Construction & Real Estate

NMDC Group achieves $435m net profit for first half

NMDC Group, a global leader in integrated marine, energy, construction, logistics, and engineering solutions, today reported a 6% increase in revenues for the first half of 2026 (H1 2026), reaching AED14.1 billion ($3.84 billion), compared to AED13.4 billion in the same period last year....

Construction & Real Estate

NMDC Group posts $1bn net profit for 2025, up 29%

NMDC Group, a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.84 billion), up 10% y-o-y. Net profit surged 29% y-o-y to cross the AED4.0 billion ($1.089 billion) mark....

Construction & Real Estate

AD Ports sells its 9.77% stake in NMDC to Alpha Dhabi

AD Ports Group, a leading global facilitator of trade, logistics, and industry, today announced the sale of its 9.77% stake in NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, to Alpha Dhabi Holding for AED1.6 billion ($436 million)....