United Arab Emirates News

Abu Dhabi’s EHC Investment Acquires Al Fanar Gas

Strategic Acquisition Strengthens EHC’s Role in Gas Industry, Enhancing Infrastructure and Innovation

Abu Dhabi’s EHC Investment Acquires Al Fanar Gas Group to Expand UAE Energy Sector

ABU DHABI – EHC Investment, through its energy subsidiary Emirates International Gas (EIG), has successfully acquired Al Fanar Gas Group, Abu Dhabi’s leading gas distributor and a key player in the UAE’s energy sector.

This strategic acquisition is a critical step in EHC’s long-term strategy to accelerate expansion, embrace technological advancements, and reinforce its position in the UAE’s changing energy market. It also corresponds with the UAE Energy Strategy, which aims to modernize infrastructure and increase gas industry efficiency.

Al Fanar Gas Group’s significant market presence and strong operational capabilities make it an important addition to the EIG portfolio. By leveraging combined skills, national infrastructure, and in-depth industry knowledge, the acquisition will streamline operations, improve service capabilities, and generate sustainable, creative gas solutions throughout the UAE.

Ali Al Gebely, Managing Director and Board Member of EHC Investment, stressed the importance of this decision, saying, “This milestone demonstrates our commitment to investing in high-value industries with long-term strategic importance. Our growth strategy is focused on sustainability, national priorities, and maintaining the UAE’s competitive advantage in the global energy market.”

EHC Investment’s CEO, Moustafa Rashad, praised the acquisition as a significant milestone for the organization. “This is more than just expanding our energy portfolio; it is a deliberate step toward creating a more resilient, interconnected, and forward-thinking energy network. By combining EIG’s experience with Al Fanar Gas Group’s vast reach, we hope to set new standards for excellence and innovation in the gas industry.”

Khaled Ben Said, Group CEO of Al Fanar Gas Group, expressed confidence in the cooperation, saying, “For more than 30 years, we have been a valued partner in the UAE’s energy sector. This acquisition allows us to increase our influence, open up new business opportunities, and develop next-generation solutions to satisfy changing client expectations and national energy goals.”

Al Fanar Gas Group currently serves over 100,000 customers and has completed over 5,000 projects, including major developments such as Al Reem Island, Yas Island, Saadiyat Island, Etihad Towers and Bluewaters Island.

Moving forward, EHC Investment’s immediate goal is to ensure a smooth integration process, while ensuring continuity of service for customers, employees and shareholders. This acquisition provides new markets, long-term relationships and a strong role in advancing the UAE’s energy security and innovation goals.

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