Alpha Dhabi boosts control of NMDC in Dh1.6B deal

Alpha Dhabi Holding has tightened its grip on one of the UAE’s most strategically important industrial groups, acquiring an additional 82.5 million shares in NMDC Group in a Dh1.6 billion transaction that amplifies both its influence and Abu Dhabi’s broader industrial ambitions.

- Issac John [e-mail]

The purchase, completed with AD Ports Group, raises Alpha Dhabi’s stake in NMDC Group to 76.68 per cent of the company’s issued share capital.

For Abu Dhabi, the deal signals a deepening commitment to industrial diversification, self-sufficiency, and global competitiveness. For Alpha Dhabi, it cements the group’s position as a central player in shaping the emirate’s long-term economic transformation.

The investment is a powerful vote of confidence in the industrial sector’s resilience and potential. Alpha Dhabi said the acquisition aligns with the UAE’s vision for a knowledge-based and innovation-led economy—one that places emphasis not only on infrastructure and capability, but also on cultivating a diverse, skilled and inclusive workforce.

Both companies say they intend to continue advancing opportunities for women, youth and underrepresented groups as part of a shared commitment to driving industrial growth through talent development and social inclusion.