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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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New research shows parents in the UAE typically don't have the savings for the aspirations they have for their children.
September 22nd, 2015 - 05:14 GMT

Parents aren’t saving enough for their children’s education

Nabih Berri was accused by the protester of "cruelty, corruption and theft." (AFP/Ramzi Haidar)
September 22nd, 2015 - 04:14 GMT

Lebanese official files lawsuit against protester attacked by his supporters

The Kurdish Regional Government plans to increase its oil exports to the neighboring country to 900,000 barrels a day. (AFP/File)
September 22nd, 2015 - 03:58 GMT

Iraq's Kurdish government to increase oil exports to Turkey

A UN report said Egypt was the top recipient of official development aid. (AFP/File)
September 22nd, 2015 - 03:40 GMT

Egypt tops the list for development aid with $5.5 billion in 2013

Al Bawaba
September 22nd, 2015 - 02:25 GMT

Apple joins TripAdvisor, Google in donating to refugee crisis

Al Bawaba
September 22nd, 2015 - 02:07 GMT

Egypt: Low foreign reserves hamper transfer of company profits abroad

Al Bawaba
September 22nd, 2015 - 01:45 GMT

Palestinian doctor invents low-cost stethoscope with 3D printer

Al Bawaba
September 22nd, 2015 - 01:32 GMT

Salam Haj and Umrah Guide app downloads top half a million

The Binladin Group was suspended over the tragedy which resulted in 111 deaths. (AFP/File)
September 22nd, 2015 - 01:04 GMT

Binladin Group files insurance claim over deadly crane collapse

Total financial assistance from the US to Jordan stands at $615.3M, according to the Minister of Planning and International Cooperation. (AFP/File)
September 22nd, 2015 - 12:39 GMT

Jordan inks $429.7M grants deal with US

Al Bawaba
September 22nd, 2015 - 11:51 GMT

Get creative: Fostering innovation at work

Al Bawaba
September 22nd, 2015 - 11:30 GMT

UAE: Eid Al Adha ushers in price hike for sacrificial animals

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