Naqi Water Company

Naqi Water Company signed a contract with Middle East Machines Factory (MAMCO) for the purchase, supply, and installation of industrial elevators worth SAR 2.67 million. The financial impact is expected in H2 2026.

Naqi Water Company signed an addendum to replace a single bottled water production line with two independent lines for its new factory in Riyadh, increasing capacity to 120,000 bottles per hour. The original line was valued at EUR 8,537,000.

Naqi Water Company signed a contract worth 16.5 million Saudi riyals to construct a new factory in Riyadh, Saudi Arabia. The factory will have a production capacity of over 1 billion packages annually, a 70% increase over its current capacity. Construction starts November 1, 2025, with completion expected by November 1, 2026.

Naqi Water Co. signed a contract with Middle East Machinery Factory Co. Ltd. (MEMCO) to purchase a bottled drinking water production line for €8.5 million (SAR 37.7 million) for its new factory in Riyadh, expected to increase capacity by 700 million bottles per year.

Naqi Water signed a contract worth SAR 20.125 million with Middle East Machinery Factory (Mamco) to purchase and supply a production line for its new bottled water plant in Jazan, Saudi Arabia.

Naqi Water Company announced the start of constructing a new factory in Riyadh and signed a contract on May 28, 2023, to acquire an industrial property in the Second Industrial City of Riyadh for SAR 6,150,000. The financial impact is expected by the end of Q1 2024.