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Farnek secures security contracts worth over AED 10mn in H1-2021

by Kevin Vaz
April 21, 2023
in Facilities Management
Markus Oberlin, CEO – Farnek

Company to mobilise over 200 security guards as the firm wins new contracts across multiple sectors

UAE-based smart and green facilities management (FM) company Farnek has underscored its security credentials with new contract wins totalling AED 10.6mn (US$ 2.72mn) during the first half of 2021 in sectors including oil & gas, real estate, tourism and hospitality, construction, and education.

The company revealed in a press communiqué it has been contracted to mobilise 211 guards to locations across the UAE to provide a full spectrum of security services.

Farnek will use the Internet of Things (IoT), Cloud, Machine Learning (ML) and Artificial Intelligence (AI) based technologies as part of the company’s security operations, the press note continued.

“We have adopted a range of new technologies to ensure we remain at the forefront of the industry, which aligns us perfectly with our clients who demand a high level of technical ability when it comes to security services,” stated Markus Oberlin, CEO, Farnek.

Ahmed Farnek, Head of Security, Farnek.

Farnek has invested more than a million dollars into research and development in tech-driven initiatives, including its award-winning multifunctional smartwatch technology.

Further underscoring Farnek’s growth aspirations in the security sector is the appointment of Ahmed Salah as Head of Security. The Egyptian national will have an instrumental role in training, business development, risk management and will work closely with Farnek’s ICT division to ensure the seamless implementation of the latest security innovation and technology.

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