NMDC Group PJSC
AADX:NMDC25.68
AED
+0.40
(+1.58%)
ISIN
AEN000401010
Return %
Stock
S&P 500
1Y
14.44
14.20
3Y
27.38
81.12
5Y
88.82
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Yasser Nasr Mahmoud Zaghloul
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Abu Dhabi United Arab Emirates
- IPO Date
- Nov 15, 2000
- Website
- nmdc-group.com
- Similar Companies
- Business
- NMDC Group PJSC is an engineering, procurement, construction, and marine dredging contractor headquartered in Abu Dhabi, United Arab Emirates. Founded in 1976, the company delivers integrated marine infrastructure and energy development solutions to national oil companies, government entities, port authorities, and commercial developers across the Middle East, North Africa, South Asia, and East Asia. The company operates primarily through two core business divisions: Marine and Dredging, and Energy EPC. Its marine and dredging solutions encompass capital and maintenance dredging; land reclamation and artificial island construction; port, harbor, and marina civil infrastructure development; coastal defense, revetment, and breakwater construction; beach replenishment; deep-water trenching and seabed leveling; and environmental marine surveying and geotechnical assessment. Its energy engineering, procurement, and construction operations comprise turnkey onshore and offshore oil and gas facility development; design, fabrication, transportation, and installation of offshore production platforms, topsides, jackets, and subsea pipelines; construction of onshore gas processing plants, hydrocarbon storage facilities, and refineries; subsea power cabling; offshore decommissioning; and balance-of-plant EPC services for offshore wind and green energy installations. Through its industrial subsidiaries, including Emarat Europe, the group also manufactures and supplies precast concrete components, structural elements, and civil construction materials. In recent corporate developments, the company executed a comprehensive group-wide reorganization and rebranding from National Marine Dredging Company to NMDC Group PJSC, while simultaneously rebranding its key energy subsidiary, National Petroleum Construction Company, to NMDC Energy. In September 2024, NMDC Group completed the initial public offering of a minority stake in NMDC Energy on the Abu Dhabi Securities Exchange, raising 3.22 billion United Arab Emirates dirhams. The group has also expanded its geographic footprint and project portfolio through multi-billion-dollar contract wins and strategic partnerships, including major engineering and construction packages for the Hail and Ghasha offshore sour gas development, the Ruwais liquefied natural gas export facility, and expanded offshore infrastructure agreements with Saudi Aramco.