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Home Sector Energy NMDC Group reports $3.65 billion revenue in H1 2025, net profit up 20 percent

NMDC Group reports $3.65 billion revenue in H1 2025, net profit up 20 percent

In Q2 2025, NMDC Group maintained its growth trajectory, reporting AED 7.1 billion in revenue, a 5 percent increase compared to Q2 2024
NMDC Group reports $3.65 billion revenue in H1 2025, net profit up 20 percent
NMDC Group continues to play a central role in advancing the UAE’s industrial strategy

NMDC Group, a leading name in engineering, procurement, construction, and marine dredging, has announced robust financial results for the first half of 2025, underscoring its operational excellence and strategic adaptability in a complex global environment.

Amid ongoing infrastructure development across the MENA region and a growing international footprint, the group recorded AED 13.4 billion in revenue for H1 2025  —a 10 percent increase year-on-year. Net profit also rose significantly, up 20 percent to AED 1.8 billion, reflecting enhanced operational and net profit margins.

With a reputation for delivering high-quality, tailored turnkey solutions, NMDC Group continues to demonstrate steady progress. Its project backlog stands at AED 66.2 billion, supported by AED 15.1 billion in newly awarded projects, while the total pipeline of potential projects now approaches AED 100 billion.

NMDC Group
NMDC Group recorded AED 13.4 billion in revenue for H1 2025 —a 10 percent increase year-on-year

Read: NMDC Group reports 22 percent rise in net profit to $213.45 million in Q1 2025

In Q2 2025, the group maintained its growth trajectory, reporting AED 7.1 billion in revenue, a 5 percent increase compared to Q2 2024. Net profit for the quarter rose 18 percent year-on-year to AED 971 million, driven by continued operational discipline and expanding profit margins.

Strategic moves in the second quarter included the acquisition of a 70 percent stake in Emdad, a UAE-based integrated oilfield services provider, by NMDC’s LTS business unit. This transaction diversifies the group’s portfolio and strengthens its position in the opex-driven oilfield services market.

H.E. Mohamed Thani Al Rumaithi, chairman of the board of directors, NMDC Group, said: “NMDC Group continues to play a central role in advancing the UAE’s industrial strategy, guided by our clear vision of delivering innovative solutions shaping the future. Our strong H1 performance reflects disciplined execution, strategic partnerships and a clear focus on national value. Beyond financial growth, we are expanding the country’s industrial base and strengthening our position as a trusted platform for global investment and sustainable growth.”

Engineer Yasser Zaghloul, Group CEO, NMDC Group, added: “Our H1 performance reflects the strength of our operating model and our ability to execute at scale. We have expanded technical capacity, accelerated localization and deepened our delivery footprint across key markets. Our strategic partnerships are already translating into new opportunities and long-term value. As demand for complex infrastructure grows, NMDC Group is leading – with speed, precision and impact.”

Mohamed Thani Al Rumaithi, Chairman of the Board of Directors, NMDC Group
Mohamed Thani Al Rumaithi, chairman of the Board of Directors, NMDC Group

At Make it in the Emirates (MIITE) 2025, NMDC Group signed five strategic agreements focused on exploring joint ventures aimed at enhancing local manufacturing and bolstering regional infrastructure. These partnerships reflect the group’s capacity to convert international collaborations into meaningful industrial growth within the UAE.

With a legacy spanning five decades, NMDC Group continues to build on its foundation of excellence, pursuing a strategy centered on sustainable growth, capability diversification, and sector leadership in marine and energy industries.

Looking ahead, the group remains committed to driving further revenue growth by strengthening its domestic market position and expanding into new verticals and global markets.

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