Yasser Zaghloul: Steering NMDC Group’s Growth Across Marine Construction, Energy, and Infrastructure

In the rapidly evolving sectors of marine construction, energy, and infrastructure development, sustained growth requires vision, operational excellence, and the ability to adapt to emerging opportunities. Few leaders have demonstrated these qualities as consistently as Yasser Zaghloul, the executive who has played a central role in shaping the growth of NMDC Group over the past two decades.

Having joined NMDC in 1998 and assumed his current leadership position in 2009, Zaghloul has overseen the company’s evolution from a specialized marine contractor into a diversified group serving critical sectors across the UAE and international markets.

Today, NMDC stands as one of the region’s most influential engineering and infrastructure organizations, delivering projects that support economic growth, industrial development, and national strategic objectives.

Building a Diversified Engineering Powerhouse

Under Zaghloul’s leadership, NMDC Group has expanded significantly, developing a business model that combines expertise across multiple industries.

The group now operates through five major business units:

• NMDC Dredging & Marine
• NMDC Energy
• NMDC Infra
• NMDC Engineering
• NMDC LTS

This diversified structure enables the organization to provide integrated solutions across marine construction, offshore energy services, infrastructure development, engineering, and logistics support.

By combining these capabilities under a unified platform, NMDC has strengthened its ability to deliver complex projects while supporting national development priorities.

Strong Financial Performance and Continued Expansion

The group’s growth is reflected in its financial performance.

During the first half of 2025, NMDC reported total assets of approximately $10 billion and generated revenues of $3.6 billion, highlighting the scale of its operations and the strength of its project portfolio.

These results underscore the company’s position as a major contributor to infrastructure and industrial development across the region while demonstrating its ability to maintain growth in a competitive market environment.

Strategic Acquisitions Driving Capability Growth

A key component of Zaghloul’s strategy has been expanding NMDC’s capabilities through carefully selected investments and acquisitions.

In June 2025, NMDC LTS acquired a 70 percent stake in Emdad, a move designed to strengthen the group’s service portfolio and enhance its ability to support clients across energy and industrial sectors.

The acquisition reflects a broader focus on creating synergies across the group while expanding operational expertise and long-term value creation.

By integrating complementary businesses into its ecosystem, NMDC continues to strengthen its competitive position and broaden its market reach.

Strengthening Collaboration with ADNOC

Partnerships remain a critical driver of growth within the UAE’s industrial and energy sectors.

In September 2025, NMDC Group and ADNOC Logistics & Services signed a three-year agreement aimed at exploring joint opportunities in providing maritime services for offshore projects.

The collaboration highlights NMDC’s growing role in supporting offshore energy development while reinforcing its relationship with key national energy stakeholders.

Such agreements create opportunities to combine expertise, resources, and operational capabilities to deliver enhanced value across major offshore projects.

Contributing to Global Industry Development

Beyond his responsibilities at NMDC, Yasser Zaghloul remains actively involved in the broader marine construction and dredging community.

He is a member of the Brussels-based World Organization of Marine Construction and Dredging, where industry leaders collaborate on advancing best practices, innovation, and sustainable development within the sector.

His participation reflects a commitment to maintaining global standards while supporting the continued advancement of marine engineering and construction industries.

Leading the Future of Infrastructure and Marine Development

As infrastructure investment, offshore energy projects, and industrial development continue to accelerate across the Middle East, NMDC Group is positioned to play an increasingly important role in shaping the region’s future.

Under Yasser Zaghloul’s leadership, the organization has built a strong reputation for execution, innovation, and strategic growth. From major marine construction projects and energy infrastructure to acquisitions and long-term partnerships, the company continues to expand its influence across multiple sectors.

His journey with NMDC demonstrates the impact of long-term leadership, industry expertise, and a commitment to building sustainable value. As the group enters its next phase of growth, Zaghloul remains focused on strengthening NMDC’s position as a leading force in engineering, infrastructure, marine services, and energy development across the region and beyond.