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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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Elon Musk’s wealth at risk with $55B package void
January 31st, 2024 - 10:13 GMT

Elon Musk’s wealth at risk with $55B package void

Al Masaood CV&E Recognised as Top UD Trucks Dealer in MEENA Region
January 31st, 2024 - 09:16 GMT

Al Masaood CV&E Recognised as Top UD Trucks Dealer in MEENA Region

From aircraft to arrivals in style: Emirates launches luxurious Business Class Loungewear
January 31st, 2024 - 09:10 GMT

From aircraft to arrivals in style: Emirates launches luxurious Business Class Loungewear

Markaz Report: GCC Fixed Income markets see 20.3% year-on year growth in primary issuances during 2023 with total issuance of USD 95.3 billion*
January 31st, 2024 - 08:45 GMT

Markaz Report: GCC Fixed Income markets see 20.3% year-on year growth in primary issuances during 2023 with total issuance of USD 95.3 billion*

KIB announces the winner of Al Dirwaza account’s Mega Draw
January 31st, 2024 - 08:38 GMT

KIB announces the winner of Al Dirwaza account’s Mega Draw

Starbucks Q1 financial report disappoints investors amid boycott calls
January 31st, 2024 - 08:16 GMT

Was boycott behind retracted Starbucks Q1 revenue report?

How the HUAWEI MatePad Pro 13.2" Unlocks Creativity: A Tablet that Transforms into an Art Studio
January 31st, 2024 - 08:03 GMT

How the HUAWEI MatePad Pro 13.2" Unlocks Creativity: A Tablet that Transforms into an Art Studio

LG Lights Up Arab Health With Transformative Displays
January 31st, 2024 - 07:55 GMT

LG Lights Up Arab Health With Transformative Displays

Ajman Bank steps up sustainability efforts with Mastercard solutions
January 31st, 2024 - 07:46 GMT

Ajman Bank steps up sustainability efforts with Mastercard solutions

Imdaad Signs MoU with OMAINTEC to Drive Advancement of Engineering Sector
January 31st, 2024 - 07:23 GMT

Imdaad Signs MoU with OMAINTEC to Drive Advancement of Engineering Sector

Emirates NBD Facilitates Sidara’s first Sustainability-linked Finance
January 31st, 2024 - 06:44 GMT

Emirates NBD Facilitates Sidara’s first Sustainability-linked Finance

Futurist Alexander Explores the Powerful Role of Higher Education During Climate Crisis and Age of AI at GU-Q
January 31st, 2024 - 06:33 GMT

Futurist Alexander Explores the Powerful Role of Higher Education During Climate Crisis and Age of AI at GU-Q

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