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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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Carlos Ghosn, CEO and chairman of Renault-Nissan-Mitsubishi Alliance
January 31st, 2018 - 09:03 GMT

Renault-Nissan-Mitsubishi Alliance Sells 10.6 Million Vehicles in 2017

GMC sales in the Middle East were up by 26 percent at the end of 2017.
January 31st, 2018 - 08:57 GMT

GMC Closes 2017 With Best Year-End Global Sales Since 2005

RJ President and CEO Stefan Pichler shaking hands with the head of the General Union for Air Transport and Tourism Yousef Qannab.
January 31st, 2018 - 08:43 GMT

Royal Jordanian, General Union for Air Transport Sign Agreement for Staff Voluntary Release

The International Labour Organisation data shows that real productivity grew by 10% globally in 2010-17, but only the UAE exceed this rate and many countries saw their productivity fall over this period, notably Oman and Lebanon.
January 31st, 2018 - 08:39 GMT

PwC: Region’s Productivity Gains Lag Global Improvements

The Institute of Management Accountants (IMA) announced a historic milestone of reaching 100,000 members for the first time in its nearly 100-year history.
January 31st, 2018 - 08:30 GMT

IMA Celebrates Milestone of 100,000 Members

As massive as it is light, the art installation turns freely, in a constant ethereal dialogue with the movements of air.
January 31st, 2018 - 08:23 GMT

'Skyward' Balloon Art Installation Arrives at the Dubai Mall

The new campaign, centered around a family, focusses on how ‘stories bring us together’ through unmissable and exclusive entertainment and will launch via a 360 creative campaign.
January 31st, 2018 - 08:10 GMT

OSN, Arabic Star Dhafer L’Abidine Partner for New Creative Campaign

Located in DWTC’s One Central, the 434-room property marks the first 25hours hotel in the Middle East.
January 31st, 2018 - 07:50 GMT

ASGC to Develop World’s Largest 25hours Hotel Property in Dubai

Visitors to the Hotel can look forward to spending a memorable day with their loved one in the embrace of breath-taking views of the Manama city and the Arabian Gulf.
January 31st, 2018 - 07:43 GMT

Celebrate Love at Four Seasons Hotel Bahrain Bay

At the end of the year, Nakheel had 4.6 million square feet of retail space in operation that led to increased  annual revenue from the retail business.
January 31st, 2018 - 07:37 GMT

Nakheel Announces Dh5.67 Billion Net Profit in 2017, up 14 Percent

The introduction of VAT in the UAE will represent one of the biggest challenges for Dubai’s real estate market.
January 31st, 2018 - 07:36 GMT

Deloitte Predicts 2018 Will Be a Year of Change for Dubai’s Real Estate Market

Huawei Mate 10 Lite comes to ignite your imagination and become every creative mind’s best friend.
January 31st, 2018 - 07:24 GMT

Unleash Your Inner Creative With Huawei Mate 10 Lite

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