Renaissance Services SAOG: Business Overview, Financials & Competitive Analysis
Renaissance Services SAOG scores 5/10 on the AskCyborg Cyborg Score (Mixed). Regional market leader with stable operations facing earnings headwinds and regional market underperformance, offering dividend yield but limited growth momentum. Renaissance has trailing 12-month revenue of $288M as of June 2025. However, 2024 revenue increased 4.03% to 107.87 million, but earnings decreased 16.38%. The company underperformed both its industry.
What is Renaissance Services SAOG's industry? Renaissance Services SAOG (renaissanceservices.com) operates in Diversified Support Services / Integrated Facilities Management. AskCyborg classifies Renaissance Services SAOG under Diversified Support Services / Integrated Facilities Management in its company registry.
Renaissance Services SAOG operates as an accommodation, services solutions, and integrated facilities management company in the Sultanate of Oman and rest of the Middle East. The company provides quality service to ov...
Cyborg Score thesis
Regional market leader with stable operations facing earnings headwinds and regional market underperformance, offering dividend...
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Get Current Report FreeRenaissance Services SAOG Overview
Pro stress-test →Renaissance Services SAOG operates as an accommodation, services solutions, and integrated facilities management company in the Sultanate of Oman and rest of the Middle East. The company provides quality service to over 250 sites across Oman. The company delivers comprehensive facilities management and marine services primarily to energy, defense, and other critical sectors.
Strategic Profile
Pro stress-test →The company positions itself as the leading accommodation, services solutions and IFM company in Oman, listed on the Muscat Stock Exchange. Renaissance operates two reportable segments: Marine services providing offshore supply vessels and other marine vessels on charter primarily to the oil and gas industry, and Contract services including accommodation solutions, facilities management, and contract catering. The business model emphasizes self-performing services and digital transformation through its HITEK platform.
Competitive Landscape
Pro stress-test →Imdaad, a Dubai-based facilities management company, is a significant competitor offering integrated FM, Hard FM, and environmental services across the GCC region. Other regional competitors include UFM in Kuwait and Elegancia Services in the UAE, all competing in integrated facilities management across the Middle East.
Industry Context
Renaissance Services SAOG operates in Diversified Support Services / Integrated Facilities Management.
Key facts
Founded: 1996 · Headquarters: Muttrah, Oman · Employees: 8,000 · Revenue: $288M · Market cap: $160M