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Sunday, November 30, 2025 23:45 GMT

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Top News of UAE

AD Ports Sells NMDC Stake to Alpha Dhabi

published:30/11/2025 11:57 GMT

AD Ports Group, a leading global facilitator of trade, logistics, and industry, today announced the sale of its 9.77% stake in NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, to Alpha Dhabi Holding for AED1.6 billion (US$435.67 million). Alpha Dhabi Holding is one of the fastest-growing investment holding companies in the MENA region. AD Ports Group received its stake in NMDC from Abu Dhabi Developmental Holding Company – ADQ ahead of its listing in...More


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