NMDC Group Profit Surges 26%, Backlog Hits Dh62.3 Billion in 2025

NMDC Group has reported strong financial results for the first nine months of 2025, posting Dh20.5 billion in revenue and Dh2.8 billion in net profit.

NMDC Group

NMDC Group has reported strong financial results for the first nine months of 2025, posting Dh20.5 billion in revenue and Dh2.8 billion in net profit, marking year-on-year increases of 11% and 26% respectively. The net profit margin expanded to 13.5%, reflecting robust execution and margin improvements across key markets.

The company’s future project pipeline remains healthy, with a backlog of Dh62.3 billion at the end of September and project awards totaling Dh17.7 billion during the period. International contracts now represent 38% of total awards, underscoring the Group’s strategic focus on overseas expansion. Notably, NMDC Energy secured a $104.2 million marina development contract in Salalah and a $1.13 billion subsea gas pipeline agreement in Taiwan.

Chairman Mohamed Thani Al Rumaithi emphasized NMDC’s capabilities, strategic partnerships, and precision execution as drivers of its performance. The group continues to support UAE’s industrial and economic growth ambitions, positioning itself as a trusted global integrator for complex, high-value projects.

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NMDC also strengthened growth platforms through a three-year collaboration agreement with ADNOC L&S, extended its partnership with Aramco, retained an AA ESG rating from MSCI, and expanded cooperation with Environment Agency – Abu Dhabi to protect marine environments and natural ecosystems.

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Omar Al-Fahim

Omar Al-Fahim

Omar is a financial analyst and columnist who writes about global markets, cryptocurrencies, and investment strategies in simple, reader-friendly language.

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