The Middle East’s
Top 100 Listed
Companies 2022
78. National Marine Dredging Company
(NMDC) *
(NMDC) *
Country: U.A.E.
Sector: Industrials
Group CEO: Yasser Zaghloul
Market Value: $4.1 billion
Sales: $2.1 billion
Profits: $273 million
Assets: $3.5 billion
National Marine’s key markets are the GCC, Egypt, and India. In 2021, it completed the acquisition of the National Petroleum Construction Company. With a backlog of projects worth $6.5 billion in 2021, NMDC will launch a new name for the group in 2022. Its fleet includes 130 vessels, including 19 dredgers, and three floating booster stations.