Commercial Services - News
Renaissance shares resume trading on Muscat bourse
(Times of Oman - 30/06/2015)
Oman’s Muscat Securities Market (MSM) resumed trading of Renaissance Services shares on Monday, revoking an earlier trading suspension clamped on Thursday afternoon. Renaissance Services last week announced that BP had awarded its Consolidated Camp ...
Renaissance confident of meeting long-term growth
(Times of Oman - 29/06/2015)
Renaissance Services is an Omani multinational firm listed firm on the Muscat Securities Market (MSM), with a strong presence in oil servicing field. The company’s chief financial officer (CFO) Vishal Goenka talks to Times of Oman on the company’s ...
Topaz eyes expansion into South America
(Times of Oman - 28/06/2015)
Topaz Energy and Marine is eyeing expansion into South America in the next two years as the Dubai-based oil services firm looks beyond the current difficulties in the sector caused by the lower oil price, its chief executive said.
Renaissance subsidiary awarded BP Khazzan camp facilities contract
(Times of Oman - 25/06/2015)
Renaissance Services has announced that BP has awarded the contract for Consolidated Camp Facilities Management to Renaissance 100 per cent subsidiary, Tawoos Industrial Services Company (TISCO).
The contract is for the provision of catering, ...
Agility plans $225m investment in UAE mall
(Reuters - 25/06/2015)
Kuwaiti logistics firm Agility said one of its subsidiaries has reached an agreement with National Real Estate Company to invest $225 million in a shopping mall in Abu Dhabi, UAE.
The mall will be a partnership project in which investment ...
Agility unit to invest $225m into Reem Mall
(The National - 22/06/2015)
A subsidiary of the Dubai-listed logistics company Agility yesterday said it would invest up to US$225 million over the next three years in a mall being built by National Real Estate Company (NREC) in Abu Dhabi. United Projects for Aviation Services ...
Renaissance Services to convene an extraordinary general meeting
(Times of Oman - 17/06/2015)
A scheme for the repurchase of 423,141,678 Mandatory Convertible Bonds (MCBs) of OMR43,160,451 issued in 2012 will be discussed during the upcoming Extraordinary General Meeting of Renaissance Services. In a disclosure filed on Tuesday, the board of ...
Oman Renaissance plans notes to fund bond buy-back
(Reuters - 14/06/2015)
Oman's Renaissance Services plans to issue perpetual notes to finance the buy-back of convertible bonds, the company said on Sunday. The notes will be issued by a foreign subsidiary wholly owned by Renaissance, and sold to major local and regional ...
Tabreed's Shareholders Approve the Buyback of 28% of Bonds
(Press Release - 08/06/2015)
UAE: Shareholders of National Central Cooling Company PJSC (' Tabreed '), the Abu Dhabi-based regional district cooling utility company, yesterday approved the proposal presented by the company's Board of Directors at an Ordinary General Assembly ('OGA') ...
Saudi Airlines unit eyes $752m from IPO
(Reuters - 28/05/2015)
Saudi Ground Services Company, a unit of national carrier Saudi Arabian Airlines, has set the price for its 30 per cent initial share sale at 50 riyals ($13.3) per share, a statement from the company's financial adviser said on Thursday. The price, set ...
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