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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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Libya's Sharara oilfield, which had only just returned to production, was shut on Sunday after a group blocked a pipeline linking it to an oil terminal. (AFP/File)
April 11th, 2017 - 10:30 GMT

Oil prices up after Libya’s biggest field shuts down

Hamad Medical Corporation
April 11th, 2017 - 10:20 GMT

HMC Physician provides tips on combating seasonal allergies

Dubai is a land of opportunities with many jobs, but cracking that job interview might be challenging. (Pixabay)
April 11th, 2017 - 10:18 GMT

5 job interview mistakes in Dubai to avoid at all costs

A total of 288 labor protests were organised in Jordan in 2016, up from 236 protests in the previous year, which could suggest a decline in the socio-economic situation in Jordan. (AFP/Khalil Mazraawi)
April 11th, 2017 - 10:14 GMT

Jordan sees 22 percent rise in labor protests in 2016: Report

Jim Maxwell, Ooredoo Chief Legal, Regulatory and Wholesale Officer
April 11th, 2017 - 09:53 GMT

Ooredoo to activate SEA-ME-WE 5 submarine cable system

The best performing sub-sector in Dubai in the past quarter was wholesale and retail, followed by travel and tourism and construction. (AFP/Karim Sahib)
April 11th, 2017 - 09:22 GMT

Dubai's private sector achieves strongest quarter in two years

Jazeera Airways sponsors 12th Edition of Kuwait Times student art competition
April 11th, 2017 - 09:12 GMT

Jazeera Airways sponsors 12th Edition of Kuwait Times student art competition

Team Picture
April 11th, 2017 - 08:58 GMT

Ultimate Soccer Academy supported by Nissan Al Babtain gears up for the MARE NOSTRUM CUP Tournament 2017 in Barcelona

Samsung DeX
April 11th, 2017 - 08:39 GMT

Samsung DeX enables productivity for mobile workers by extending the smartphone to a desktop environment

Turkey wants to reduce its energy import dependence and focus more on local energy resources. (File photo)
April 11th, 2017 - 08:35 GMT

Turkey reshapes its energy strategy, moves towards local resources

Saudis spend, on average, more than $20 billion annually on foreign tourism, but things are about to change with the kingdom's new entertainment city project. (AFP/Stan Honda)
April 11th, 2017 - 08:11 GMT

Saudis spend $20B on foreign tourism but things are about to change

Ryan Ding, Huawei’s President of Product & Solutions
April 11th, 2017 - 08:10 GMT

Go Digital, Go Cloud: Huawei explores new growth potential in an intelligent world

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