Abu Dhabi – Mubasher: EHC Investment, through its energy arm Emirates International Gas (EIG), has fully acquired of Al Fanar Gas Group, an Abu Dhabi-based leading gas distributor and maintenance provider and one of the most prominent gas service companies in the UAE.
The takeover of Al Fanar Gas aims to reinforce EHC’s long-term vision for growth, agility, and technological advancement while strengthening its role in shaping the UAE’s evolving energy landscape, according to a press release.
Managing Director and Board Member of EHC Investment, Ali Al Gebely, said: “This milestone reflects our continued commitment to investing in resilient sectors that offer long-term value and strategic relevance.”
Al Gebely noted: “As we expand our energy portfolio, we are guided by a clear vision that focuses on sustainable growth, national priorities, and competitive market fundamentals.”
Moreover, the acquisition will enable EIG to combine decades of technical expertise, nationwide operational infrastructure, and deep market knowledge.
Al Fanar Gas serves a diverse portfolio of more than 100,000 clients, operates branches across all seven emirates, and has successfully delivered over 5,000 projects, including landmark developments like Al Reem Island, Yas Island, Saadiyat Island, Etihad Towers in Abu Dhabi, and Bluewaters Island in Dubai.
Furthermore, the transaction will streamline processes, expand service capabilities, and position EIG to deliver more innovative, efficient, and sustainable gas solutions across the region.
From his side, Moustafa Rashad, CEO of EHC Investment, stated: “This acquisition is more than an expansion of our portfolio; it reflects our vision to play a pivotal role in shaping the future of the UAE’s energy landscape.”
Rashsad elaborated: “By bringing together the strengths of Al Fanar Gas Group and EIG, we are laying the foundation for a more integrated, resilient, and innovative energy network that supports economic growth and long-term sustainability.”
The CEO concluded: “We focus on delivering lasting value to our communities and setting new benchmarks for excellence across the energy sector.”
Looking ahead, the immediate focus will be on ensuring a smooth and efficient integration process, with an emphasis on continuity for customers, employees, and partners.
This acquisition lays the groundwork for unlocking new growth opportunities, exploring untapped markets, and fostering long-term partnerships that support continued success and contribute to the UAE’s energy security and innovation goals.
Group CEO of Al Fanar Gas, Khaled Ben Said, noted: “For over 30 years, Al Fanar Gas has been proud to serve as a trusted partner in the UAE’s energy sector. This acquisition will allow us to strengthen that commitment while unlocking new avenues for growth and innovation.”
Ben Said concluded: “Together, we can utilize our combined capabilities to expand our reach and to pioneer next-generation solutions that meet the dynamic demands of our clients and contribute to the nation’s energy ambitions.”