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مباشر
UAE's MDSC secures 3 Saudi Aramco projects
Emirati company NMD Energy announced that it has won three new projects worth 2.8 billion dirhams from Saudi Aramco. These projects include engineering, supply, and construction works for offshore projects, with an expected completion time of between 18 and 23 months. Despite this, the company recorded a 57% decrease in profits in the first half of 2026, amounting to 250 million dirhams compared to 582 million dirhams in the same period of 2025. Operating income also declined by 48%, reaching 322 million dirhams.
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