NMDC Energy reports 16% revenue growth in H1 2026
NMD Energy achieved a 16% growth in its revenues during the first half of 2026, reaching AED 9.5 billion. This growth was supported by the execution of existing projects and the successful acquisition of new contracts valued at AED 2.2 billion in the second quarter. The value of ongoing projects increased to AED 33.3 billion, while the company maintained a strong financial position with cash reserves of AED 3.3 billion. The company emphasized the expansion of partnerships and investments in advanced technologies, while continuing its commitment to sustainability policies and expanding into regional and global markets.
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