Arabia Gaz was founded on 24th of June 2003 under the Egyptian Guarantee and Incentive of Investments Law number 8/97, to design, build, operate and maintain Compressed Natural Gas (CNG) refueling and conversion stations in Egypt. The shareholders are CTIP Oil & Gas of Italy (40%) and private Egyptian investors (60%). Arabia Gaz belongs to an industrial group, operating in different fields of Oil & Gas market, mostly in the Mediterranean and Middle East areas. The other companies of the group are CTIP Oil & Gas of Italy (Engineering & Contracting), National Gas S.A.E. of Egypt (distribution of natural gas to domestic, commercial and industrial clients), RM Technologies (natural gas projects for applications in the industrial and commercial sectors in Egypt and Middle East), FORCO Technologies (development and implementation of technology and process in Oil & Gas industry).