57. NMDC Group

Country: U.A.E.
Sector: Industrials
Group CEO: Yasser Zaghloul
Market Value: $5.9 billion
Sales: $4.5 billion
Profits: $587 million
Assets: $5.7 billion

Founded in 1976, NMDC Group provides dredging, reclamation, and marine construction projects in energy and marine services, engineering, procurement, and construction across MENA and South Asia. In October 2023, the NMDC group announced the official launch of its new brand identity, which will be applied to all the group’s subsidiaries, including NMDC Dredging & Marine, NMDC Energy, NMDC Engineering, and NMDC Construction. It owned a marine fleet of more than 120 vessels as of December 2023. In January 2024, ADNOC awarded NMDC Group the DAS Island Reclamation Project for TAMKEEN with a total value of $56.9 million.