Naqi Water Co. (2282)

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News

2 July 11:19 AM Naqi Water pens MoU to acquire 70% stake in Ahali Najd Car Rental

Riyadh — Mubasher: Naqi Water Company signed a memorandum of understanding (MoU) to acquire a 70% equity stake in Ahali Najd Car Rental Company on 1 July 2026. The agreement, which is non-binding for Naqi Water but binding for the target company, …

Company News

28 June 07:12 AM Naqi Water extends deal with MEMCO for production line upgrades

Riyadh — Mubasher: Naqi Water Company has announced a significant update regarding the development of its primary production facilities in the Al Qassim region. The company has signed an addendum to its existing contract with Middle East Machinery …

Companies Investments

23 June 08:37 AM Naqi Water expands business via new branch in Riyadh

Riyadh – Mubasher: Naqi Water Company, a prominent entity listed on the Saudi Exchange (Tadawul), has officially announced the inauguration of a new branch in Riyadh dedicated to its table egg business. This move is a central component of the …

Company News

15 June 03:17 PM Naqi Water inks EUR 1m deal with Germany’s Big Dutchman

Riyadh – Mubasher: Naqi Water Company has signed a contract with Germany-based Big Dutchman at a value of EUR 1.12 million for the purchase of machinery and equipment for the poultry sector. The deal will be self-financed by the Saudi company …

Companies Investments

14 June 10:07 PM Naqi Water announces developments for Riyadh factory project

Riyadh – Mubasher: Naqi Water Company has announced a series of developments regarding the construction of its new manufacturing facility in Riyadh, including the signing of a contract addendum for additional works and a revision of the project …

Companies Investments

11 June 05:09 PM Naqi Water forms new Audit Committee for upcoming board term

Riyadh – Mubasher: Naqi Water Company has finalized the composition of its Audit Committee for the upcoming Board of Directors term, following a board meeting on 10 June 2026, according to a bourse disclosure. The appointments, which were ratified …

Board of Directors

11 June 06:17 AM Naqi Water appoints Chairman, Vice Chairman

Riyadh — Mubasher: Naqi Water Company appointed Ameen Abdullah Al Mallah as the new Chairman, while Youssef Mohammed Al Qafari was named as Vice Chairman. The company also announced Abdulaziz Youssef Al Sayegh as Managing Director and CEO, …

Board of Directors

19 May 01:29 PM Naqi Water to open 2 new branches in Saudi governorates

Riyadh — Mubasher: The board members of Naqi Water Company approved opening two new branches in both Ad Dawadimi and Al Ghat governorates, according to a bourse disclosure. This step aligns with the company’s expansion plans aimed at enhancing its …

Companies Investments

4 September 2025 11:55 AM Naqi Water, MEMCO sign EUR 900,000 deal

Riyadh — Mubasher: Naqi Water Company penned a deal with Middle East Factory for Machines Company Limited (MEMCO) at an amount of EUR 900,000, according to a bourse filing. Signed on 2 September, the agreement covers the supply and installation of …

Companies Investments

30 December 2024 09:25 PM Naqi Water pens over SAR 12m project to expand poultry sector

Riyadh — Mubasher: Naqi Water Company has signed an agreement with Belad Al Sham Contracting Company for a project worth SAR 12.31 million to build new poultry houses, which comes within an expansion plan. The project aims to boost the poultry …

Companies Investments

7 November 2023 07:37 PM Naqi Water’s net profits decline 12% in 9M-23

Riyadh – Mubasher: Naqi Water Company reported a 12.15% drop in net profit to SAR 40.58 million during the first nine months (9M) of 2023, compared to SAR 46.19 million in the same period of 2022. Revenues also declined by 14.68% to SAR 184.72 …

Financial Results

9 January 2023 01:28 PM Naqi Water’s shareholders approve SAR 20m dividends for 2 quarters

Riyadh - Mubasher: The shareholders of Naqi Water Company greenlighted the distribution of cash dividends worth SAR 20 million, representing 10% of the capital, for the second (Q2) and third quarters (Q3) of 2022. The Saudi firm will disburse SAR …

Board of Directors