About Farnek
Farnek is a company based in Dubai (United Arab Emirates) founded in 1980. It operates as a B2B. Farnek offers products and services including Cleaning Services, Maintenance Services, Security Services, Hospitality Services, and Sustainability Consultancy. Farnek operates in a competitive market with competitors including CBRE, Imdaad, RA International, Emrill and Saned, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Business ServicesIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Farnek Services Llc
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Farnek
Farnek offers a comprehensive portfolio of products and services, including Cleaning Services, Maintenance Services, Security Services, Hospitality Services, and Sustainability Consultancy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides comprehensive internal and external cleaning for properties.
Handles MEP maintenance for buildings on contractual basis.
Offers guarding and surveillance for various facilities.
Delivers front office and concierge support for clients.
Focuses on energy saving and carbon reduction strategies.
Funding Insights of Farnek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Farnek
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Farnek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Farnek Comparisons
Competitors of Farnek
Farnek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CBRE, Imdaad, RA International, Emrill and Saned, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Property management, brokerage, and asset services are provided globally.
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Provider of diversified facility management services
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Provider of facility management services
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Offers hard and soft facilities management and security services in UAE.
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Provides facility management services, including maintenance, security, and operations support.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Farnek
Frequently Asked Questions about Farnek
When was Farnek founded?
Farnek was founded in 1980.
Where is Farnek located?
Farnek is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does Farnek do?
Farnek, established in the UAE since 1980, is a leading facility management company that delivers cleaning, maintenance, security, and sustainability consultancy services. It operates through innovative technology like IoT and AI, serving sectors such as aviation, hospitality, banking, and retail. With offices in Dubai, Abu Dhabi, and other emirates, Farnek manages over 2,500 properties for high-profile clients, focusing on energy efficiency and reliable solutions.
Who are the top competitors of Farnek?
Farnek's top competitors include CBRE, RA International and Imdaad.
What products or services does Farnek offer?
Farnek offers Cleaning Services, Maintenance Services, Security Services, Hospitality Services, and Sustainability Consultancy.