NMD Group has announced its financial results for the first nine months of the current year, revealing a year-on-year revenue increase of 11% to reach 20.5 billion dirhams. Meanwhile, net profits surged by 26% compared to the previous year, amounting to 2.8 billion dirhams, driven by a profit margin of 13.5% during this period.
In a statement, the company reaffirmed its commitment to advancing ongoing projects, which totaled a value of 62.3 billion dirhams by the end of September 2025, emphasizing its strategic focus on geographic expansion.
The total value of new projects amounted to 17.7 billion dirhams during the first nine months of 2025, with international markets contributing 38% of this total.
During the third quarter, NMD Group successfully entered the Philippine market with a $610.1 million project in Manila Bay and secured another project worth $104.2 million for the construction of a new marina in Salalah, Oman. Additionally, NMD Energy secured a USD 1.14 billion contract for engineering, procurement, and construction to implement offshore gas pipeline projects in Taiwan.
NMD Group continues to strengthen its portfolio of future projects, which totaled 89 billion dirhams by the end of September 2025, across various business units, including NMD Dredging and Marine, NMD Energy, and NMD Infra.
Mohammed Thani Al-Rumaithi, Chairman of NMD Group, stated: “NMD Group is reinforcing its position as a trusted global partner for both the public and private sectors across various fields in numerous countries. Our strong performance in the first nine months of 2025 reflects our deep capabilities and our ability to forge strategic partnerships, along with our high level of flexibility that enables us to execute projects with utmost precision. We undoubtedly hold a leading position that propels us forward in supporting the developmental aspirations of the UAE on both industrial and economic fronts, and we will continue to strengthen our standing as a reliable global partner specializing in executing complex projects that add significant value and showcase pioneering national achievements.”
Yasser Zaghloul, Chief Executive Officer of NMD Group, added: “Our outstanding performance during the first nine months of the year demonstrates the company’s operational efficiency and our ability to achieve synergy among our diverse business units, along with our ongoing focus on expanding our operations worldwide. This is reflected in our continued success in winning projects and executing them efficiently in diverse markets, supported by the high level of trust our clients place in us. We believe that our long-term strategic partnerships pave the way for promising prospects to implement solutions that contribute to the advancement of various industries and support national economies.”