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flag Alpha Dhabi Holding buys 9.77% of NMDC for $436M, raising its stake to 76.68%.

flag Abu Dhabi-based Alpha Dhabi Holding has acquired a 9.77% stake in NMDC Group for $436 million, increasing its ownership to 76.68%. flag The sale, by AD Ports Group, marks its third non-core asset divestment in 2025, with proceeds aimed at reducing net debt and funding higher-return projects. flag AD Ports reported $17 billion in net debt as of September 2025 and achieved a 17% shareholder return on the stake over less than four years. flag NMDC reported a 26% year-on-year profit increase for the first nine months of 2025.

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