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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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The full impact of the recent corporate tax increase in Oman and higher royalty charges for telecom companies will result in earnings stress for listed companies during the first quarter of 2017. (Al Bawaba)
April 9th, 2017 - 11:44 GMT

Oman: Listed companies report 20 percent fall in net earnings

Siemens
April 9th, 2017 - 10:58 GMT

Siemens helps boost output at three major power plants in Oman

Emirates Palace commemorates the 120th anniversary of Kempinski Hotels
April 9th, 2017 - 10:50 GMT

Emirates Palace commemorates the 120th anniversary of Kempinski Hotels

LG G6 launches in the UAE
April 9th, 2017 - 10:41 GMT

LG G6 launches in the UAE

DuPont
April 9th, 2017 - 10:28 GMT

DuPont Sustainable Solutions announces call for applications for Safety and Sustainability Awards

The recent slump in oil prices has constrained activity for consultants in the GCC. In fact, the market has slowed to about 6 percent growth from 15 percent in 2014. (Shutterstock)
April 9th, 2017 - 10:19 GMT

GCC consulting sector hit by lower oil prices: Report

During the event
April 9th, 2017 - 10:03 GMT

Georgetown students study legacy of education in Cambodia

During the event
April 9th, 2017 - 09:51 GMT

Ooredoo sponsors teams in Adiso Football League

During the event
April 9th, 2017 - 09:43 GMT

Noor Bank reiterates commitment to Emiratisation at Careers UAE 2017

General Electric
April 9th, 2017 - 09:33 GMT

GE partners with WESCOSA, a Saudi manufacturing firm, to achieve transformational economic growth in support of Vision 2030

One of the two proposed methanol plants is backed by a Chinese group which has a subsidiary in neighboring UAE. (Shutterstock)
April 9th, 2017 - 09:33 GMT

Chinese firms eye methanol projects in Oman

Events like the 2022 World Cup in Qatar are considered bright spots on the horizon and hoped to help the region retain its appeal for expats. (File photo)
April 9th, 2017 - 09:25 GMT

Revealed: Qatar's top 10 salaries for 2017

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