Dubai: Ajman Holding, Al Fanar Gas Services Group and G Investment said they have signed a partnership agreement to set up a new gas services company in Ajman.

Ajman Holding Chairman Shaikh Abdul Aziz Bin Humaid Al Nuaimi, Ajman Holding CEO Yahia Al Jasmi said the new company; Al Fanar International Gas Services Company, will allow his group to expand in energy-related activities.

The new company aims to expand in a number of northern emirates, and other areas.

Ajman Holding runs a wide range of economic and industrial projects in the emirate, while the Abu Dhabi-based Al Fanar was established in 1991 and rapidly expanded in many other areas which resulted in opening fully operational offices in Dubai, Al Ain, Northern Emirates, Saudi Arabia and Oman.