Naqi Water to Invest SAR18 Million in Bottled Water Cap Manufacturing

Naqi Water Co. (SASE:2282) signed a 17.6 million-Saudi-riyal contract to purchase and install specialized machinery to manufacture bottled water caps at its main factory. The water company said Monday the investment will enable it to produce bottled water caps in-house, strengthening integration across its production process, reducing reliance on external suppliers, lowering costs and improving operational efficiency.