Alpha Dhabi Acquires AED1.6bn Stake in NMDC Group

Significant Stake Increase in NMDC Group

Alpha Dhabi Holding PJSC has markedly increased its ownership in NMDC Group to 76.68 percent. This significant acquisition involved the purchase of 82.5 million shares from AD Ports Group, with the transaction valued at AED1.6 billion. This move not only enhances Alpha Dhabi’s portfolio but also solidifies its status as a key player in the UAE’s industrial sector.

Commitment to Economic Diversification

The acquisition highlights Alpha Dhabi’s ongoing commitment to bolstering Abu Dhabi’s economic diversification and sustainability initiatives. By acquiring nearly 10 percent of NMDC Group’s issued share capital, Alpha Dhabi aligns itself with broader national strategies that emphasize substantial investment in vital industrial sectors.

This strategic endeavor reflects a clear intention to nurture an inclusive, knowledge-based economy that both empowers local talent and promotes environmental sustainability.

Strategic Vision from Alpha Dhabi Leadership

Eng. Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding, emphasized the strategic significance of this acquisition. “This milestone acquisition underscores our commitment to investing in high-impact industrial verticals that support Abu Dhabi’s diversity and inclusion agenda,” he stated.

Al Ameri noted that the strategy focuses on identifying scalable opportunities that align with both national priorities and global trends. “Ensuring that industrial growth is matched by environmental responsibility and the empowerment of all segments of our society is paramount.”

Perspective from AD Ports Group

The deal has been characterized as a key component in AD Ports Group’s asset management strategy. Captain Mohamed Juma Al Shamsi, Managing Director and Group CEO of AD Ports Group, expressed that the arrangement reflects their commitment to managing assets intelligently. “The proceeds from this transaction will strengthen our financial position and capital structure,” he noted.

Al Shamsi pointed out that this initiative aligns with the Group’s mission of enhancing shareholder value while efficiently managing its asset portfolio. He underscored that under the guidance of UAE leadership, AD Ports Group aims to deploy its financial strengths effectively to facilitate trade.

NMDC Group’s Robust Performance

Despite the economic landscape, NMDC Group has reported compelling performance metrics. For the first nine months of 2025, revenues rose by 11 percent year-on-year, reaching AED20.5 billion, while net profits surged 26 percent to AED2.8 billion. These results underscore the group’s resilience and strategic market positioning.

The backlog for NMDC Group reached AED62.3 billion as of September 2025, bolstered by awards of AED17.7 billion in projects both domestically and internationally. This robust pipeline reflects the group’s continuous effort to expand its operational capabilities.

Notable Expansion and Achievements

NMDC Group has also made significant strides in international markets. Recently, the company entered into the Philippines with a AED2.2 billion project in Manila Bay. Furthermore, it secured a maritime project worth AED382 million in Salalah, Oman, and won a substantial AED4.2 billion EPC contract in Taiwan for a subsea gas pipeline.

These achievements attest to NMDC Group’s proactive approach in tapping into varied markets and leveraging opportunities for growth.

Sustainability and ESG Recognition

In addition to its financial successes, NMDC Group has maintained its AA ESG rating from MSCI for the second consecutive year, reflecting its commitment to environmental, social, and governance principles. This rating enhances the group’s credibility and stands as a testament to its dedication to sustainable practices within the industrial sector.

The expanded stake by Alpha Dhabi not only reinforces its industrial investments but also aligns with the principles of sustainability and local empowerment within the broader UAE economic framework.

Published on 1764324952 • Category: Industries,acquisition,AD Ports Group,Alpha Dhabi,NMDC Group