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National Marine Dredging Company PJSC
Mussafah Street 16, 3649
P.O Box
Phone: +971 25130000p:+971 25130000 ABU DHABI, United Arab Emirates Ticker: NMDCNMDC
Business Summary
National Marine Dredging PSC (NMDC) is a United Arab Emirates-based public shareholding company primarily engaged in the execution of dredging contracts and associated land reclamation works in the territorial waters of the United Arab Emirates, under the directives of the Government of Abu Dhabi. The Company’s activities are structured into two divisions: the Dredging and Reclamation division includes dredging and reclamation work, survey work, design of construction environment management plan, monitoring for compliance and submission of progress reports, and the Civil Works division covers rock revetment for shore protection, armor unit installations, quay wall installations, jetty installation, soil improvement, geotechnical investigations and recommendations, and numerical modeling and infrastructure installations. The Company’s projects include, among others, Mangroves, Suwa Island, Al Bahr Palace Channel, Sir Baniyas Island, Mussafah Channel Project and Zukum Project.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
1629 Heavy construction, not elsewhere classified
1799 Special trade contractors, not elsewhere classified
7389 Business services, not elsewhere classified
1791 Structural steel erection
3317 Steel pipe and tubes

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Mohammed Thani MurshedAl Rumaithi 4/24/2013 1/1/2007
Group Chief Executive Officer Yaser N.Zaghloul 5/24/2010 1/8/2009
Independent Vice Chairman of the Board Hamad Salem MohammedAl Amri 3/28/2021 3/28/2021
5 additional Officers and Directors records available in full report.

Business Names
Business Name
National Marine Dredging Company
NMDC

General Information
Number of Employees: 11,686 (As of 12/31/2021)
Outstanding Shares: 825,000,000 (As of 12/31/2023)
Stock Exchange: ABD
Fax Number: +971 25516500


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Friday, April 19, 2024