NMDC Energy reports 16% revenue rise in H1 2026

NMD Energy achieved a 16% growth in revenue during the first half of 2026, reaching AED 9.5 billion, supported by the implementation of new projects and winning contracts valued at AED 2.2 billion in the second quarter. The value of projects underway also increased to AED 33.3 billion by the end of June 2026. The company’s financial position was strengthened with cash reserves totaling AED 3.3 billion. The company reaffirmed the success of its strategy to expand operations, invest in cutting-edge technologies such as artificial intelligence, and continue to grow in regional and global energy markets, while maintaining its commitment to sustainability and quality.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article