Fares for Networks and Information Technology

What Fares for Networks and Information Technology does

Fares for Networks and Information Technology (FARES / Fares-MENA) is a privately-held Libyan enterprise IT services provider headquartered in Tripoli that has operated since 2003. The company designs, implements, and maintains enterprise IT infrastructure for large organizations across banking, oil & gas, healthcare, telecommunications, and government sectors, with a documented customer base that includes Wahda Bank, North Africa Bank, Libyan Foreign Bank, Benghazi Medical Center, Almadar, Libyana, and international oil majors including Exxon Mobil, Total, BP, Repsol, Halliburton, and Baker Hughes.

Its core offerings are organized into four service lines: Data Center Solutions (full design-to-commissioning delivery with mechanical and electrical infrastructure targeting 99% uptime), Networking Solutions (cabling, network design, installation, and project scoping), Core Banking Solutions (end-to-end IT stacks for financial institutions spanning hardware, core banking software, and implementation), and Intelligent Systems (tailored security solutions). The underlying technology stack is built on deep multi-vendor OEM partnerships — flagged as Core tier with Cisco, Oracle, Dell EMC, and HP, and Major tier with Huawei, Fortinet, Juniper, Stulz, Schneider Electric, and Eaton — enabling FARES to act as a single point of accountability for heterogeneous enterprise IT deployments.

FARES generates revenue through professional services (survey, planning, implementation, and support), hardware sales (computing and networking equipment), and recurring maintenance contracts on deployed networks. Pricing is quote-based and not publicly disclosed; go-to-market is enterprise direct sales targeting IT and procurement functions at large Libyan organizations, with brand positioning (Fares-MENA domain, bilingual English/Arabic website, 'services around the Middle East' messaging) signaling intent to broaden beyond the domestic Libyan market.

Name

Fares for Networks and Information Technology

Legal name

Fares for Networks and Information Technology

Website

https://fares-mena.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Fares for Networks and Information Technology (FARES) is a privately-held Libyan enterprise IT services provider, founded in 2003 and headquartered in Tripoli, delivering data center, networking, core banking, and security solutions to banks, oil & gas majors, telecom operators, healthcare, and government clients across Libya and the wider MENA region.

Ownership category

akta.pro rank

Headquarters

HQ city

Tripoli

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. IT Infrastructure Services: Comprehensive IT services including survey, planning, implementation, and support for data centers, networks, banking systems, and intelligent systems
2. Hardware Sales: Sale of computing equipment, networking hardware, servers, storage solutions, and related IT equipment
3. Maintenance and Support Contracts: Ongoing maintenance contracts for network implementations and IT systems

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Fares for Networks and Information Technology (FARES) is an enterprise IT infrastructure systems integrator that delivers four integrated service lines: Data Center Solutions (full design, build, and commissioning with 99% uptime), Networking Solutions (cabling, design, installation, and project scoping), Core Banking Solutions (end-to-end IT stack for financial institutions), and Intelligent Systems (tailored security solutions). The company operates since 2003 in Libya, serving enterprises with professional survey, planning, implementation, and ongoing maintenance services built on multi-vendor technology partnerships.

Product overview

Fares for Networks and Information Technology is an IT services company that offers a portfolio of four integrated service offerings: Data Center Solutions (covering design, construction, and commissioning of data center facilities with mechanical and electrical systems), Networking Solutions (cabling, network design, and installation services), Core Banking Solutions (complete solutions for financial institutions including hardware, software, and implementation), and Intelligent Systems (security solutions). The company has operated since 2003 providing IT goods and services to the Libyan market with a focus on data networking infrastructure and computing equipment sales.

Differentiator

Problem solved

Functional benefit

Products and services

• Data Center Solutions Complete data center solutions from initial design stage through full erection and final commissioning, including all mechanical and electrical infrastructure required to achieve 99% uptime. Delivered to enterprise customers including banks, hospitals, and oil and gas companies in Libya.
• Networking Solutions Enterprise networking infrastructure services including cabling system installation, consultancy, network design and installation, cost estimation, and project scoping. Served various contractors, government entities, and private companies across Libya with full cabling and network implementation needs.
• Core Banking Solutions Complete end-to-end IT solutions for financial enterprises including surveys, plans, networking, hardware, management software, core banking software, auxiliary hardware and software, and full implementations. Designed for banks and financial institutions requiring comprehensive IT infrastructure.
• Intelligent Systems Tailored security solutions for organizations throughout Libya, committed to delivering state-of-the-art intelligent security systems. Covers enterprise security infrastructure including access control, surveillance, and integrated security architectures.
• IT Maintenance and Support Contracts Ongoing maintenance contracts and technical support services for network implementations and IT systems deployed by FARES. Includes multi-year maintenance engagements (2-5 year contracts) covering enterprise network infrastructure, data centers, and installed IT systems for clients in banking, oil and gas, healthcare, and government sectors.

