About Us

Company profile

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.

Capabilities

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,
Residential,
Universities,
Hospitals and more

 
 

Over
10,000
employees

 
 

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

 
 

2015
group revenue of
$655m

Board of Directors

Samir J Fancy

Chairman

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:

  • Founder and Vice Chairman of Tawoos Group since 1983, and Chairman of Tawoos Group since 2005.
  • Chairman of Topaz Energy & Marine SAOG since foundation and up to its acquisition by the Company in May 2005.
  • Chairman of Amani Financial Services SAOC since 1997.
  • Executive Chairman of Topaz Energy & Marine Ltd.
  • Director of Samena Capital
  • He has acted as a Director of National Bank of Oman, Muscat Finance Company and Vision Insurance in the past.

Ali bin Hassan Sulaiman

Deputy Chairman

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:

  • Director of Topaz Energy & Marine SAOG for several years up to its acquisition by the Company in May 2005.
  • Director of Majan Glass Manufacturing Co SAOG.
  • Director of Topaz Energy & Marine Ltd.
  • Director of Muscat Finance Co SAOG
  • Member of Vision GCC fund investment committee

HH Sayyid Tarik bin Shabib bin Taimur

Director

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:

  • Founder and Director of Tawoos Group.
  • Chairman of Marina Bander Al Rowdha SAOG for six years until its takeover by the Government of the Sultanate of Oman in April 2003.
  • Chairman of National Hospitality Institute SAOG since 1995.
  • Director of Topaz Energy & Marine Ltd.

Sunder George

Director

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:

  • Topaz Energy & Marine Ltd.
  • BMI Bank, Bahrain.
  • Halcyon Capital SAOC.
  • Oman Fixed Income Fund.

Colin Rutherford

Director

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:

  • Executive Chairman and CEO of Teachers Media PLC.
  • Non Executive Director and Audit Committee Chairman of Mitchells & Butlers PLC
  • Non Executive Chairman of Brookgate Limited

Colin holds further positions in Retail, Specialist building products and real estate, amongst others.

Saleh bin Nasser Aboud Al-Habsi

Director

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:

  • Member of the Board of GrowthGate Capital, a regional Private Equity Co.
  • Member of Investors committee of Investment Stabilization Fund.

Manish Doshi

Director

Mr. Manish Doshi joined the Board of Directors of Renaissance Services SAOG in 2017.

He is a Fellow of the Institute of Chartered Accounts of India with over two decades of experience in Strategy planning, Financial Management and Contracts management.

He joined Truckoman group in 2001, and is currently serving as CFO.

He is also a member of various Management level committees of the Parent and Subsidiary companies of Truckoman group.

Our vision, our values

 

Vision

to deliver world-class services to a worldwide market.

Values

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

Company History

1982

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.

1999

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

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.

2005

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).

2009

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.

2010

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.

2012-2015

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.