Alpha Dhabi Holding PJSC has strengthened its position in the UAE’s industrial landscape with a new AED 1.6 billion deal to acquire an additional 82,500,000 shares in NMDC Group from AD Ports Group. The transaction, representing 9.77 percent of NMDC Group’s issued share capital, raises Alpha Dhabi’s overall stake to 76.68 percent. The investment aligns closely with Abu Dhabi’s wider ambitions to expand its industrial base, diversify the economy, and reinforce long-term self-sufficiency.
The move reflects the Group’s confidence in NMDC Group’s strategic direction and future growth prospects, while also tying into the emirate’s plans for a knowledge-led, innovation-driven economic model. The company said the expanded stake supports its commitment to inclusive development, particularly through cultivating a workforce that reflects the UAE’s wider social and economic goals. Both Alpha Dhabi and NMDC Group view this strengthened partnership as a way to back national priorities relating to talent, diversity and wider participation, including opportunities for women, young professionals and underrepresented communities.
Eng. Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding PJSC of Alpha Dhabi Holding, said: “This milestone acquisition underscores our commitment to investing in high-impact industrial verticals that support Abu Dhabi’s diversity and inclusion agenda. Our strategy is rooted in identifying scalable opportunities that align with national priorities and global trends, ensuring that industrial growth is matched by environmental responsibility and the empowerment of all segments of our society.”
Captain Mohamed Juma Al Shamsi, Managing Director and Group CEO, AD Ports Group, said: “This agreement with Alpha Dhabi is a result of the Group’s durable commitment to intelligently managing its assets and value creation strategies, with the proceeds strengthening the Group’s financial position and capital structure. Under the wise guidance of our leadership in the UAE, AD Ports Group is focused on efficiently managing its asset portfolio, and deploying its financial strengths, to increase shareholder value, enhance the services delivered to our customers, and fulfil our primary mission of enabling trade. In the future, we will continue to actively manage our asset base to unlock and maximise value.”
Alpha Dhabi’s expanded stake comes at a time when NMDC Group is reporting significant financial growth. For the first nine months of 2025, the company posted an 11 percent year-on-year rise in revenue to AED 20.5 billion, while net profit increased by 26 percent to AED 2.8 billion. Its net profit margin reached 13.5 percent during the same period. NMDC Group also retained its AA ESG rating on MSCI for the second consecutive year.
Alongside its financial gains, NMDC Group continues to develop a substantial project pipeline, with its backlog standing at AED 62.3 billion as of September 2025. The Group’s strategy of international expansion has played a central role, with total awarded projects reaching AED 17.7 billion in the first nine months of the year. International markets accounted for 38 percent of these new awards. Key recent wins include a AED 2.2 billion project in Manila Bay: a AED 382 million marina construction project in Salalah, Oman, and a AED 4.2 billion EPC contract in Taiwan for a subsea gas pipeline.
The Group has also reinforced its environmental commitments through its partnership with the Environment Agency, Abu Dhabi, developing a framework covering 13 priority areas related to marine protection, climate impacts, and safeguarding natural ecosystems.
Looking ahead, Alpha Dhabi Holding and NMDC Group say they will continue to prioritise sustainable growth, strengthening their presence across domestic and global markets while advancing Abu Dhabi’s long-term vision for a dynamic, inclusive and diversified economy.
