Farnek Wins Contracts Worth Over AED 50 Million

The 16 new Abu Dhabi contracts bagged by Farnek covers various sectors

Farnek’s business development team has won 16 new contracts in the UAE capital so far this year, with a combined revenue of more than AED 50 million. The scope of work across these contracts includes cleaning, maintenance, security, hospitality and Total Facilities Management, covering a variety of vertical sectors such as education, prestige properties, food processing, residential towers and a sports complex.

Derek Ford, Senior Director Business Development & Key Accounts at Farnek, said: “These latest contract wins are a testimony to our extensive service offering, comprehensive understanding of market demand across various sectors in Abu Dhabi and our market-leading position in terms of technical ability and sustainability.”

By embracing the Internet of Things (IoT), Cloud, Machine Learning (ML) and Artificial Intelligence (AI) based technologies as part of the company’s security operations, Farnek is steadily increasing its market share particularly in Abu Dhabi, landing over AED 10 million in new security contracts last year and deploying more than 200 guards in the oil & gas, real estate, tourism and hospitality, construction, and education sectors.