The new facility will be built over 224,000 sqm area and is expected to create 3,000 new jobs
National Marine Dredging Company
Latest in National Marine Dredging Company
Abu Dhabi
Abu Dhabi-based NPCC breaks ground for mega fabrication yard in Saudi Arabia
The National Marine Dredging Company subsidiary to construct a new 400,000 square meter fabrication yard in Ras Al Khair port; to be completed by 2026
Abu Dhabi Ports
Abu Dhabi Ports, National Marine Dredging Company sign agreement to form JV
The new venture will offer a portfolio comprising offshore surveys, trenching and dredging support services
100% foreign ownership
Middle East’s biggest courier Aramex increases its foreign ownership limit to 100 percent
The move makes it the “first onshore UAE company listed on the DFM to allow for full ownership of its free-floating shares by foreign investors”, the company said
Abu Dhabi
Abu Dhabi’s National Marine Dredging Company permits foreigners to own up to 49 percent of the firm’s capital
The decision will result in increased trading on the National Marine Dredging Company’s shares, increased liquidity, and international flows for the stock, raising its value in global trading indices such as the FTSE Russell and the MSCI
Abu Dhabi
AD Ports Group’s net profits soar to $232.2mn in 2021 driven by volume growth, diversification, and partnerships
General cargo volumes reached record levels of 45 million metric tonnes in 2021, up from 30 million metric tonnes in 2020
Aldar Properties
UAE’s Alpha Dhabi Holding posts 400% revenue jump to $5.1bn
Alpha Dhabi Holding cites healthcare, construction and hospitality verticals for significant growth in 2021
Abu Dhabi Ports
Abu Dhabi Ports acquires stakes in Aramex, National Marine Dredging Company
AD Ports now holds a 22.32% stake in Aramex and a 10% stake in NMDC as it seeks industry collaboration
Abu Dhabi
Marine major NMDC wins $350m deal for Khalifa Port expansion project
National Marine Dredging Company secures contract from AD Ports for the Shamal Development project
Abu Dhabi
UAE’s ADNOC awards $1.36bn contract to build artificial islands
National Marine Dredging Company will build islands in first phase of development of the Ghasha oil and gas concession
