AD Ports Sells NMDC Stake to Alpha Dhabi for $436 Million

AD Ports sells stake in NMDC Group to Alpha Dhabi Holding for AED 1.6 billion ($436 million). The transaction transfers a 9.77% shareholding and stands as AD Ports Group’s third divestment of non-core assets in 2025. This step allows AD Ports to refine its portfolio and channel funds into projects that promise higher returns while bolstering its balance sheet.​

Deal Details Emerge

AD Ports Group hands over shares it originally picked up from ADQ before NMDC listed on the Abu Dhabi Securities Exchange in 2022. The investment delivered a solid 17% total shareholder return over less than four years, fueled by dividends and capital appreciation. CEO Mohamed Juma Al Shamisi points out that the sale fits perfectly with efforts to sharpen asset management and build financial resilience amid a net debt of AED 17 billion as of late September 2025.​

Alpha Dhabi Boosts Holdings

Alpha Dhabi Holding elevates its ownership in NMDC Group to roughly 77% through this purchase. The Abu Dhabi Securities Exchange-listed firm eyes growth in industrial segments that drive the emirate’s economic diversification. CEO Hamad Salem Al Ameri stresses how the deal reinforces Alpha Dhabi’s commitment to key sectors under UAE’s industrial strategy.​

NMDC Group Advances

NMDC Group locks in major wins like a AED 2.2 billion Manila Bay dredging project in the Philippines and a AED 382 million marina in Oman. The company posts a 26% net profit surge to AED 2.8 billion in the first nine months of 2025, thanks to strong dredging and civil works demand. Alpha Dhabi’s increased control positions NMDC to tackle more global marine infrastructure jobs.​

Strategic Portfolio Shift

AD Ports Group sheds other assets this year, such as land in Khalifa Economic Zones and logistics warehouses, to streamline focus. Proceeds from these moves, including the NMDC sale, target debt reduction and fresh investments in core maritime operations. The firm commits to regular portfolio reviews that unlock value and lift shareholder returns through targeted capital use.​

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