The NMDG Group, a company specializing in engineering, supply, construction, and marine dredging, has announced its financial results for the first half of 2025, reporting revenues of 13.4 billion dirhams, marking a 10% year-on-year growth.
During the same period, NMDG Group’s net profit surged by 20% to reach 1.8 billion dirhams, illustrating a clear enhancement in profitability margins and operational efficiency. The group continues to achieve stable and effective growth, due to its capability to deliver integrated, high-quality solutions tailored to meet client needs.
The group stated yesterday that the total value of ongoing projects has reached 66.2 billion dirhams, bolstered by new contracts valued at 15.1 billion dirhams by the end of the second quarter. Looking ahead, the company is actively participating in tenders worth approximately 100 billion dirhams, maintaining momentum for future projects.
In the second quarter of 2025, the group’s revenues increased by 5% year-on-year, reaching 7.1 billion dirhams, while net profits amounted to 971 million dirhams, reflecting an 18% growth compared to the same period last year. This growth indicates strong operational discipline and improved cost management, alongside rising profit margins.
Additionally, the logistics and technology division, NMDG LTS, completed an acquisition of a 70% stake in Emdaad, a UAE-based company specializing in integrated oilfield services. This strategic move is expected to open new avenues for the group and diversify its portfolio within the oilfield services sector.
Mohammed Thani Al Rumaithi, Chairman of NMDG Group, stated that the group continues to play a pivotal role in supporting the UAE’s industrial development strategy, relying on an ambitious vision focused on innovation and industrial integration. He emphasized that the results reflect the commitment to enhancing national value through strategic partnerships and effective implementation, positioning the group as a key driver of industrial and investment growth both locally and regionally.
Meanwhile, Yasser Zaghloul, the group’s CEO, reaffirmed the commitment to advancing technical capabilities, accelerating localization efforts, and bolstering the group’s presence in priority markets. He noted that strategic partnerships are generating tangible opportunities and sustainable value. With the increasing demand for advanced infrastructure projects, NMDG Group continues to lead efficiently and flexibly, emphasizing the delivery of precise solutions that align with future requirements.