Renaissance is a leading international facilities management and service solutions company, listed in Oman on the Muscat Securities Market. We offer world-class hard and soft facilities management, fully integrated IFM solutions and operate the Renaissance Villages, our unique and pioneering accommodation solution. Our clients trust us because of our commitment to them and our track record in safety, efficiency, green awareness and local value.
We are a leading international Integrated Facilities Management company, providing fully integrated Hard and Soft FM solutions across a range of assets and facilities, across the globe.
Renaissance manages facilities and offers service solutions in a wide range of sectors: 'A' grade residential properties, large-scale retail assets, hospitals, ports, universities, off-shore hydrocarbons, workforce accommodation in remote, harsh locations and more.
Wide range of sectors:
Oil and Gas, Military,
Hospitals and more
We are an international company, leading our home market in Oman and with expanding operational experience in the UAE, West Africa, Norway Afghanistan and Iraq
group revenue of
Mr. Samir J Fancy is the Chairman of the Board of Directors since 1996. He has held senior positions and undertaken leading roles such as:
Mr. Ali bin Hassan Sulaiman is a member of the Board of Directors of the Company since 1996 and is Deputy Chairman since March 2010. He is a founder of Ali and Abdul Karim Group and director of the following companies:
HH SayyidTarik bin Shabib bin Taimur is a member of the Board of Directors of the Company since 1996. Other positions held by him include the following:
Mr. Sunder George is a member of the Board of Directors of the Company since 2001. He has extensive experience in Banking & Finance and has held several senior executive positions in Oman & abroad until he retired from Bank Muscat on 31 December, 2012 as its Deputy Chief Executive. He was Chief Adviser to the Bank for a year until the end of 2013. Sunder George sits on the Board of Directors of the following Companies:
Mr. Yeshwant C Desai is a member of the Board of Directors of the Company since 2001 and is the Chairman of the Audit Committee. He has had a successful career and extensive experience in Banking & Finance and has held senior executive positions in Oman & abroad, which include:
Mr. Colin Rutherford has been a member of the Board since 2005 and was formerly Chairman of BUE Marine Holdings Limited prior to its acquisition by Renaissance Group SAOG. He has diverse experience of public and private companies having served on many International Boards. He is a Chartered Accountant and former Corporate Financier, and currently enjoys the following positions within his portfolio:
Colin holds further positions in Retail, Specialist building products and real estate, amongst others.
Director in the National Bank of Oman since March 2008 and Member of the Credit Committee of the Board. He previously held the position of Chairman of the Board Risk Committee of the bank.
Having 21 years of experience in the financial sector, Mr. Al Habsi is currently General Manager of MOD Pension Fund. Previously, he served as Chairman of Muscat Fund, Deputy Chairman of Gulf Custody Company Oman, SAOC. He was a board member of Bank Dhofar SAOG, and Al Omaniya Financial Services SAOG.
Mr. Saleh holds MBA and M.Sc. in Finance both from University of Maryland (USA), and BSBA and BA from Boston University (USA). He also attended senior executive program at London Business School and High Performance Boards Program at IMD Switzerland. Other positions held by him include the following:
to deliver world-class services to a worldwide market.
HSE, no harm to people, no harm to the environment
Customers really do come first, standards, performance, unique solutions.
Governance, honest, ethics
Best in class competitiveness with world-class competition, performance
Nurturing our people, family culture, helping communities
In 1982 Samir Fancy formed the Tawoos Group in partnership with his half-brother, His Highness SayyidTarik bin Shabib, and other family members. In 1996 Tawoos became the first family-owned business in Oman to offer shares for public ownership, forming Renaissance Services through an IPO valued at US$ 27 million. At that time, Renaissance Services employed roughly 2,000 people in IT, contract catering, training and media.
In 1999, Renaissance won the contracts for building and delivering permanent accommodation solutions for Shell/PDO. These accommodation solutions were a serious opportunity to bring together modern standards in safety and comfort with the design economies of scale, setting a benchmark for Renaissance to offer the highest quality services at competitive prices.
2002 Renaissance is driving world-class best practices in corporate governance and Health, Safety & Environment and Quality and in 2003 our contract services built up their reputation for operational excellence and customer-oriented service in international markets, as well as dominating the market in Oman.
Renaissance Services embarks on a new major investment and merges with Topaz Energy & Marine SAOG in a share swap deal, followed with an acquisition of another offshore support vessel company BUE Marine Ltd. Renaissance galvanizes the reward structure and strengthens the company’s talent retention with a combination of cash and deferred stock rewards in its Senior Management Incentive Programme (SMIP).
Renaissance invests comprehensively in the building programmes for its OSV fleet and in the construction of Permanent Accommodation Facilities in Oman.
Among new contracts awarded, the company’s Marine subsidiary wins a 10-year, US$ 100million contract from Agip KCO, and US$ 42 million contract with TOTAL Qatar, while an Engineering subsidiary is awarded an EPC contract by Port of Fujairah.
Renaissance achieves ten years of consecutive growth. The company’s Contract Services Group (CSG) enters into a joint venture in Abu Dhabi, extending CSG’s market presence to six nations over three continents; Engineering business in Abu Dhabi (ADYARD) completes a 12,500 ton steel Mobile Offshore Production Unit, achieving 7 million man-hours with no lost-time injury, for Talisman Energy.
Renaissance issues the company's largest single funding offer and first mezzanine financing offer, US$ 104million, in long-term subordinated notes, fully subscribed by Omani investors.
Renaissance executes its One Group Two Companies strategy, divesting outlying business interests to focus on its core expertise of Topaz OSV and Renaissance facilities management and the Renaissance Village accommodation solution.