EHC Investment, through its energy division Emirates International Gas (EIG), has successfully completed the acquisition of Al Fanar Gas Group. This company is recognized as Abu Dhabi’s largest gas distributor and maintenance provider, as well as one of the leading gas service firms in the UAE.

This strategic acquisition is expected to enhance EHC’s long-term growth and technological advancement goals while reinforcing its role in the UAE’s dynamic energy sector. The move aligns with the broader objectives outlined in the UAE Energy Strategy, which emphasizes infrastructure modernization and improved operational efficiency within the gas industry.

By acquiring Al Fanar Gas Group, EIG seeks to leverage the company’s extensive technical expertise, nationwide operational network, and strong market presence. This integration will streamline processes and enhance service capabilities, positioning EIG to provide innovative, efficient, and sustainable gas solutions throughout the region.

Ali Al Gebely, Managing Director and Board Member of EHC Investment, remarked that this milestone is a testament to their commitment to investing in sectors that promise long-term value and strategic importance. He emphasized that their energy portfolio expansion is guided by a vision centered on sustainable growth and national priorities.

Moustafa Rashad, Chief Executive Officer of EHC Investment, explained that this acquisition signifies more than just portfolio expansion; it represents their ambition to significantly influence the future of the UAE’s energy landscape. He noted that by merging the strengths of Al Fanar Gas Group and EIG, they are establishing a more integrated and resilient energy network that will contribute to economic growth and sustainability.

Khaled Ben Said, Group Chief Executive Officer of Al Fanar Gas Group, stated that their company has been a trusted partner in the UAE’s energy sector for over 30 years. He conveyed optimism that this acquisition will enhance their commitment while opening new opportunities for growth and innovation.

Al Fanar Gas Group serves a wide range of over 100,000 clients and operates branches across all seven emirates. The company has successfully completed over 5,000 projects, including key developments like Al Reem Island, Yas Island, Saadiyat Island, Etihad Towers in Abu Dhabi, and Bluewaters Island in Dubai.

The immediate focus following the acquisition will be to ensure a smooth integration process, with an emphasis on continuity for customers, employees, and partners. This acquisition sets the stage for exploring new growth opportunities, entering untapped markets, and fostering long-term partnerships that bolster the UAE’s energy security and innovation objectives.