NMDC Group announced robust financial results for the first nine months of 2025
The Group’s backlog climbed to AED62.3 billion as of September 2025, supported by a strategic focus on geographic diversification. Total awarded projects reached AED17.7 billion in the first nine months of the year, with international markets contributing 38 percent of total awards.
Notably, NMDC Group marked its first entry into the Philippines with a US$610.1 million project in Manila Bay and secured a US$104.2 million contract to build a new marina in Salalah, Oman. In addition, NMDC Energy won a US$1,136 million EPC contract in Taiwan Province for a subsea gas pipeline project.
NMDC Group’s total project pipeline reached AED89 billion by the end of September 2025, spanning its diverse business verticals: NMDC Dredging & Marine (D&M), NMDC Energy, and NMDC Infra.
Mohamed Thani Al Rumaithi, Chairman of the Board of Directors of NMDC Group, said: “NMDC Group continues to be the leading global partner to private and public sector clients in diverse industries across different jurisdictions. Our strong nine-month performance reflects the depth of our capabilities, our ability to form strategic collaborations, as well as our agility to execute with precision.”
Eng. Yasser Zaghloul, Group CEO, NMDC Group, added: “Our nine-month performance is a reflection of our enhanced operational efficiency, our ability to create synergies across our increasingly diversified businesses, and our focus on expanding our international operations. This is underscored by our proven ability to capture and deliver projects successfully, reinforced by the confidence our clients place in us.”
The Group’s continued momentum highlights its position as a leading global engineering, procurement, construction, and marine services provider, leveraging innovation, efficiency, and strategic partnerships to deliver world-class infrastructure projects
