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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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Fairmont Nile City - World Autism Day.
April 12th, 2017 - 06:02 GMT

Fairmont Nile City lights it up blue on World Autism Awareness day

Aldar maintains strong progress on developments ahead of planned handovers in 2017
April 12th, 2017 - 06:01 GMT

Aldar maintains strong progress on developments ahead of planned handovers in 2017

Tunisia's public debt continued to rise to almost 61.9 percent of GDP at the end of 2016, compared to 53.4 percent ​​originally projected. (AFP/File)
April 12th, 2017 - 06:00 GMT

Tunisia's public debt, budget deficit hit alarming levels

During the event
April 12th, 2017 - 05:32 GMT

QNRF and Ministry of Education and Higher Education give young scientists the opportunity to shine

RORO at Khalifa Port.
April 12th, 2017 - 05:08 GMT

MAQTA Gateway achieves complete digitalization of all imports & exports

The refinery will have the capacity to process 230,000 barrels of crude oil per day for both local and international markets. (File photo)
April 12th, 2017 - 05:00 GMT

Kuwait Petroleum, Oman Oil JV to build major oil refinery, petrochem complex

Dubai has issued more than 170,000 commercial licenses over the last 25 years, a 650 percent increase over the 28,000 licenses issued in its first year in 1992. (AFP/ Sahib Karim)
April 12th, 2017 - 04:00 GMT

Dubai sees 650 percent rise in business licenses since 1992

The increase in the number of tourists is largely due to the growth of Tunisia's traditional markets, mainly French, German and Algerian. (Shutterstock)
April 11th, 2017 - 06:00 GMT

A sigh of relief for Tunisia? Number of tourists hits 1M mark!

Egypt's Consumer Price Index (CPI) eased to 2.1 percent in March, compared to 2.7 percent in February and 4.3 percent in January. (File photo)
April 11th, 2017 - 04:57 GMT

Egypt's inflation surge begins to slow

The MoU was signed by Saudi Arabia, the UAE, Bahrain, Algeria, Sudan, Iraq, Oman, Qatar, Comoros, Kuwait, Egypt, Libya, Morocco and Yemen. (Shutterstock)
April 11th, 2017 - 04:18 GMT

14 Arab countries sign MoU to establish a joint electricity market

Djerba–Zarzis International Airport. (Shutterstock)
April 11th, 2017 - 04:05 GMT

Tunisia, Libya resume flights after year-long interruption

Algeria is calling for investments in its 4,050MW solar power plant which will include the development of local manufacturing of related equipment. (Shutterstock)
April 11th, 2017 - 03:53 GMT

Post-Brexit UK eyes energy investments in Algeria

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