NMDC Group Reports Strong Financial Growth in H1 2025

Photo: WAM

The NMDC Group, a well-known name in engineering, construction, and marine dredging around the world, has announced its financial results for the first half of the year 2025. The numbers show a strong and steady growth in both revenue and profit, thanks to the company’s ability to deliver high-quality, custom-made projects for its clients.

Strong Revenue and Profit Growth in H1 2025

In the first six months of 2025, NMDC Group reported a total revenue of AED13.4 billion. This is a 10 percent increase compared to the same period in 2024. This growth in income shows that the group’s operations are running smoothly and successfully.

Along with this, the company also made a net profit of AED1.8 billion, which is a 20 percent increase from last year’s first half. This is a strong sign that the group is not only making more money but also keeping more of that money as profit. It also shows that their profit margins—the money made after all costs—are improving.

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How Did NMDC Achieve This?

One of the biggest reasons for NMDC’s success is their ability to provide turnkey solutions. This means they manage everything from planning to completion, and deliver a complete, ready-to-use project to their clients. These projects are not only high in quality but are also designed specially to meet the unique needs of each client.

The group currently has a backlog worth AED66.2 billion. A backlog refers to projects that have been planned or agreed upon but are not yet completed. This is a good sign because it means the company has work lined up for the future.

In addition, NMDC also won new projects worth AED15.1 billion, further growing its list of upcoming work. Even more impressively, they are looking at a project pipeline worth nearly AED100 billion, which means they are in talks or bidding for even more work in the near future.

Second Quarter of 2025: Growth Continues

Focusing on the second quarter of 2025 (April to June), NMDC reported revenue of AED7.1 billion, which is 5 percent more than what they earned in the same quarter last year. This shows that the company is continuing to perform well.

The net profit in Q2 2025 was AED971 million, which is 18 percent higher than Q2 of 2024. Again, this reflects the company’s smart planning, efficient use of resources, and strong control over costs.

Key Business Move: Acquisition of Emdad

One of the most important highlights of Q2 2025 is the NMDC LTS business unit completing the acquisition of 70 percent of Emdad, a UAE-based company that provides services for oilfields. This move is important because:

• It gives NMDC entry into opex-driven oilfield services, meaning they can now support ongoing operations in the oil industry, not just building or constructing.

• It helps diversify NMDC’s business. This means they are not relying on just one type of work anymore.

• It creates new business opportunities in a sector that is always in demand—energy and oil.

This deal strengthens NMDC’s position in the UAE and opens up new possibilities in both regional and international markets.

Chairman's View: Supporting the UAE’s Industrial Strategy

Mohamed Thani Al Rumaithi, the Chairman of the Board of Directors at NMDC Group, shared that NMDC is playing a very important role in helping the UAE’s industrial strategy grow and succeed.

He stated that the company is not just focused on making profits. It also wants to:

• Support the UAE’s national goals.

• Form strategic partnerships that help the economy grow.

• Create more value within the country by supporting local industries and workers.

He also added that NMDC’s excellent performance in H1 2025 is the result of well-disciplined planning, team effort, and the clear vision of building a better and stronger future.

CEO’s Statement: Growth Through Smart Execution

Yasser Zaghloul, the Group CEO of NMDC, expressed pride in the company’s strong performance. He said that this success proves the strength of NMDC’s operating model—which includes how they plan, manage, and execute projects on a large scale.

Here are some key points he mentioned:

• The group has expanded its technical abilities, meaning it can now handle more advanced and larger projects.

• NMDC has increased its focus on local production and talent, helping grow the UAE’s economy from within.

• The company is serving more regions and markets, thanks to its improved delivery systems.

• Strategic partnerships are helping the group find new projects and generate long-term value.

Zaghloul also pointed out that as the demand for complex infrastructure continues to grow around the world, NMDC is ready to lead the way with its experience, speed, and precision.

What Does This Mean for the Future?

The strong financial performance in H1 2025, combined with a growing list of future projects, shows that NMDC is in a very strong position. The company is not just performing well financially—it is also planning smartly for the future.

By entering new markets, acquiring important companies like Emdad, and keeping a clear focus on quality and innovation, NMDC is preparing to become an even more important player in the global infrastructure and energy sectors.

• Revenue for H1 2025: AED13.4 billion (10% increase from H1 2024)

• Net profit for H1 2025: AED1.8 billion (20% increase)

• Revenue for Q2 2025: AED7.1 billion (5% increase)

• Net profit for Q2 2025: AED971 million (18% increase)

• Backlog: AED66.2 billion

• Newly awarded projects: AED15.1 billion

• Project pipeline: Nearly AED100 billion

• Key acquisition: 70% stake in Emdad (UAE oilfield services company)

• Chairman and CEO messages: Focus on innovation, local value, and global leadership

NMDC Group’s performance in the first half of 2025 is a result of strong planning, skilled teamwork, and smart decisions. The company has shown that it can adapt, grow, and lead—while also supporting the UAE’s vision for a better industrial future.

As NMDC continues to take bold steps, form global partnerships, and invest in future technologies, the company stands ready to build tomorrow’s world, one project at a time.