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Friday
October 30, 2026
The Port Journal

NMDC Group posts 9M 2026 financial results

NMDC Group has reported its financial results for the nine-month period ended September 30, with revenues increasing 4% Y-o-Y to AED 21.4 billion...

1 min read
NMDC Group posts 9M 2026 financial results
Photo: Dredging Today

NMDC Group has reported its financial results for the nine-month period ended September 30, with revenues increasing 4% Y-o-Y to AED 21.4 billion ($5.8B) and a net profit of AED 2.4 billion ($653.5M).

Commenting the news, Dr. Yasser Zaghloul, Group Chief Executive Officer of NMDC Group, said: “Our nine-month results reflect the resilience we have been building into NMDC Group for many years. In a more complex operating environment, our teams continued to deliver demanding projects safely across our markets, as we build capabilities that create value."

"We continue to invest responsibly in our fleet, including the recently inaugurated Abu Al Bakhoush, built to Green Passport certification, in AI and digital solutions that make our operations safer and smarter, and above all in our people. With a strong backlog and a clear international strategy, we are well positioned for our next phase of growth and remain committed to creating sustainable value for our clients, our communities, our people and our shareholders.”

Demonstrating its operational depth, NMDC Group continued to invest in fleet expansion and advanced marine capabilities.

This story was originally published by Dredging Today. Read the full story at Dredging Today →

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