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Other Investments
Renaissance Services SAOG (Renaissance) owns 1.25% stake in IMTAC owned by Oman based Suleiman and Menon Investments LLC (SMI) which is a part of Services & Trade / Sobha Group. Until 2007, Renaissance fully owned Imtac and divested a majority holding to SMI with effect from 1 January 2008. Renaissance has retained a token minority stake in this successful company and continues to play its full part as Imtac grows the IT space nationally and in its international ambitions.
Imtac offers turnkey technology solutions and services in the fields of information technology, healthcare informatics, medical equipment, telecommunication, education, transport and e-governance. IMTAC is the leading Business Technology company
in the GCC region with direct operations in Oman, UAE, Yemen and Qatar; and has successfully completed large projects in these countries as well as Saudi Arabia, Bahrain, Republic of Seychelles, Tanzania, Kenya, Azerbaijan and Cyprus.
Please visit www.imtac.com for more details on company operations, solutions portfolio and services. |