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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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Mall of Arabia in Jeddah. (Twitter)
April 20th, 2017 - 02:01 GMT

Saudi Arabia blocks foreigners from working in malls

IMF Managing Director Christine Lagarde. (AFP/File)
April 20th, 2017 - 01:25 GMT

IMF Raises Global Growth Forecast But Warns Against Protectionism

The Turkish-made torpedo can be used for defense against submarines. (File photo)
April 20th, 2017 - 01:06 GMT

The business of war: Turkish-made torpedo to debut at defense industry fair

The UAE is among the top nations in per capita waste generation in the world, and reportedly has some of the highest electricity and water consumption rates globally. (Pixabay)
April 20th, 2017 - 12:54 GMT

8 super-smart tips to reduce your electricity bill in the UAE

The right colors can help boost the productivity of employees. (Pixabay)
April 20th, 2017 - 12:51 GMT

How to design your office for maximum productivity

•	Results reflect government efforts to enhance UAE’s PISA and TIMSS ranking in reading, math and science outlined in the UAE National Agenda 2021.
April 20th, 2017 - 11:22 GMT

GEMS schools honoured by the UAE Supreme Education Council for outstanding PISA and TIMSS results

Villas on Amwaj Islands are currently considered the most expensive in the kingdom, though residential values held steady in other parts of the country, remaining unchanged for six consecutive quarters. (Shutterstock)
April 20th, 2017 - 11:04 GMT

Rents in Bahrain drop further as supply exceeds demand

Ahmed Mahboob Musabih at the opening of the exhibition
April 20th, 2017 - 10:50 GMT

Dubai Customs hosts an exhibition for people with disabilities

Dubai Culture & Arts Authority at Arabian Travel Market 2017
April 20th, 2017 - 10:26 GMT

Dubai Culture to showcase the Emirate’s cultural, artistic and heritage highlights at Arabian Travel Market 2017

Raed Dawood, Director of Government Relations and Corporate Affairs.
April 20th, 2017 - 08:58 GMT

Ooredoo offers tips on skills for career success in a digital world

Tunisian women harvest grapes in the wine-producing region of Grombalia as the country looks to branch out into wine tourism. (AFP/ Fethi Belaid)
April 20th, 2017 - 08:09 GMT

Tunisia, Libya strengthen financial ties with $43M bank agency

Huawei
April 20th, 2017 - 07:51 GMT

Huawei Enterprise Business grows by 47% in 2016 by focusing on verticals to enable digital transformation

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