Economy and macroUpdated November 2

NMDC targets a share of projects worth over AED 100bn.

The 100-billion-dirham figure is the value of the opportunity pool, not a contract total NMDC has secured. Asharq Business with Bloomberg reports that NMDC is targeting a substantial share of opportunities in projects worth more than AED 100 billion. It cites demand for infrastructure and energy, alongside expansion in Saudi Arabia, as support for the target.

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Coverage started November 2