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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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Markets fall after the US launched dozens of missiles against an airbase in western Syria on Friday. (File photo)
April 9th, 2017 - 06:42 GMT

Stock markets fall in aftermath of US airstrikes in Syria

Samsung’s new Gear 360 introduces true 4K video and 360-degree content capture
April 9th, 2017 - 06:39 GMT

Samsung’s new Gear 360 introduces true 4K video and 360-degree content capture

May Fest 2017 comes to Ras Al Khaimah at Rixos Bab Al Bahr
April 9th, 2017 - 06:30 GMT

May Fest 2017 comes to Ras Al Khaimah at Rixos Bab Al Bahr

During the event
April 9th, 2017 - 06:16 GMT

Dubai Culture hosts disability access talk as Part of UK/UAE 2017 a Year of Creative Collaboration

During the event
April 9th, 2017 - 06:07 GMT

Gulf Craft targets affluent SE-Asia individuals at Singapore Yacht Show

Obaid Al Shamsi
April 9th, 2017 - 05:56 GMT

DIB attracts Emirati talents during the Careers UAE 2017

Dubai Customs to announce 144 jobs in Careers UAE 2017
April 9th, 2017 - 05:46 GMT

Dubai Customs to announce 144 jobs in Careers UAE 2017

Jamal Abdullah Lootah, CEO, Imdaad
April 9th, 2017 - 05:36 GMT

Imdaad to participate at Careers UAE 2017 as part of commitment to Emiratization and UAE Vision 2021

The price of oil has hit its highest level for a month in response to the US missile attack on a military base in western Syria: Agencies. (AFP/File)
April 7th, 2017 - 07:45 GMT

Oil prices jump after Trump launches military strike on Syria

OPEC members in January began implementing a deal to cut production by 1.2 million barrels per day. (File photo)
April 6th, 2017 - 07:00 GMT

Iraq: Oil exports expected to increase amid infrastructure overhaul

The Saudi cabinet said it is planning a 35-percent increase in basic salaries of all air force pilots and weapons operators. Officers who fly fighter jets or operate their weapons systems will receive a 60-percent pay increase. (File photo)
April 6th, 2017 - 02:01 GMT

War in Yemen: Saudi fighter pilots get 60 percent pay hike

Consumer prices in Turkey rose 11.3 percent in March from the same period in 2016, the highest annual rate recorded since October 2008. (File photo)
April 6th, 2017 - 01:34 GMT

Turkey's inflation rate still stuck in double-digit territory

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