sodexo, as part of a strategic growth initiative. The acquisition further consolidates Renaissance’s market leadership and expands its service capabilities across the Sultanate. Socat’s client base includes commercial and institutional facilities, and this strategic acquisition enhances Renaissance’s operational footprint and adds new value-based facility management (FM) capabilities to the Company’s portfolio. Speaking on the occasion, Samir J Fancy, Chairman of ...
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Egypt said it will launch a petrochemical complex, an oil refinery, an industrial complex for solar cells and another for wind turbines, as well as factories for textiles, foodstuffs, electrical appliances and motorcycles. (AFP/ Mohamed El-Shahed)
April 25th, 2017 - 10:00 GMT

Can Egypt's $20B Suez Canal projects breathe new life into its economy?

Hamad Medical Corporation (HMC)
April 25th, 2017 - 09:21 GMT

Cancer experts set to gather in Doha for masterclass in breast cancer management

Ooredoo will list its shares on the Maldives Stock Exchange on April 30 with 40 percent of the shares available for subscription. (Ooredoo)
April 25th, 2017 - 09:00 GMT

Qatar's Ooredoo to launch IPO in... Maldives?!

Vida Beach Reem Island Abu Dhabi
April 25th, 2017 - 08:56 GMT

Aldar appoints Emaar Hospitality Group’s Vida Hotels and Resorts to operate iconic urban resort on Abu Dhabi’s Reem Island

Turkish airport staff welcome Russian tourists at Antalya airport on July 9, 2016, a few months after the two countries clashed over a Russian warplane crash in Syria. (AFP/File)
April 25th, 2017 - 08:25 GMT

Turkey gets over warplane crisis, extends visa-free travel for Russians

UAE residents and international travellers challenged to explore major attractions in Abu Dhabi in only two days.
April 25th, 2017 - 08:25 GMT

Etihad Airways launches 48 hour challenge to promote Abu Dhabi stopovers

Kumail Al Moosawi, Chief People Officer at Ooredoo
April 25th, 2017 - 07:45 GMT

Ooredoo and Paris Saint-Germain enrich the lives of 220 young footballers in Oman

Egypt is set to finalize tenders for the mega project next month and award the contract to the winner in September this year. (File photo)
April 25th, 2017 - 07:45 GMT

ABB, Siemens and other tech giants bid for $1.6B power project in Egypt

General Electric main building
April 25th, 2017 - 07:10 GMT

GE strengthens collaboration with Sonelgaz to boost Algeria’s power sector, drive local industrial capacity building and digital industrial transformation

Mӧvenpick Resort & Spa Kuredhivaru Maldives, will be situated on the remote Kuredhivaru Island in Noonu Atoll.
April 25th, 2017 - 06:35 GMT

Mӧvenpick Hotels & Resorts signs agreement to manage its first resort in the Maldives

Burgan Bank takes the opportunity of Al Isara’ Wal Miraj to extent its best wishes to all its customers celebrating the Islamic Holiday.
April 25th, 2017 - 06:22 GMT

Burgan Bank’s Airport Branch continues to serve its customers during Al Isra' Wal Miraj holiday

Robin Kamark as Chief Executive Officer
April 25th, 2017 - 05:51 GMT

Etihad Aviation Group appoints Robin Kamark as Chief Executive Officer, Airline Equity Partners

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