The Abu Dhabi-based NMDC Group has announced a robust financial performance for the first nine months of 2025, with revenues climbing to Dh20.5 billion, marking an 11% year-on-year increase. Net profit soared by 26% to Dh2.8 billion, driven by efficient project execution, expanded margins, and strategic international market expansion. The engineering and marine dredging conglomerate, listed on the Abu Dhabi Securities Exchange, reported a net profit margin of 13.5% during this period. The company’s project backlog stood at Dh62.3 billion as of September, with Dh17.7 billion in new project awards, 38% of which originated from overseas markets. Notably, NMDC secured significant contracts, including a Dh2.24 billion project in Manila Bay, Philippines, a Dh382.7 million marina construction in Salalah, Oman, and a Dh4.17 billion subsea gas pipeline project in Taiwan. The Group’s total project pipeline reached Dh89 billion, encompassing its five business units: NMDC Dredging & Marine, NMDC Energy, NMDC Infra, NMDC Engineering, and NMDC LTS. Chairman Mohamed Thani Al Rumaithi highlighted the company’s strategic agility and execution capabilities, emphasizing its role as a trusted global partner for high-value, complex projects. Group CEO Eng. Yasser Zaghloul attributed the success to operational efficiency and diversification, underscoring the importance of international expansion and client confidence. Additionally, NMDC reinforced its regional energy development role through a three-year collaboration with ADNOC Logistics & Services and an extended partnership with Saudi Aramco. On the sustainability front, NMDC maintained its AA ESG rating from MSCI for the second consecutive year and deepened its partnership with the Environment Agency – Abu Dhabi to protect marine ecosystems. Looking ahead, NMDC remains committed to driving growth by strengthening its presence in local and international markets.