FAB Properties joins with Emirates International Gas for LPG supply in UAE

Abu Dhabi-based real estate service provider, FAB Properties has partnered with Emirates International Gas (EIG) to provide gas supply services to all its residential, commercial and industrial properties.

As part of the agreement, EIG will act as a service provider for liquefied petroleum gas (LPG) supply and maintenance services, to all residential, commercial, industrial properties owned or managed by FAB Properties.

EIG is a unique gas service provider company in the LPG, Natural Gas (NG) & Synthetic Natural Gas(SNG) owned by IHC Utilities, ETHMAR Holdings, & Al Fanar Gas Group.

“FAB Properties believes the collaboration with Emirates International Gas bears strong testimony to the shared vision of both organizations to adopt world-class standards and best practices to serve residential, commercial and industrial developments. As one of the UAE’s leading real estate service providers, we are committed to delivering market-leading solutions and services.”

Moustafa Rashad, CEO of Emirates International Gas, said, “Emirates International Gas & FAB Properties both have enormous expertise in various domains in real estate management and Gas Asset Management, both organizations brought up the interest to associate together in a Partnership agreement, that serves the mutual vision of the parties.”

FAB Properties, the subsidiary of FAB Bank, the largest bank in the UAE, manages a diversified portfolio of more than 20,000 units across different market segments. 

The mission of FAB Properties is to offer exceptionally high caliber services in the professional real estate market, creating sustainable long-term value for its clients and for the landlords who utilize its management services for their properties.

Related: Qatar’s LNG expansion projected to increase economic growth; Report