Abu Dhabi’s Alpha Dhabi Holding has strengthened its grip on NMDC Group, snapping up a $436 million stake previously held by AD Ports Group. The deal adds 82.5 million shares—nearly 10% of NMDC’s total equity—to Alpha Dhabi’s portfolio, pushing its total ownership to a commanding 76.68%.
NMDC, a powerhouse in energy, marine services, and EPC operations, has been riding a wave of growth, posting AED 2.8 billion in net profit over the first nine months of 2025—a 26% increase from the previous year.
With this move, Alpha Dhabi consolidates its presence in Abu Dhabi’s industrial and maritime sectors, signaling continued expansion ambitions in the MENA investment landscape.