Quantifiable outcome

• Data centers with 99% uptime capability
• +2 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and major.

• CiscocoreTechnology or IntegrationPrimary networking technology partner providing switches, routers, access points, and data center infrastructure including Cisco Nexus 7010 and Cisco Catalyst series switches used across enterprise implementations
• OraclecoreTechnology or IntegrationOracle systems partner providing database and engineering system hardware solutions for enterprise customers including banking sector implementations
• Dell EMCcoreTechnology or IntegrationServer and storage solutions partner providing Dell blade servers (M1000e, M520, M610), EMC storage systems (Clariion, Celera, Centera), and Data Domain for enterprise data center implementations
• HP/Hewlett Packard EnterprisecoreTechnology or IntegrationServer and blade infrastructure partner providing HP hardware solutions for enterprise data center and banking system implementations
• HuaweimajorTechnology or IntegrationNetworking equipment partner for enterprise network installations including switches and routers
• FortinetmajorTechnology or IntegrationCybersecurity and firewall solutions partner providing network security infrastructure for enterprise implementations
• Juniper NetworksmajorTechnology or IntegrationNetwork security partner providing Juniper firewalls (ISG1000) and intrusion detection/prevention systems (IDP) for enterprise network security implementations
• StulzmajorTechnology or IntegrationData center cooling solutions partner providing specialized air conditioning systems for enterprise data centers
• Schneider ElectricmajorTechnology or IntegrationPower infrastructure partner providing UPS systems and power distribution solutions for data centers
• EatonmajorTechnology or IntegrationUPS and power protection solutions provider for data center and enterprise implementations (36KVA and 60KVA UPS systems)

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Sahara Net: Libya-based IT and internet services company offering enterprise connectivity and IT services within the same Libyan market as FARES. Comparable as a home-market competitor for enterprise IT contracts in banking and government.

Direct peers

• eHosting DataFort: UAE-based managed IT services and data center provider serving enterprise customers across the Middle East. Comparable to FARES in offering IT infrastructure services with regional MENA reach and enterprise customer orientation.
• Al Moammar Information Systems (MIS): Saudi-based IT services and solutions provider focused on enterprise infrastructure, networking, and data center implementations for banks, hospitals, and government entities — directly analogous to FARES' customer verticals and project-based delivery model.
• Gulf Business Machines (GBM): UAE-headquartered IT solutions provider and IBM partner delivering enterprise infrastructure, networking, data center, and managed services across the MENA region — directly comparable to FARES in terms of multi-vendor integration, data center focus, and enterprise/government/banking customer base.
• Bakheet IT: Saudi-based IT solutions and services provider focused on enterprise infrastructure and networking implementations. Comparable to FARES in offering multi-vendor enterprise IT rollouts with similar vendor partner ecosystem.
• Moro Hub (du subsidiary): UAE-based data center and managed services provider offering colocation, cloud, and enterprise IT services. Comparable to FARES' data center design and managed services offering and regional MENA enterprise focus.
• Injazat Data Systems: UAE-based provider of data center, cloud, and managed IT services to enterprise and government clients. Comparable to FARES in offering integrated IT infrastructure services and operating in a regional MENA context with similar vendor-partner-led delivery model.
• ACS (Arabian Computer Services): Saudi Arabian IT services and solutions provider delivering enterprise infrastructure, networking, and security implementations across banking, government, and telecom — directly comparable to FARES in vendor-partner-led enterprise IT delivery in MENA.

Broad incumbents

• HPE (Hewlett Packard Enterprise) Services: Global IT infrastructure vendor and systems integrator whose enterprise services compete with FARES at the high end of the Libyan market. Comparable as a broad incumbent offering overlapping compute, storage, and data center services to the same enterprise customer base.
• Cisco Systems (Services): Global networking and infrastructure vendor whose professional and managed services compete with FARES' networking implementation business. Comparable as a broad incumbent that could bypass local integrators by selling and delivering directly to Libyan enterprise customers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fares-for-computers-and-it-solutions

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fares for Networks and Information Technology