NMDC Group reports a strong H1 2025 performance with a strategic acquisition of a 70% stake in Emdad, positioning itself for growth in the oilfield services market.

Information on the Target

NMDC Group (ADX: NMDC) is a prominent player in the engineering, procurement, construction, and marine dredging sectors. Based in Abu Dhabi, UAE, the group has established itself as a global leader by demonstrating operational excellence and strategic adaptability. In its financial results for the first half of 2025, NMDC reported impressive figures, with revenues reaching AED 13.4 billion, marking a 10% year-on-year increase, and net profit rising by 20% to AED 1.8 billion. The company is supported by a robust backlog valued at AED 66.2 billion, fueled by AED 15.1 billion in awarded projects, highlighting its ability to maintain a strong project pipeline valued at approximately AED 100 billion.

Industry Overview in the UAE

The UAE's economy, particularly in the engineering and construction sectors, continues to expand due to significant infrastructure development initiatives. The government’s commitment to diversifying its economy beyond oil has further propelled growth in these industries, fostering an environment ripe for investment and innovation. This diversification strategy is evident in projects aimed at enhancing national infrastructure, optimizing growth in manufacturing, and creating new job opportunities.

The region has witnessed increased demand for construction services, driven by large-scale developments in housing, commercial sectors, and renewable energy projects.