Alpha Dhabi Holding PJSC has acquired 82.5 million shares in NMDC Group from AD Ports Group, a deal valued at AED 1.6 billion. This purchase increases Alpha Dhabi’s ownership in NMDC Group to 76.68% of the company’s issued share capital.
The acquisition aligns with Abu Dhabi’s strategy to diversify its industrial sector and promote innovation within the economy. Alpha Dhabi stated that the move demonstrates its commitment to supporting local talent and fostering inclusive growth throughout society.
Eng. Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding PJSC, 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, commented: “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.”
NMDC Group reported revenue growth for the first nine months of 2025, with revenues rising by 11% year-on-year to AED 20.5 billion and net profit increasing by 26% year-on-year to AED 2.8 billion. The company also maintained an AA ESG rating from MSCI for a second consecutive year.
The group continues expanding internationally; as of September 2025 it had built up a project backlog worth AED 62.3 billion. In recent months NMDC entered new markets including the Philippines—securing an AED 2.2 billion project in Manila Bay—and Oman with an AED 382 million marina contract in Salalah. NMDC Energy was also awarded an EPC contract worth AED 4.2 billion for a subsea gas pipeline project in Taiwan.
NMDC has partnered with Environment Agency – Abu Dhabi on initiatives aimed at protecting marine environments from pollution and climate change.
Alpha Dhabi Holding indicated it will continue working alongside NMDC Group toward sustainable revenue growth while advancing Abu Dhabi’s vision for economic diversification.
