Essayer OR - Gratuit
NEW SHORES
Forbes Middle East - English
|June 2024
Yasser Zaghloul, Group CEO of the NMDC Group, has spearheaded considerable growth for the company since taking the helm in 2009. While the group builds new islands, he's building a global plan.
The U.A.E.'s capital of Abu Dhabi is a feat of natural beauty. The archipelago is made up of over 200 islands and is known for its white sandy beaches and luscious mangrove forests, but behind many of the coastal city's atolls are companies reclaiming land and creating the infrastructure to bring the emirate to life. One such enterprise is NMDC Group, the largest turnkey engineering, procurement, and construction (EPC) contractor in the Middle East.
"NMDC has been instrumental in various landmark projects that have shaped not only the local landscape but also our global reputation," says Group CEO, Yasser Zaghloul. Some of the group's key projects include the involvement of its subsidiary NMDC Dredging & Marine in the Suez Canal Duplication Project, creating a new 34-kilometer canal parallel to the existing channel. The group was also involved in the development of critical artificial islands on Abu Dhabi's Zakum offshore field, and urban planning achievements like the Abu Dhabi Corniche Beach Development Project, including the construction of a 3.5 km long beachfront.
Through NMDC Dredging & Marine, the group works on construction and maintenance dredging for ports and harbors, artificial island construction, beach construction, land reclamation, and intake and outfall dredging. By dredging, the company removes and transports sand from the ocean floor for construction purposes, such as raising the land level to build new islands. The NMDC Group operates across MENA and South Asia and owns a marine fleet of more than 120 vessels. It has been operating since 1976 and over the years has been involved in some of Abu Dhabi's most vital projects, such as Sir Baniyas Island, AI Maryah Island, Yas Island Beach, and the Khalifa Port marine works.
Cette histoire est tirée de l'édition June 2024 de Forbes Middle East - English.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Forbes Middle East - English
Forbes Middle East - English
CAPITAL IN TRANSITION
As Saudi Arabia diversifies beyond oil, capital is moving into new sectors. For Saudi billionaire Ajlan Abdulaziz Alajlan, Chairman of Ajlan & Bros Group, that shift is already shaping his strategy.
5 mins
April - May 2026 English Edition
Forbes Middle East - English
THE MIDDLE EAST'S MOST IMPACTFUL REAL ESTATE LEADERS 2026
Sajwani founded DAMAC Properties in 2002. In 2025, DAMAC reported $9.8 billion in sales.
2 mins
April - May 2026 English Edition
Forbes Middle East - English
The Youngest Arab Billionaire In 2026
Unlike developers who scale through long-term, phased masterplans, Abbas Sajwani, Founder and CEO of AHS Properties, focuses on acquiring, repositioning, and monetizing high-value assets in Dubai's ultra-luxury commercial and residential market.
2 mins
April - May 2026 English Edition
Forbes Middle East - English
THE WORLD'S RICHEST ARABS 2026
36 billionaires across seven countries, with a combined net worth of $137.3 billion
1 mins
April - May 2026 English Edition
Forbes Middle East - English
BUILDING BEYOND BRICKS
Waleed Mohammad Al Zaabi, founder and owner of Tiger Holding, has built skyscrapers across the Middle East and grown a business that now spans construction, real estate, hospitality, engineering, education, facilities management, and industrial services.
7 mins
April - May 2026 English Edition
Forbes Middle East - English
PLANNING BOLDLY, NAVIGATING MARKET SHIFTS
Ahmed Al Ammadi, CEO of Diyar Al Muharraq, is leading one of Bahrain's largest and most active master-planned communities-spanning 12 square kilometers-through shifting market dynamics and regional uncertainty.
6 mins
April - May 2026 English Edition
Forbes Middle East - English
TOP 10 CONSTRUCTION COMPANIES 2026
The Middle East's construction sector continues to expand, driven by major infrastructure and real estate projects. This year's list of The Middle East's Top 10 Construction Companies 2026 highlights firms with a strong track record of project execution, solid financial performance, and multi-billion-dollar project backlogs.
4 mins
April - May 2026 English Edition
Forbes Middle East - English
HOW CULTURE BECAME A CORE ASSET
With the $1 billion Grand Egyptian Museum opening, drawing an average of 19,000 visitors per day, it's clear that culture is no longer a decorative afterthought. As cities compete for capital, talent, and global relevance, it has become a core economic engine.
4 mins
April - May 2026 English Edition
Forbes Middle East - English
THE HUMAN BLUEPRINT BEHIND A LUXURY PROPERTY EMPIRE
Masih Imtiaz, CEO of family-run business Imtiaz Developments, defied Dubai's high-velocity real estate playbook by putting empathy at the center.
5 mins
April - May 2026 English Edition
Forbes Middle East - English
The World's Celebrity Billionaires
From newcomer Roger Federer to Oprah Winfrey, here are the 22 athletes and entertainers who have translated their fame into ten-figure fortunes.
1 min
April - May 2026 English Edition
Listen
Translate
Change font size
