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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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With more than half of people now regularly gaming online, cybercriminals have an enormous pool of potential targets to choose from.
January 31st, 2018 - 10:56 GMT

Kaspersky Lab: Poor Password Protection Leaves Online Gamers Exposed to Hack Attacks

The funding will be to carry forward the implementation of the second phase on the housing project covering over 10,000 Syrian families.
January 31st, 2018 - 10:48 GMT

Saudi Development Fund Signs $3.5 Million to Aid Syrian Refugees in Lebanon

The 2018 budget will be the last budget for Prime Minister Narendra Modi's government ahead of 2019's general elections. (Tobias Schwarz/ AFP)
January 31st, 2018 - 10:41 GMT

India's Budget 2018: What's in It for Non-Resident Indians?

Dubai Financial Services Authority (DFSA)
January 31st, 2018 - 10:23 GMT

Dubai's DFSA Publishes Findings of Client Classification and Suitability Review

Hussain Al Yafai, Head of Global Banking at Standard Chartered Oman
January 31st, 2018 - 10:23 GMT

Standard Chartered Acts as Joint Lead Manager for Oman's $6.5 Billion Bond

The bank posted a net profit of OMR176.82 million in 2017 compared to OMR176.56 million reported in 2016.
January 31st, 2018 - 10:15 GMT

Bank Muscat’s Board Proposes 35 Percent Dividend for 2017

The popularity of the new Dubai Parks and Resorts theme parks is picking up.
January 31st, 2018 - 10:04 GMT

DXB Entertainments’ Outlook Brightens on Rising Theme Park Visitors

The same report said Saudi families also pay some SR752 million for private lessons to their children at home every year. (Shutterstock)
January 31st, 2018 - 10:01 GMT

Saudi Parents Spend SR22 Billion on Education Every Year: Report

Turkish Airlines General Manager Cenk Öcal, with representatives, ringing the opening bell at New York Stock Exchange (NYSE).
January 31st, 2018 - 09:58 GMT

Turkish Airlines Rings Opening Bell on Wall Street

David Meads, Vice President MEA at Cisco
January 31st, 2018 - 09:45 GMT

Cisco Announces Powerful Assurance Innovations Across Its Intent-Based Networking Portfolio

The UAE’s electronic tax system is the most comprehensive in the region, according to the Federal Tax Authority (FTA).
January 31st, 2018 - 09:33 GMT

Federal Tax Authority: UAE's Electronic Tax System Most Comprehensive in the Region

The tours, titled ‘Metro Moments’ and ‘Al Fahidi Architecture Tour’, are available to download for free from the Apple Store and Google Play.
January 31st, 2018 - 09:12 GMT

Dubai Tourism Launches Multi-Lingual Audio Tour Guides

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