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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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July 9th, 2007 - 03:00 GMT

Moody's Upgrades UAE Aa2

July 9th, 2007 - 02:17 GMT

Middle East pharmacy manufacturing and biotech industries set to boom as international companies target the region

July 9th, 2007 - 02:12 GMT

Jordan expects even more visitors for its “wonder of the world”

July 9th, 2007 - 02:01 GMT

TAQA gets S&P credit rating upgrade to AA-

July 9th, 2007 - 01:50 GMT

SICO successfully places Egyptian IPO

July 9th, 2007 - 01:03 GMT

Bank of London and The Middle East launches as London based Islamic bank

July 9th, 2007 - 06:32 GMT

Jordanian banking sector benefits from growing economy and refocuses on core activities

July 8th, 2007 - 02:46 GMT

Arab Bank plc - US$500,000,000 syndicated term loan facility

July 8th, 2007 - 02:12 GMT

Batelco invests another $16 million to deliver broadband services in Bahrain

July 8th, 2007 - 10:45 GMT

Huawei delivers largest HSPA network in the UAE

July 8th, 2007 - 06:58 GMT

Oman to become important centre for developing economic and effective enhanced oil recovery

July 7th, 2007 - 11:26 GMT

Abu Dhabi Investment House appoints Forrec Ltd a leisure and attraction consultant for Entertainment City Qatar

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