"NMDC Group" advances industrial localization and strategic partnerships at "Make it in the Emirates 2026" | premargin
"NMDC Group" advances industrial localization and strategic partnerships at "Make it in the Emirates 2026"
·ADX·General Disclosure | General Press Release·May 6, 2026·View on exchange
AI Summary
NMDC Infra signed an AED 1.046 billion EPC agreement with Etihad Water and Electricity and Lantania Aguas for the 60 MIGD Fujairah I Independent Water Producer (IWP) desalination plant.
NMDC Energy entered several strategic agreements to advance industrial localization, including an MoU with Energy Masters to establish the UAE’s first manufacturing facility for Electro Submersible Pumps (ESPs).
The Group launched the NMDC Coastal & Hydrodynamic Center, the region’s first hydraulic physical modeling test facility, and established a cybersecurity partnership with CyberGate Defense.
NMDC Group reported a total project backlog of AED 57.3 billion as of the first quarter of 2026.