66. National Marine Dredging Company (NMDC)

Country: U.A.E.
Sector: Industrials
Group CEO: Yasser Zaghloul
Market Value: $4.9 billion
Sales: $2.9 billion
Profits: $355 million
Assets: $4.4 billion

NMDC executes engineering, procurement, and construction contracts, dredging contracts, and associated land reclamation operations in the U.A.E.'s territorial waters. The company was established in 1979 in Abu Dhabi and today employs 11,908 people. Its fleet includes 27 dredges, 83 support crafts, and 19 vessels. The corporation operates in Bahrain, Egypt, Saudi Arabia, India, Kuwait, Maldives, and East Africa. In 2022, NMDC was awarded $1.5 billion in energy EPC contracts in the U.A.E. with ADNOC, as well as $680.7 million in regional projects with Aramco. The company also won a $272.3 million project for canal dredging with Egypt's Suez Canal Authority.